Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

SGD to MYR Forecasts – Singapore dollar to Malaysian ringgit

Latest SGD to MYR forecasts including bank predictions, key market drivers and recent trends for SGD/MYR. See where analysts expect the pair to move and the factors likely to influence it.

 

SGD to MYR Forecast & Outlook

18 Apr 2026 • 01:05 GMT

SGD/MYR 3.1118

📊 Forecast snapshot

  • Near-term bias: ⚪ Range-bound
  • Expected range: 3.1040 – 3.1590
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/MYR is trading near the high end of its recent range, supported by the stable rate differential and range-trading conditions. The pair is finding support around its 3-month average, with little in the way of a strong catalyst for the next move. Near-term conditions suggest sideways trading within its recent 3.6% range.

💸 Transfer implications

  • Expats: sending money to Malaysia may find current levels relatively supported, but conditions could stay sideways.
  • Travellers: exchanging MYR with SGD might see stable rates, with limited move opportunities.
  • Businesses: paying MYR invoices in SGD may experience little change in transfer costs in the near term.

🧭 Key drivers

  • Rate gap: The rate differential remains stable, with policy and yield gaps supporting current levels.
  • Risk/commodities: Risk sentiment is neutral, with no major risk-off or risk-on cues influencing the pair.
  • Global factors: Global risk sentiment continues to hold a neutral bias, keeping the pair consolidating.

⚠️ What could change it

  • Upside risk: If risk sentiment shifts to more risk appetite, SGD may gain against MYR.
  • Downside risk: Any deterioration in global risk conditions could weaken SGD against MYR.

Comparing FX providers may help offset less favourable exchange conditions. Shopping around for the lowest margin provider can help reduce overall transfer costs.

SGD-MYR Rate Calculator

 
 
   
   
   
   
   
 
 

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 =
3.1033We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d+0.1%▲
SGD to MYR at 3.1016 is near its 3-month average, having traded in a very stable 3.3% range from 3.0493 to 3.1512
|
Tracker

Manage Tracker   

  1 MYR = 0.3222 SGD

Compare & Save - Singapore dollar to Malaysian ringgit

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Singapore dollar (SGD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.

Use our SGD to MYR calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Singapore dollar to Ringgit currency rates and the possible savings of using various providers.

 
 

Will the Singapore dollar rise against the Malaysian ringgit?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore dollar vs Malaysian ringgit current value is to look the SGD/MYR historic rate and change over a range of periods.

The following table looks at the change in the SGD to MYR exchange rate over periods from the previous week back to the last 10 years.

DateSGD/MYRChangePeriod
10 Apr 2026
3.1120
0.2% ▼2 Week
24 Jan 2026
3.1472
1.3% ▼3 Month
24 Apr 2025
3.3297
6.7% ▼1 Year
25 Apr 2021
3.0958
0.3% ▲5 Year
26 Apr 2016
2.8985
7.1% ▲10 Year
29 Apr 2006
2.2908
35.6% ▲20 Year
SGD/MYR historic rates & change to 24-Apr-2026

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 SGD/MYR to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

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

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more