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Understanding the Table:
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.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Singapore dollar (SGD) to Malaysian ringgit (MYR) 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 Singapore dollar against the Malaysian ringgit is to review how the SGD/MYR rate has changed over time.
The table below shows the percentage change in the SGD to MYR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | SGD/MYR | Change | Period |
|---|---|---|---|
02 Jul 2025 | 3.3225 | 0.4% ▼ | 2 Week |
17 Apr 2025 | 3.3626 | 1.6% ▼ | 3 Month |
16 Jul 2024 | 3.4790 | 4.9% ▼ | 1 Year |
17 Jul 2020 | 3.0658 | 7.9% ▲ | 5 Year |
19 Jul 2015 | 2.7809 | 19% ▲ | 10 Year |
21 Jul 2005 | 2.2956 | 44.1% ▲ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Singapore dollar are worth in Malaysian ringgit across a range of amounts.
This gives a quick view of what you’d get when converting different SGD amounts at today’s rate * :
| SGD | MYR |
|---|---|
| S$ 1,000 | RM 3,307 |
| S$ 5,000 | RM 16,534 |
| S$ 20,000 | RM 66,134 |
| S$ 100,000 | RM 330,670 |
| SGD | MYR |
|---|---|
| S$ 302.40 | RM 1,000 |
| S$ 1,512 | RM 5,000 |
| S$ 6,048 | RM 20,000 |
| S$ 30,240 | RM 100,000 |
More amounts
*Converted at the current SGD-MYR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
When planning a mid-range stay in Malaysia for one week, a traveler should budget approximately MYR 3,500 to MYR 5,000 (around USD 750 to USD 1,100). This should cover your accommodation, meals, transport, and activities while allowing for some leisure spending. Typical daily expenses can help paint a clearer picture: a meal at a local restaurant (MYR 15-25 🍜), a cup of coffee (MYR 8-15 ☕), a public transport fare (MYR 1-3 🚆), a prepaid SIM card (MYR 30-50 📱), and a budget hotel or Airbnb (MYR 100-200 🛏️). Overall, Malaysia is considered quite affordable compared to many countries, especially the United States and the UK, where similar expenses could easily be 50-100% higher. In comparison, your travel experience could be cheaper here than in Australia, where food and accommodation are generally pricier.
Expats settling in Malaysia should anticipate typical monthly living costs around MYR 4,500 to MYR 8,000, depending on lifestyle choices and location within the country. To maintain a smooth financial routine, it’s advisable to use a mix of local banking services and online solutions. While local banks facilitate daily transactions, using international cards from well-known providers (Visa, Mastercard) is usually supported, but be cautious of foreign transaction fees. When it comes to sending and receiving money internationally, services like Wise or OFX often provide better rates and lower fees than exchanging cash at local banks or exchange centers. Therefore, for day-to-day expenses, using local currency strategically will help you save, while leveraging online services can be advantageous for larger transfers and international payments to keep your finances streamlined.
View a full list of exchange rates by selecting your Base (from) currency:
