SGD to MYR Market Data
Singapore dollar (SGD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
⚪ Range-bound
3.0490 – 3.1040
🌍 Global risk sentiment
⚪ Range-bound
90-day market context
Currency Forecasts related to SGD/MYR
SGD to MYR Exchange Rate Forecast & Outlook
Currently, SGD/MYR is trading close to the recent low within its 3.0493 to 3.1837 range, with the pair holding near the 90-day average. The dominant driver from risk sentiment remains supported by global...
SGD to USD Exchange Rate Forecast & Outlook
Currently, SGD/USD is trading near its 90-day lows around 0.7735, supported by risk-off sentiment. Over the next few sessions, the pair may remain pressured by safe-haven flows, keep trading close to recent...
USD to MYR Exchange Rate Forecast & Outlook
Currently, USD/MYR is trading near recent highs at 60-day levels, supported by risk-off sentiment and safe-haven flows. Over the next few sessions, the pair may remain supported as risk sentiment stays...
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$ 1,000 | RM 3,105 |
| S$ 5,000 | RM 15,524 |
| S$ 20,000 | RM 62,094 |
| S$ 100,000 | RM 310,470 |
| SGD | MYR |
|---|---|
| S$ 322.10 | RM 1,000 |
| S$ 1,611 | RM 5,000 |
| S$ 6,442 | RM 20,000 |
| S$ 32,210 | 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?
The best SGD to MYR exchange rate is 3.1007 from Wise. This is -0.13% compared to the mid-market rate 3.1047.
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?
Looking at the full SGD to MYR - Send Money comparison table the provider with the best SGD to MYR exchange rate is Wise at 3.1007, -0.13% from the latest mid-market rate 3.1047.
The next best is OFX at 3.0892, -0.5% from the mid-rate.
Then XE at 3.0861, which is -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 3.0085 at -3.1% the OCBC Bank rate is 3.0209 at -2.7% and the Maybank rate is 2.9961 at -3.5% compared to the mid-rate 3.1047.
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.
