SGD/MYR: what to know
The SGD/MYR rate shows how much MYR you get for 1 SGD. Right now, 1 SGD buys 3.1927 MYR at the mid-market rate. In the other direction, 1 MYR is worth 0.3132 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while MYR responds to commodity prices and regional demand.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
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.