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SGD SGD MYR MYR ⚡ Popular Rate as of2026-05-17

SGD to MYR Converter.

Current rate

1 SGD = 3.36 MYR as of 2026-05-17. SGD/MYR is one of the highest-volume cross-border pairs in Southeast Asia thanks to 400,000+ Malaysians commuting daily to work in Singapore via the Johor-Singapore Causeway and Second Link — the world's busiest land border crossing. Malaysians earn SGD wages worth 3.36x more in MYR terms, creating a huge structural arbitrage. The pair also matters for Singapore tourism flows to Penang, Langkawi and KL.

💱

SGDMYR Converter

S$
🇸🇬 SGD 1.00 = 🇲🇾
MYR 3.36
Rate: 1 SGD = 3.3600 MYR
Common conversions
🇸🇬 SGD🇲🇾 MYR
SGD 1.00MYR 3.36
SGD 10.00MYR 33.60
SGD 100.00MYR 336.00
SGD 500.00MYR 1,680.00
SGD 1,000.00MYR 3,360.00
SGD 5,000.00MYR 16,800.00
SGD 10,000.00MYR 33,600.00
SGD 50,000.00MYR 168,000.00
SGD 100,000.00MYR 336,000.00
✨ Mid-market rate · as of 2026-05-17 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

SGD trend over time.

Today
3.36
1 SGD = MYR
1 year ago
3.28
↑ 2.4% in 12 months
5 years ago
3.1
↑ 8.4% in 5 years
🔢 Quick reference

SGD to MYR conversion table.

Common Singapore Dollar amounts converted to Malaysian Ringgit at today's rate of 1 SGD = 3.36 MYR. The reverse holds too: 1 MYR = 0.2976 SGD.

SGD → MYR
1 SGD 3.36 MYR
5 SGD 16.8 MYR
10 SGD 33.6 MYR
25 SGD 84 MYR
50 SGD 168 MYR
100 SGD 336 MYR
500 SGD 1,680 MYR
1,000 SGD 3,360 MYR
5,000 SGD 16,800 MYR
10,000 SGD 33,600 MYR
MYR → SGD
1 MYR 0.2976 SGD
5 MYR 1.49 SGD
10 MYR 2.98 SGD
25 MYR 7.44 SGD
50 MYR 14.88 SGD
100 MYR 29.76 SGD
500 MYR 148.81 SGD
1,000 MYR 297.62 SGD
5,000 MYR 1,488 SGD
10,000 MYR 2,976 SGD
💡 About this corridor

Why people convert SGD to MYR.

The SGD/MYR corridor is driven mostly by Singapore PR and tech worker remittances. On the Malaysian Ringgit side, demand comes from Malaysia diaspora remittances, palm oil trade, and travel. Because both sides see steady two-way flow, SGD/MYR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the Singapore Dollar has moved up 2.4% against the Malaysian Ringgit, and over five years it has strengthened about 8.4% (from 3.1 to 3.36). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Malaysian Ringgit you receive by a meaningful margin.

Getting the best SGD → MYR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large SGD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-17 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

SGD to MYR FAQ.

Who converts SGD to MYR?
Malaysian workers commuting to Singapore from Johor Bahru (over 300,000 daily crossings) converting wages to spend in Malaysia, Singaporean tourists visiting Malaysia for weekends (Penang, KL, Genting Highlands), Singaporean property buyers in Iskandar and KL, and Singapore-based Malaysian families sending money home.
Best way to send SGD to MYR?
Wise leads with 0.3-0.5% spread to Maybank, CIMB and Public Bank accounts, often settling instantly. Singapore's PayNow integration with Malaysia's DuitNow (launched 2023) enables instant cross-border QR-based transfers. Revolut, Instarem and MoneyMatch (Malaysian fintech) all compete fiercely. Western Union and bank wires are now uncompetitive on this corridor.
Why do so many Malaysians work in Singapore?
Singapore wages are roughly 3-4x higher than equivalent Malaysian wages in absolute terms, and the SGD/MYR rate amplifies this further. A Singapore admin role paying SGD 3,000/month yields MYR 10,000+ per month — well above Malaysian professional salaries. The Causeway sees over 300,000 daily crossings, making it the busiest land border in the world.