MYR to SGD 2025 Forecasts & Latest Rates

MYR to SGD Market Data

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

Sell MYR → Buy SGD

1 MYR = SGD

▲+0.6%

14d-highs

MYR to SGD is at 14-day highs near 0.3042, just 0.9% above its 3-month average of 0.3015, having traded in a very stable 3.3% range from 0.2971 to 0.3068

23-MAY 8PM-NY 24-MAY 1AM-LON 8AM-HK 10AM-SYD

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1 SGD = 3.2871 MYR

Date	MYR/SGD	Change	Period
09 May 2025	0.3018	0.5% ▲	2 Week
22 Feb 2025	0.3022	0.3% ▲	3 Month
23 May 2024	0.2874	5.5% ▲	1 Year
24 May 2020	0.3263	7.1% ▼	5 Year
26 May 2015	0.3710	18.3% ▼	10 Year
28 May 2005	0.4366	30.6% ▼	20 Year

MYR/SGD historic rates & change to 23-May-2025

What are equivalent amounts of MYR and SGD?

Here are some popular conversion amounts for MYR to SGD (Malaysian ringgit to Singapore dollar)*.

MYR	SGD
RM 1	S$ 0.3042
RM 5	S$ 1.5210
RM 10	S$ 3.0420
RM 20	S$ 6.0840
RM 50	S$ 15.21
RM 100	S$ 30.42
RM 250	S$ 76.05
RM 500	S$ 152.10
RM 1,000	S$ 304.20
RM 2,000	S$ 608.40
RM 5,000	S$ 1,521
RM 10,000	S$ 3,042
RM 20,000	S$ 6,084
RM 50,000	S$ 15,210
RM 100,000	S$ 30,420

MYR	SGD
RM 3.2871	S$ 1
RM 16.44	S$ 5
RM 32.87	S$ 10
RM 65.74	S$ 20
RM 164.36	S$ 50
RM 328.71	S$ 100
RM 821.78	S$ 250
RM 1,644	S$ 500
RM 3,287	S$ 1,000
RM 6,574	S$ 2,000
RM 16,436	S$ 5,000
RM 32,871	S$ 10,000
RM 65,742	S$ 20,000
RM 164,355	S$ 50,000
RM 328,710	S$ 100,000

More amounts

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

Forecasts for MYR to SGD

24 MayRecent forecasts for the MYR to SGD exchange rate highlight a challenging landscape for both currencies due to rising geopolitical tensions and economic responses to trade tariffs. The Malaysian Ringgit (MYR) has been under pressure following the announcement of a 24% tariff on imports from Malaysia by U.S. President Donald Trump. In response, Malaysia's Prime Minister Anwar Ibrahim stated that the country is seeking to coordinate a regional response instead of retaliation, which underscores an environment of uncertainty for Malaysian exporters and the currency.

Read our full review of recent MYR to SGD forecasts.

How to get a good MYR to SGD exchange rate

There are several ways to save on exchange rates when converting Malaysian ringgit to Singapore dollar:

Shop around for the best MYR/SGD exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
Timing is important: Keep an eye on the MYR/SGD rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both MYR and SGD at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Singapore dollar with Malaysian ringgit, then it's better for the MYR/SGD exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

Read our Currency guide to Singapore — a practical currency and money guide to travel in Singapore plus living and doing business with the Singapore dollar.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

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Will the Malaysian ringgit rise against the Singapore dollar?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add MYR/SGD to your personalised Rate Tracker to track and benefit from currency movements.

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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending