Planning a trip to Malaysia? 🇲🇾

Before you book that massage, stuff your face with nasi lemak, or shop till you drop, you’ll want to check the latest SGD to MYR rate today – and know how to get the best bang for your Singapore Dollar. 

⚠️ Important Update (November 2025): The ringgit has strengthened significantly against major currencies, meaning Singaporeans now get less MYR per SGD compared to earlier in 2025.

In this guide, we cover:

• The latest SGD to MYR exchange rates
• Historical trends & 2025 forecast
• Where to get the best SGD to MYR rates
• Smart tips for saving more using YouTrip

📌 TL;DR – Quick Overview

Topic	Details
SGD to MYR rate today	1 SGD = ~3.177 MYR (as of 12 Nov 2025)
Best SGD to MYR rate in recent years	~3.56 MYR (Early 2024)
Recent trend (Nov 2025)	Ringgit expected to remain strong in the near term
Best ways to exchange	YouTrip card (real-time mid-market rates, no fees)
Where to change SGD to MYR	The Arcade, Lucky Plaza, Mustafa Centre, YouTrip

📚 Table of Contents:

1. Current SGD to MYR Rate Today
2. SGD to MYR Chart: 5-Year Historical Trends
   • Highest SGD to MYR Rate in Recent History
3. SGD to MYR Forecast (2025)
   • Key influencing factors
4. Best Places to Exchange SGD to MYR in Singapore
5. Best Way to Convert SGD to MYR
6. How to Use YouTrip for the Best Rates
7. How to pay in Malaysia?
8. FAQ: SGD to MYR Exchange

Current SGD to MYR Rate Today

As of Tuesday, 12 Nov 2025, the SGD to MYR exchange rate is:

🟣 S$1 = 3.177 MYR 

This marks a +3.68% increase over the past 5 years, and a total gain of +0.2267 MYR since 2020.

However, the ringgit has strengthened considerably in recent months. Back in July 2025, S$1 could fetch 3.3081 MYR – but it’s now down to 3.177 MYR – a drop of about 4% for SGD holders.

According to Prime Minister Anwar Ibrahim, Malaysia’s ringgit has become Asia’s best-performing currency, now trading at RM4.16 per USD, its strongest level in 13 months.

Why the change?

• MYR has emerged as Asia’s best-performing currency in November 2025
• Positive sovereign credit ratings from S&P Global (A-) and Moody’s (A3)
• Strong economic performance with Malaysia’s GDP expanding over 5% in Q3 2025
• The ringgit strengthened to 1 USD = 4.16 MYR, its best level in 13 months

👉 Tip: Use real-time rate checkers like Google, XE, or the YouTrip app. Money changers typically offer rates slightly lower than the mid-market rate.

SGD to MYR Chart: 5-Year Historical Trends

Here’s what the 5-year chart (2020–2025) reveals:

• 📈 Lowest point: Just above 3.02 MYR in early 2020
• 📈 Steady rise: Gradual increase from 2021 to 2023
• 🚀 Peak rate: ~3.56 MYR per SGD in early 2024
• 📉 Correction phase: Mid-2024 dip, MYR started recovering
• 📊 Early 2025 trend: Stabilised around 3.30 MYR–3.31 MYR in July 2025
• 🟣 Current trend: 3.177 MYR currently – the MYR’s strongest level in over a year.

💡 For Singaporean Travellers:

Even though the stronger ringgit means you get slightly less MYR per SGD now, Malaysia still remains one of the most affordable and value-for-money destinations for Singaporeans — from food trips in JB to getaways in KL and Penang.

Highest SGD to MYR Rate in Recent History

Here’s when SGD hit its best MYR exchange values:

• Early 2024: Peaked at ~3.56 MYR per SGD — highest in the last decade
• Late 2023: Rates rose steadily before crossing 3.50 MYR
• July 2025: 3.3081 MYR, slightly lower but still strong

💡 Pro Trip: If rates approach 3.50+ MYR again, that’s your cue to exchange. For now, anything above 3.30 MYR is a great rate for conversion.

SGD to MYR Forecast (Late 2025)

What to expect for SGD/MYR:

Given the ringgit’s strong momentum and positive economic indicators:

• Near-term outlook: Ringgit likely to maintain strength, with SGD to MYR potentially staying around 3.15-3.20 range

Key influencing factors to watch:

• Monetary policies: Monetary Authority of Singapore (MAS) & Bank Negara Malaysia (BNM) decisions
• Economic performance: GDP growth, inflation rates in both countries
• Global trends: USD strength, oil prices, regional developments
• Malaysia’s domestic policies: Continued implementation of Madani Economic Policy

✅ Planning tip: While rates are less favourable than early 2024, Malaysia still offers excellent value. Consider using fee-free payment methods like YouTrip to maximise every ringgit!

Best Places to Exchange SGD to MYR in Singapore

Want physical cash? These are the top-rated money changers for SGD to MYR:

Location	Description
The Arcade @ Raffles Place — Arcade Money Changers, S&C Exchange	Popular spot with high volume and decent exchange rates
Lucky Plaza @ Orchard	Reliable for SEA currency rates
People’s Park Complex @ Chinatown	High traffic and good bargaining power
Mustafa Centre @ Little India	24/7 exchange and decent rates
YouTrip Multi-Currency Card 🟣	Competitive real-time wholesale exchange rates with no hidden fees or markups. 24/7 access via app.

💡 Pro Tip: With the ringgit stronger than before, every cent counts! Use the YouTrip app to compare live exchange rates and avoid overpaying at money changers.

