Compare Best MYR to SGD transfer rates

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.

Sell MYR → Buy SGD

1 MYR = 0.3072 SGD

1d+0.1%▲

MYR to SGD at 0.3073 is just 0.9% above its 3-month average of 0.3046, having traded in a very stable 2.3% range from 0.3013 to 0.3083

13-OCT 8PM-NY 14-OCT 1AM-LON 8AM-HK 11AM-SYD

Tracker

1 SGD = 3.2553 MYR

Is the MYR to SGD 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 Malaysian ringgit against the Singapore dollar is to review how the MYR/SGD rate has changed over time.

The table below shows the percentage change in the MYR to SGD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

Date	MYR/SGD	Change	Period
29 Sep 2025	0.3060	0.4% ▲	2 Week
15 Jul 2025	0.3028	1.4% ▲	3 Month
13 Oct 2024	0.3044	0.9% ▲	1 Year
14 Oct 2020	0.3271	6.1% ▼	5 Year
16 Oct 2015	0.3316	7.4% ▼	10 Year
18 Oct 2005	0.4492	31.6% ▼	20 Year

MYR/SGD historic rates & change to 13-Oct-2025

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$ 0.3072
RM 5	S$ 1.5360
RM 10	S$ 3.0720
RM 20	S$ 6.1440
RM 50	S$ 15.36
RM 100	S$ 30.72
RM 250	S$ 76.80
RM 500	S$ 153.60
RM 1,000	S$ 307.20
RM 2,000	S$ 614.40
RM 5,000	S$ 1,536
RM 10,000	S$ 3,072
RM 20,000	S$ 6,144
RM 50,000	S$ 15,360
RM 100,000	S$ 30,720

MYR	SGD
RM 3.2553	S$ 1
RM 16.28	S$ 5
RM 32.55	S$ 10
RM 65.11	S$ 20
RM 162.77	S$ 50
RM 325.53	S$ 100
RM 813.83	S$ 250
RM 1,628	S$ 500
RM 3,255	S$ 1,000
RM 6,511	S$ 2,000
RM 16,277	S$ 5,000
RM 32,553	S$ 10,000
RM 65,106	S$ 20,000
RM 162,765	S$ 50,000
RM 325,530	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 0.305 from Wise. This is -0.72% compared to the mid-market rate 0.3072.

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 Wise at 0.305, -0.72% from the latest mid-market rate 0.3072.

The next best is OFX at 0.3047, -0.81% from the mid-rate.

Then WorldRemit at 0.3026, which is -1.5% from the mid-rate.

Among the banks the CIMB Bank rate is 0.2977 at -3.1% the OCBC Bank rate is 0.2964 at -3.5% and the Maybank rate is 0.2964 at -3.5% compared to the mid-rate 0.3072.

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.

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