The comparison table above helps you see the total cost of your 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.
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MYR to SGD Market Data
Malaysian ringgit (MYR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
MYR to SGD is at 7-day highs near 0.3041, just 0.8% above its 3-month average of 0.3017, having traded in a very stable 3.3% range from 0.2971 to 0.3068
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
23 May 2025
0.3042
0.2% ▼
2 Week
08 Mar 2025
0.3015
0.7% ▲
3 Month
06 Jun 2024
0.2866
5.9% ▲
1 Year
07 Jun 2020
0.3260
6.9% ▼
5 Year
09 Jun 2015
0.3607
15.8% ▼
10 Year
11 Jun 2005
0.4391
30.9% ▼
20 Year
MYR/SGD historic rates & change to 06-Jun-2025
Recent forecasts suggest a nuanced outlook for the SGD to MYR exchange rate. The Singapore dollar remains stable within 3.2484 to 3.3358, but mixed domestic indicators pose challenges. Meanwhile, the Malaysian ringgit shows strength due to positive economic sentiment and oil price influences. FX analysts note that MYR gains may depend on sustained improvements in the regional economy and oil recovery. 10-Mar
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 * :
The standard OFX MYR-SGD rate is 0.3009448, -1.2% from the mid-rate. Visit OFX here to secure the better rate.
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.