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    SGD to MYR Exchange Rates

    Compare & Save on Singapore dollar to Malaysian ringgit FX rates - Check SGD/MYR Trends and Forecasts.

     
     
    1 SGD =
    3.0779We compare provider deals to this wholesale mid-market rate. Read more
    MYR
    Sell SGD   →   Buy MYR
     
    14-DAYLOW
    SGD to MYR at 3.0783 is 0.6% below its 90-day average, range 3.0705-3.1302.
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    My Rates
    SGD/MYR wasChangePeriod
    3.0782
    13 Oct 2021
    0.1% 2 Weeks
    3.1295
    29 Jul 2021
    1.7% 90 Days
    3.0568
    27 Oct 2020
    0.6% 1 Year
    3.0158
    28 Oct 2016
    2% 5 Years
    2.4677
    30 Oct 2011
    24.7% 10 Years
    2.0784
    01 Nov 2001
    48% 20 Years
    SGD/MYR change over periods to 27-Oct-2021

    The Malaysian ringgit has fallen below 24 cents as a firmer US dollar kept Asian currencies subdued while escalating woes at indebted developer China Evergrande switched markets to safe haven mode. MYR Outlook


    We can expect a volatile outlook for SGD against major currencies in October as Singapore’s Central Bank, the MAS, is expected to release their policy statement with views on the trajectory of the SGD.

    SGD could trade against the USD between 1.35 – 1.39 SGD for the month of October.

    SGD Outlook

    14-DAYLOW

    SGD to MYR - Compare & Save

    The below comparison table makes it easy to calculate the Total Cost you are being charged and the possible savings of using different FX providers.

     

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    Exchange rates available for foreign transfers and currency exchange always contain either a rate margin from the Latest SGD to MYR Exchange Rate (shown above) or a transaction fee and often both!

     

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

       
     

    How to get a good SGD to MYR Exchange Rate

    There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

    Reduce Excessive costs and fees

    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.

     

    Will the Singapore dollar rise against the Malaysian ringgit?

    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 BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

     

    View My Rates

     

    Rather than requiring you to set a target rate, our FX Alerts work differently.

    Once you add a currency pair for tracking in your watchlist we can select to be notified daily for any UP DOWN HIGH LOW alerts over a range of periods over the recent 90 days.