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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

13 Jun 2026 • 01:09 GMT

SGD/MYR 3.1591

📊 Forecast snapshot

  • Near-term bias: 🟡 Range-bound, upside bias
  • Expected range: 3.1130 – 3.1680
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: 🟢 Uptrend

Currently, SGD/MYR is trading near the high end of its recent 3.9% range, supported by risk-on sentiment. The pair remains within its recent range with no clear directional momentum. Over the next few sessions, conditions may remain supported by broad risk appetite and stable rate differentials, but short-term gains could face resistance if risk sentiment shifts.

💸 Transfer implications

  • Expats: sending money to MYR may find conditions slightly more favourable than recent levels.
  • Travellers: exchanging SGD for MYR could see prices supported by risk appetite.
  • Businesses: paying MYR invoices in SGD might benefit from current stability but should watch for any shifts in risk sentiment.

🧭 Key drivers

  • Rate gap: SGD's rate advantage is stable, with no significant policy divergence.
  • Risk/commodities: Risk-on sentiment supports risk-sensitive currencies, including MYR.
  • Global factors: Safe-haven demand remains supported amid broader risk appetite.

⚠️ What could change it

  • Upside risk: A sustained move towards increased risk appetite could strengthen SGD/MYR.
  • Downside risk: A shift to risk-off conditions, driven by geopolitical or macroeconomic shocks, could pressure the pair lower.

BER suggests comparing FX providers to help offset less favourable exchange conditions and reduce total 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 =
3.1589We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d−0.3%▼
SGD to MYR at 3.1591 is 1.7% above its 3-month average of 3.1075, having traded in a very stable 3.9% range from 3.0493 to 3.1682
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  1 MYR = 0.3166 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
29 May 2026
3.1085
1.6% ▲2 Week
14 Mar 2026
3.0734
2.8% ▲3 Month
12 Jun 2025
3.3053
4.4% ▼1 Year
13 Jun 2021
3.1025
1.8% ▲5 Year
14 Jun 2016
3.0234
4.5% ▲10 Year
17 Jun 2006
2.2882
38.1% ▲20 Year
SGD/MYR historic rates & change to 12-Jun-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.

 
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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

 

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