The comparison table above helps you see the total cost of your Maybank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Maybank Exchange Rates & Fees - Save Time & Money
Our Maybank SGD to MYR rate is 3.1728. This is -3.5% below the mid-rate.
SGD to MYR Market Data
Singapore dollar (SGD) to Malaysian ringgit (MYR) market data - latest interbank exchange rate, trend, chart & historic rates.
SGD to MYR is at 30-day lows near 3.2730, just 0.8% below its 3-month average of 3.2999, having traded in a very stable 2.2% range from 3.2697 to 3.3428
Is the SGD to MYR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Singapore dollar against the Malaysian ringgit is to review how the SGD/MYR rate has changed over time.
The table below shows the percentage change in the SGD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
SGD/MYR
Change
Period
25 Aug 2025
3.2737
0.3% ▲
2 Week
10 Jun 2025
3.2913
0.2% ▼
3 Month
08 Sep 2024
3.3279
1.3% ▼
1 Year
09 Sep 2020
3.0512
7.6% ▲
5 Year
11 Sep 2015
3.0492
7.7% ▲
10 Year
13 Sep 2005
2.2415
46.5% ▲
20 Year
SGD/MYR historic rates & change to 08-Sep-2025
SGD to MYR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
What is the
Maybank Send Money conversion rate for SGD to MYR?
The Maybank SGD to MYR exchange rate is 3.1728. This is -3.5% compared to the latest SGD-MYR mid-market rate 3.2879.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above
Maybank - Singapore dollar to Ringgit comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Maybank and other foreign exchange providers against the latest SGD-MYR mid-rate and the possible savings of using various providers.
How do Maybank SGD-MYR rates compare between providers?
The next best is XE at 3.2681, -0.6% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Maybank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.