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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

18 Jul 2026 • 01:01 GMT

SGD/MYR 3.1722

📊 Forecast snapshot

  • Near-term bias: 🟡 Range-bound, upside bias
  • Expected range: 3.1530 – 3.2090
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, SGD/MYR is trading close to recent 14-day highs near 3.1722, holding above its 3-month average of 3.131. Supported by risk sentiment, it remains within its recent range and shows a mildly positive bias. Near-term conditions suggest the pair could stay supported by stable policy divergence and steady risk environment.

💸 Transfer implications

  • Expats: sending money to Malaysia may find exchange rates slightly more favourable than recent levels.
  • Travellers: buying MYR could benefit from current support if the pair holds or rises further.
  • Businesses: paying MYR invoices in SGD might experience more favourable conversion conditions near current levels.

🧭 Key drivers

  • Rate gap: The pair is near a 90-day average, with no notable policy divergence, leading to a neutral rate gap influence.
  • Risk/commodities: Risk sentiment remains balanced, supporting the pair within its recent range.
  • Global factors: The pair is influenced by steady risk sentiment and no major global macro shifts are evident.

⚠️ What could change it

  • Upside risk: An improvement in risk appetite or local policy easing could push SGD/MYR higher.
  • Downside risk: A sudden risk aversion shift or a drop in risk sentiment could cap the pair or pull it back.

BER suggests shopping around for the lowest margin providers may 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 =
3.1712We compare provider deals to this wholesale mid-market rate. Read more
MYR
1d+0.5%▲
SGD to MYR is at 14-day highs near 3.1722, 1.3% above its 3-month average of 3.131, having traded in a quite stable 4.1% range from 3.0812 to 3.2087
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  1 MYR = 0.3153 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
03 Jul 2026
3.1526
0.3% ▲2 Week
18 Apr 2026
3.1120
1.6% ▲3 Month
17 Jul 2025
3.3037
4.3% ▼1 Year
18 Jul 2021
3.1012
1.9% ▲5 Year
19 Jul 2016
2.9616
6.7% ▲10 Year
22 Jul 2006
2.3252
36% ▲20 Year
SGD/MYR historic rates & change to 17-Jul-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