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MYR to SGD Transfers Compared

MYR-SGD Rate Calculator

 
 
   
   
   
   
   
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Singapore can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Singapore bank accounts or pay a Singapore dollar invoice.

 
   

MYR to SGD Market Data

Malaysian ringgit (MYR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.

90-day market context

MYR to SGD at 0.3200 is just 0.7% below its 3-month average of 0.3222, having traded in a very stable 3.6% range from 0.3165 to 0.3279
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Currency Forecasts related to MYR/SGD

MYR to SGD Exchange Rate Forecast & Outlook

Currently, MYR/SGD is trading close to recent highs near 0.3213, holding near its 3-month average and within a stable range. The pair’s sideways bias reflects limited movement despite a risk-on environment.

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MYR to USD Exchange Rate Forecast & Outlook

Currently, MYR/USD is trading close to 7-day highs near 0.2522, holding near its 3-month average. The pair remains supported by domestic demand and fiscal reforms amid ongoing global risk concerns.

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USD to SGD Exchange Rate Forecast & Outlook

USD/SGD is trading close to 30-day lows near 1.2720, just below its 3-month average, supported by risk-off sentiment. The pair remains consolidating within its recent range, with safe-haven flows pressuring the US Dollar.

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MYR/SGD remains range-bound near 0.3213, with limited movement despite a risk-on environment. Expect the pair to stay within 0.3210-0.3280, influenced by global sentiment and upcoming MAS decisions. Transfer costs may vary with market shifts.

 

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 S$ 0.3218
RM 5 S$ 1.6090
RM 10 S$ 3.2180
RM 20 S$ 6.4360
RM 50 S$ 16.09
RM 100 S$ 32.18
RM 250 S$ 80.45
RM 500 S$ 160.90
RM 1,000 S$ 321.80
RM 2,000 S$ 643.60
RM 5,000 S$ 1,609
RM 10,000 S$ 3,218
RM 20,000 S$ 6,436
RM 50,000 S$ 16,090
RM 100,000 S$ 32,180
MYR SGD
RM 3.1072 S$ 1
RM 15.54 S$ 5
RM 31.07 S$ 10
RM 62.14 S$ 20
RM 155.36 S$ 50
RM 310.72 S$ 100
RM 776.80 S$ 250
RM 1,554 S$ 500
RM 3,107 S$ 1,000
RM 6,214 S$ 2,000
RM 15,536 S$ 5,000
RM 31,072 S$ 10,000
RM 62,144 S$ 20,000
RM 155,360 S$ 50,000
RM 310,720 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 0.3202 from OFX . This is -0.5% compared to the mid-market rate 0.3218.

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 0.3202, -0.5% from the latest mid-market rate 0.3218.

The next best is Wise at 0.3199, -0.59% from the mid-rate.

Among the banks the CIMB Bank rate is 0.3118 at -3.1% the OCBC Bank rate is 0.3106 at -3.5% and the Maybank rate is 0.3106 at -3.5% compared to the mid-rate 0.3218.

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.

 

View a full list of exchange rates by selecting your Base (from) currency: