Compare Best SGD to MYR transfer rates

Compare Exchange Rates & Fees - Save Time & Money

Sending money to Malaysia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Malaysia bank accounts or pay a Malaysian ringgit invoice.

SGD to MYR Market Data

Singapore dollar (SGD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.

Sell SGD → Buy MYR

1 SGD = 3.2845 MYR

1d0.0%−

SGD to MYR is at 7-day highs near 3.2897, just below its 3-month average, having traded in a very stable 2.2% range from 3.2697 to 3.3428

08-SEP 8PM-NY 09-SEP 1AM-LON 8AM-HK 10AM-SYD

Tracker

1 MYR = 0.3045 SGD

Is the SGD to MYR Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Malaysian ringgit is to review how the SGD/MYR rate has changed over time.

The table below shows the percentage change in the SGD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	SGD/MYR	Change	Period
26 Aug 2025	3.2803	0.1% ▲	2 Week
11 Jun 2025	3.2995	0.5% ▼	3 Month
09 Sep 2024	3.3432	1.8% ▼	1 Year
10 Sep 2020	3.0408	8% ▲	5 Year
12 Sep 2015	3.0477	7.7% ▲	10 Year
14 Sep 2005	2.2461	46.2% ▲	20 Year

SGD/MYR historic rates & change to 09-Sep-2025

SGD to MYR Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Malaysian ringgit across a range of amounts.

This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :

SGD	MYR
S$ 1	RM 3.2845
S$ 5	RM 16.42
S$ 10	RM 32.85
S$ 20	RM 65.69
S$ 50	RM 164.23
S$ 100	RM 328.45
S$ 250	RM 821.13
S$ 500	RM 1,642
S$ 1,000	RM 3,285
S$ 2,000	RM 6,569
S$ 5,000	RM 16,423
S$ 10,000	RM 32,845
S$ 20,000	RM 65,690
S$ 50,000	RM 164,225
S$ 100,000	RM 328,450

SGD	MYR
S$ 0.3045	RM 1
S$ 1.5225	RM 5
S$ 3.0450	RM 10
S$ 6.0900	RM 20
S$ 15.23	RM 50
S$ 30.45	RM 100
S$ 76.13	RM 250
S$ 152.25	RM 500
S$ 304.50	RM 1,000
S$ 609.00	RM 2,000
S$ 1,523	RM 5,000
S$ 3,045	RM 10,000
S$ 6,090	RM 20,000
S$ 15,225	RM 50,000
S$ 30,450	RM 100,000

More amounts

*Converted at the current SGD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

What is the best Send Money conversion rate for SGD to MYR?

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

The above Singapore dollar to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest SGD-MYR mid-rate and the possible savings of using various providers.

How do SGD-MYR rates compare between providers?

The next best is XE at 3.2648, -0.6% from the mid-rate.

Then Wise at 3.2648, which is -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 3.1141 at -5.2% the OCBC Bank rate is 3.1958 at -2.7% and the Maybank rate is 3.1696 at -3.5% compared to the mid-rate 3.2845.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

Currency Forecasts related to SGD/MYR