SGD to MYR Exchange Rate Today
Convert Singapore Dollars to Malaysian Ringgit with live SGD/MYR rates for Johor Bahru shopping, KL travel, or Malaysia property. Southeast Asia's most traded pair.
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Mid-Market Rate
After Fees
Exchange rate: Real-time mid-market rate from OpenExchangeRates API. Transfer fees: Based on typical provider fees.Note: Providers may offer different exchange rates than the mid-market rate shown. Always check the provider's website for their actual exchange rate and final pricing before sending.
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Frequently Asked Questions
What is the current SGD to MYR exchange rate?
The Singapore Dollar to Malaysian Ringgit rate typically ranges between RM3.1-3.5 per S$1. Until 1973, SGD and MYR were equal (both called 'Malaysian dollar'). Since separation, SGD has appreciated roughly 3.5x against MYR due to Singapore's economic success, making Malaysian goods attractive for Singaporeans and driving massive cross-border shopping traffic.
Why is this rate so important regionally?
This is Southeast Asia's most watched currency pair. Over 300,000 Malaysians work in Singapore (commuting daily or weekly), millions of Singaporeans shop in Johor Bahru on weekends, and Singapore-Malaysia bilateral trade exceeds $90B annually. The causeway sees hundreds of thousands of crossings daily—this rate affects daily life for millions.
What's the best way to get Ringgit with Singapore Dollars?
Use money changers at Johor Bahru checkpoints (best rates, around RM3.40-3.45), City Square Mall in JB, or Singapore money changers in Peninsula Plaza. Avoid airport exchanges. Many Singaporeans keep ringgit at home for regular JB trips. For property purchases, use banks for large transfers and better documentation.
When should I convert SGD to MYR?
Singapore families buying Johor Bahru property benefit when SGD exceeds RM3.50, reducing S$500K investment by RM50K versus RM3.40. Singaporeans in Johor (500,000+ working/owning property in Iskandar) converting funds watch MAS quarterly NEER adjustments. Palm oil crashes weaken ringgit favorably. Difference between RM3.40 and RM3.50 equals S$14,706 on RM1.7M property—significant for Singapore professionals funding Forest City condos, Malaysian retirement homes, or cross-border investments in booming JB region minutes from Woodlands Checkpoint.
Can I use Singapore Dollars in Malaysia?
In Johor Bahru, yes—many shops accept SGD, especially near checkpoints. However, exchange rates at shops are worse than money changers (often RM3.00-3.20 vs RM3.40+). In Kuala Lumpur and beyond, use ringgit. ATMs work everywhere. For best value, always convert to ringgit first.