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MYR to SGD - Exchange Rates

Malaysian Ringgit to Singapore Dollar exchange rates aren't all the same. The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees.

Foreign Exchange margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 MYR = 0.3281 SGD

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MYR to SGD 90-Day Trend
ALERT:1-DAY0.8% 🔔|
MYR/SGD at 0.328 was trading 0.9% below AVG:0.331 with LO:0.3267 and HI:0.3363 (90 days). ALERT: Today MYR/SGD is DOWN 0.8%
07-APR 3PM-NY 8PM-LON 08-APR 3AM-HK 5AM-SYD

Convert MYR to SGD More Charts


Quick Conversions from Malaysian Ringgit to Singapore Dollar

MYR SGD
RM 1 S$ 0.3281
RM 5 S$ 1.6405
RM 10 S$ 3.2810
RM 20 S$ 6.5620
RM 50 S$ 16.41
RM 100 S$ 32.81
RM 250 S$ 82.03
RM 500 S$ 164.05
RM 1,000 S$ 328.10
RM 2,000 S$ 656.20
RM 5,000 S$ 1,641
RM 10,000 S$ 3,281
RM 50,000 S$ 16,405
RM 100,000 S$ 32,810
More amounts
MYR SGD
RM 3.0479 S$ 1
RM 15.24 S$ 5
RM 30.48 S$ 10
RM 60.96 S$ 20
RM 152.40 S$ 50
RM 304.79 S$ 100
RM 761.98 S$ 250
RM 1,524 S$ 500
RM 3,048 S$ 1,000
RM 6,096 S$ 2,000
RM 15,240 S$ 5,000
RM 30,479 S$ 10,000
RM 152,395 S$ 50,000
RM 304,790 S$ 100,000
More amounts

To calculate your own MYR/SGD amounts use our Convert MYR to SGD quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for MYR/SGD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

MYR to SGD International Money Transfers

  

Foreign Transfer Provider Receive SGD(S$) Exchange RateFee MYRDeal Links
TransferWise logo
S$3,267.25
0.6%
0.3284RM51
OFX logo
S$3,248
1.19%
0.32480 for BER users (normally $15)
Maybank International Money Transfers
Maybank logo
S$3,140.28
4.46%
0.3172RM100
OCBC Bank International Money Transfers
OCBC Bank logo
S$3,140.28
4.46%
0.3172RM100
United Overseas Bank International Money Transfers
United Overseas Bank logo
S$3,140.28
4.46%
0.3172RM100
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
S$3,119
5.11%
0.314015
HSBC logo
S$3,100.34
5.68%
0.3105RM15
Citibank International Money Transfers
Citibank logo
S$3,073.31
6.5%
0.307712
 
TransferWise logo
TransferWise: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:0.3284 (0.09% from mid-rate)
To Amount (SGD) S$3,267.25
Total Cost:0.6%
Time:1:10 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3248 (1.19% from mid-rate)
To Amount (SGD) S$3,248
Total Cost:1.19%
Difference:
S$19 SGD less than using TransferWise
Time:
Rate Fetched: 1:10 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:0.3140 (4.47% from mid-rate)
To Amount (SGD) S$3,119
Total Cost:5.11%
Difference:
S$148 SGD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:0.3105 (5.54% from mid-rate)
To Amount (SGD) S$3,100.34
Total Cost:5.68%
Difference:
S$167 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:0.3077 (6.39% from mid-rate)
To Amount (SGD) S$3,073.31
Total Cost:6.5%
Difference:
S$194 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/07/2020 - View latest rates
  

MYR to SGD International Money Transfers

  

Foreign Transfer Provider Receive SGD(S$) Exchange RateFee MYRDeal Links
TransferWise logo
S$3,267.25
0.6%
0.3284RM51
OFX logo
S$3,248
1.19%
0.32480 for BER users (normally $15)
Maybank International Money Transfers
Maybank logo
S$3,140.28
4.46%
0.3172RM100
OCBC Bank International Money Transfers
OCBC Bank logo
S$3,140.28
4.46%
0.3172RM100
United Overseas Bank International Money Transfers
United Overseas Bank logo
S$3,140.28
4.46%
0.3172RM100
Banks - Average Rate
Citibank logo Maybank logo HSBC logo OCBC Bank logo United Overseas Bank logo
S$3,119
5.11%
0.314015
HSBC logo
S$3,100.34
5.68%
0.3105RM15
Citibank International Money Transfers
Citibank logo
S$3,073.31
6.5%
0.307712
 
TransferWise logo
TransferWise: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM51 MYR (0.5% + RM1)
Exchange Rate:0.3284 (0.09% from mid-rate)
To Amount (SGD) S$3,267.25
Total Cost:0.6%
Time:1:10 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:0 for BER users (normally $15)
Exchange Rate:0.3248 (1.19% from mid-rate)
To Amount (SGD) S$3,248
Total Cost:1.19%
Difference:
S$19 SGD less than using TransferWise
Time:
Rate Fetched: 1:10 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
Maybank logo
Maybank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
United Overseas Bank logo
United Overseas Bank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM100 MYR (1%)
Exchange Rate:0.3172 (3.5% from mid-rate)
To Amount (SGD) S$3,140.28
Total Cost:4.46%
Difference:
S$127 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:15
Exchange Rate:0.3140 (4.47% from mid-rate)
To Amount (SGD) S$3,119
Total Cost:5.11%
Difference:
S$148 SGD less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:RM15 MYR (.15%)
Exchange Rate:0.3105 (5.54% from mid-rate)
To Amount (SGD) S$3,100.34
Total Cost:5.68%
Difference:
S$167 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer MYR→SGD
From Amount (MYR)RM10,000
Fee:12
Exchange Rate:0.3077 (6.39% from mid-rate)
To Amount (SGD) S$3,073.31
Total Cost:6.5%
Difference:
S$194 SGD less than using TransferWise
Time:1:10 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 04/07/2020 - View latest rates
 

Country Guides (MYR & SGD)

MalaysiaMalaysia (MYR)SingaporeSingapore (SGD)

MYR and SGD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the MYR vs SGD, you should pay attention to the recent market trends for both currencies.

Malaysian Ringgit (MYR)

Malaysia was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it added to negative sentiment, which then spurred a rise in USD/MYR to a 6-month high (MYR low) of RM4.2.

Among factors contributing to the ringgit’s weakness over the past year has been political uncertainty relating to Malaysia’s ruling Pakatan Harapan coalition, late-2018’s crash in oil prices, global trade tensions and higher US interest rates.

Read more in the article MYR Forecasts.

 

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

Read more in the article SGD Forecasts.


How to get Best MYR to SGD Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee 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.

What is a good MYR to SGD exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the MYR to SGD exchange rate to the present day for periods going back upto 10 years.

PeriodMYR/SGDDate
1 Day0.328730 Mar 2020
7 Day0.326524 Mar 2020
30 Day0.331401 Mar 2020
3 Month0.328901 Jan 2020
1 Year0.332101 Apr 2019
5 Year0.371102 Apr 2015
10 Year0.429903 Apr 2010

When is the best time to exchange MYR to SGD?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

We help you Save Money on Exchange Rates.

 

View all MYR Exchange Rates