MYR/SGD: what to know
The MYR/SGD rate shows how much SGD you get for 1 MYR. Right now, 1 MYR buys 0.3130 SGD at the mid-market rate. In the other direction, 1 SGD is worth 3.1950 MYR.
In the short term MYR is driven mainly by commodity prices and regional demand, while SGD responds to the MAS-managed currency basket.
The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Your bank, card issuer or exchange office may use a different rate and charge fees. Compare the final amount after the charges disclosed for your offer.