MYR to SGD Market Data
Malaysian ringgit (MYR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
📊 Quick forecast view
Near-term bias: 🔴 Mild downside
Expected range: 0.3220 – 0.3280
Dominant driver: 🌍 Global risk sentiment
3-month trend: ⚪ Range-bound
90-day market context
Currency Forecasts related to MYR/SGD
MYR to SGD Exchange Rate Forecast & Outlook
Currently, MYR/SGD is trading near recent highs, supported by a risk-off environment and a stable rate differential. The pair remains within its recent 4.4% trading range, indicating limited directional movement.
MYR to USD Exchange Rate Forecast & Outlook
Currently, MYR/USD is trading close to recent lows near 0.2538, holding near its 90-day average. The pair is being pressured by risk-off sentiment driven by safe-haven flows into USD amid Middle East tensions.
USD to SGD Exchange Rate Forecast & Outlook
USD/SGD is trading close to its 3-month average at around 1.2775, supported by USD resilience driven by US economic data and geopolitical tensions in the Middle East.
MYR to SGD 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 Malaysian ringgit are worth in Singapore dollar across a range of amounts.
This gives a quick view of what you’d get when converting different MYR amounts at today’s rate * :
| MYR | SGD |
|---|---|
| RM 1,000 | S$ 322.50 |
| RM 5,000 | S$ 1,613 |
| RM 20,000 | S$ 6,450 |
| RM 100,000 | S$ 32,250 |
| MYR | SGD |
|---|---|
| RM 3,101 | S$ 1,000 |
| RM 15,505 | S$ 5,000 |
| RM 62,020 | S$ 20,000 |
| RM 310,100 | S$ 100,000 |
More amounts
*Converted at the current MYR-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the best Send Money conversion rate for MYR to SGD?
The best MYR to SGD exchange rate is 0.3209 from OFX . This is -0.5% compared to the mid-market rate 0.3225.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Malaysian ringgit (MYR) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above Ringgit to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest MYR-SGD mid-rate and the possible savings of using various providers.
How do MYR-SGD rates compare between providers?
Looking at the full MYR to SGD - Send Money comparison table the provider with the best MYR to SGD exchange rate is OFX at 0.3209, -0.5% from the latest mid-market rate 0.3225.
The next best is Wise at 0.3205, -0.62% from the mid-rate.
Among the banks the CIMB Bank rate is 0.3125 at -3.1% the OCBC Bank rate is 0.3112 at -3.5% and the Maybank rate is 0.3112 at -3.5% compared to the mid-rate 0.3225.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.
