Understanding the Table:
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’.
Malaysian ringgit (MYR) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.
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 |
|---|---|---|---|
02 Jun 2025 | 0.3019 | 0.1% ▲ | 2 Week |
18 Mar 2025 | 0.2995 | 0.9% ▲ | 3 Month |
16 Jun 2024 | 0.2868 | 5.4% ▲ | 1 Year |
17 Jun 2020 | 0.3256 | 7.2% ▼ | 5 Year |
19 Jun 2015 | 0.3571 | 15.3% ▼ | 10 Year |
21 Jun 2005 | 0.4401 | 31.3% ▼ | 20 Year |
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$ 301.30 |
| RM 5,000 | S$ 1,507 |
| RM 20,000 | S$ 6,026 |
| RM 100,000 | S$ 30,130 |
| MYR | SGD |
|---|---|
| RM 3,319 | S$ 1,000 |
| RM 16,593 | S$ 5,000 |
| RM 66,372 | S$ 20,000 |
| RM 331,860 | 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.
The Maybank MYR to SGD exchange rate is 0.2908. This is -3.5% compared to the latest MYR-SGD mid-market rate 0.3013.
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 Maybank - Ringgit to Singapore dollar 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 MYR-SGD mid-rate and the possible savings of using various 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 0.2998, -0.5% from the latest mid-market rate 0.3013.
The next best is Wise at 0.2992, -0.7% from the mid-rate.
Then WorldRemit at 0.2968, which is -1.5% from the mid-rate.
Among the banks the CIMB Bank rate is 0.292 at -3.1% the OCBC Bank rate is 0.2908 at -3.5% and the Maybank rate is 0.2908 at -3.5% compared to the mid-rate 0.3013.
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.
Recent forecasts for the MYR to SGD exchange rate reflect a challenging outlook amid rising geopolitical tensions and trade tariffs.
The exchange rate forecast for the Malaysian Ringgit (MYR) against the U.S.
The USD to SGD exchange rate has shown notable volatility recently, with the US dollar (USD) experiencing significant pressure due to ongoing trade tensions and...
View a full list of exchange rates by selecting your Base (from) currency: