Understanding the Table:
The comparison table above helps you see the total cost of your PayPal 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’.
The PayPal SGD to MYR exchange rate is 3.1181. This is -5.6% compared to the latest SGD-MYR mid-market rate 3.3023.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above PayPal - Singapore dollar to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by PayPal and other foreign exchange providers against the latest SGD-MYR mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best SGD to MYR exchange rate is 3.2858 from OFX, -0.5% from the mid-market rate 3.3023. The next best rate is 3.2825 from XE, -0.6% from the mid-rate. Then Wise with 3.2825 is -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 3.1247 at -5.4% the OCBC Bank rate is 3.2131 at -2.7% and the Maybank rate is 3.1867 at -3.5% compared to the mid-rate 3.3023.
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.
The exchange rate forecasts for the SGD to USD have been significantly influenced by recent geopolitical developments, particularly the imposition of a 10% tariff...
The USD to MYR exchange rate shows a complex interplay of factors affecting both currencies.
View a full list of exchange rates by selecting your Base (from) currency:
