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.
1000 SGD =
3,219.06MYR
1 MYR = 0.3106 SGD
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Compare money transfer service fees for the best rates
SGD to MYR conversion table
Common amounts at the current mid-market rate of 1 SGD = 3.22 MYR.
Mid-market rate — the midpoint banks trade at, before any provider adds a margin. What you actually receive is below.
What you actually get for 1,000 SGD
Nobody converts at the mid-market rate. At 1 SGD = 3.22 MYR, a perfect conversion of 1,000 SGD would be 3,219 MYR. Here is what 8 services would really send, fee and exchange-rate margin included.
On 1,000 SGD, the gap between the best and worst option here is 137.70 MYR — the same money, converted on the same day. That difference is the fee plus the margin each service builds into its rate, and it is the only part of this page you can do anything about. How exchange-rate markups work.
Typical pricing for a bank-funded transfer, not a live quote — promotional offers and payment method can change it. Check the provider before sending. Rows marked est. use the provider's general figure, and SGD est. one measured for SGD sends but not for MYR specifically. Neither is ranked cheapest.
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 a day, so 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. The difference between RM3.40 and RM3.50 equals S$14,706 on RM1.7M of property, a significant sum 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.
Popular MYR Currency Pairs
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