Best Way to Convert SGD to MYR — Use YouTrip

Looking for the best SGD to MYR exchange rate with zero fees? The YouTrip card is hands-down one of the best options for travellers going to Malaysia.

YouTrip gives you:

• Wholesale Exchange rates (a.k.a. real-time exchange rates that are very close to the rates published on Google, XE.com, and other financial sites)
  
• No foreign transaction fees or bank charges
  
• *Free withdrawals up to S$400/month (*A 2% fee is imposed thereafter)
  
• Instant exchange with SmartExchange™
  
• Mastercard Calculator integration

🎯 Whether you’re paying by card, tapping to ride, or withdrawing MYR at ATMs — YouTrip ensures you get the best SGD to MYR exchange rate without markups.

How to Use YouTrip for the Best Rates

In a nutshell, YouTrip works to “unpinch” your wallet — so you don’t need to worry about losing money from exchange rate margins. 

1. Simply top up SGD in your YouTrip app
2. Tap ‘Exchange’ > Select ‘MYR’
3. Lock in your rate and start spending instantly with the best SGD to MYR rates!

💡 Need cash? Withdraw Malaysian Ringgit directly from ATMs in Malaysia using your YouTrip card! Read our guide on ATM withdrawals in Malaysia here. 🏧

How to Pay in Malaysia?

Paying in Malaysia is super easy for tourists! While cash was a dominant mode of payment pre-pandemic, Malaysia has rapidly adopted many forms of digital and contactless payments in recent years. Here are some recommended payment methods:

Payment Method	Usage
💳 Debit/Credit Cards	Cards by issuers like Mastercard and Visa are widely accepted in urban areas.
🟪 YouTrip Card	Great for cashless, fee-free travel with competitive exchange rates.
📱 Mobile Wallets	Touch ‘n Go, GrabPay – scan-and-pay convenience
💵 Cash	Still useful for rural areas or small vendors

FAQ: SGD to MYR Exchange

✅ Q1: What’s the best SGD to MYR exchange rate today?
As of 12 November 2025: 1 SGD = 3.177 MYR

✅ Q2: Why did the SGD to MYR rate drop?
The Malaysian ringgit has strengthened significantly, becoming Asia’s best-performing currency in November 2025. This means SGD holders now get less MYR per dollar compared to earlier in 2025.

✅ Q3: Where can I exchange SGD to MYR in Singapore?
Try The Arcade, Lucky Plaza, People’s Park Complex, Mustafa, or use YouTrip for better rates.

✅ Q4: What’s the best way to get SGD to MYR without fees?
Use the YouTrip card — enjoy real-time rates with zero markup or FX fees.

✅ Q5: Is the SGD to MYR rate expected to improve for Singaporeans?
Given Malaysia’s strong economic performance and positive outlook, the ringgit is likely to maintain its strength in the near term. The rate may fluctuate around 3.15-3.20 MYR per SGD.

✅ Q6: Is Malaysia still affordable for Singaporeans?
Yes! Despite the stronger ringgit, Malaysia remains one of the most affordable destinations for Singaporeans. Using fee-free payment methods like YouTrip helps maximise your spending power.

Get the best Malaysian Ringgit rates with YouTrip!

And just like that, you’re ready to travel across the causeway and enjoy savings with the best rates! Whether it’s Malaysia or Japan, don’t forget to take your YouTrip card with you on your next holiday to make full use of our wholesale exchange rates (i.e. no pesky bank fees!). 

Sign up now with <YTBLOG5> to get your complimentary YouTrip card and FREE S$5 in your account! 💜

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And while you’re at it, why not join the conversation with thousands of #YouTroopers in our very own Community Telegram Group @YouTripSquad? Get tips and tricks to everything YouTrip including exclusive invites to exciting events and experiences, & be part of the #YouTripSquad! 💜

Stay safe, and happy travels!

🇲🇾 More On Malaysia: 

• Make The Most Of Your Touch ‘n Go eWallet In Malaysia
• Train to JB Guide (2025): How To Travel From Singapore To JB In 5 Minutes
• Car Rental JB Guide For Singaporeans 2025: Everything You Need to Know
• 15 best JB hotels from S$46/night
• 25 Trendy JB Cafes To Visit Right Now 2025
• 27 things to do in JB on your weekend getaway
• JB Food Guide 2025: 20 Places To Eat In Johor Bahru
• Durian JB Guide 2025: Best Durian Stalls and Buffets In Johor
• 15 Things To Do In The Mall, Mid Valley Southkey JB (2025)
• 15 Things To Do In Komtar JBCC (2025)
• 15 Things To Do In Paradigm Mall JB (2025)
• 15 Things To Do In Sutera Mall JB (2025)
• How to send money from Singapore to Malaysia
• 12 fun things to do in KL, Malaysia
• Kota Kinabalu Travel Guide (2025): Top Things To Do, Hotels & More

More currency exchange guides! 🤑

• How to get the best SGD to KRW rates 🇰🇷
• How to get the best SGD to CNY rates 🇨🇳
• How to get the best SGD to THB rates 🇹🇭
• How to get the best SGD to USD rates 🇺🇸
• How to get the best SGD to JPY rates 🇯🇵
• How to get the best SGD to NZD rates 🇳🇿

_{*All currency conversion rates are accurate to the nearest 10 cents on 16 June 2022 SGT 3.30 PM. Bank card prices are calculated based on 3.25% foreign currency transaction fee.}