Wondering when’s a good time to visit Malaysia? 🇲🇾 Here’s our guide to securing the best SGD to MYR rate so you get to make the most out of every Malaysian Ringgit!

Whether you’re dreaming of sparkling beaches, a relaxing massage, or mouth-watering street food, Malaysia has something for every traveller. As of April 2025, the SGD to MYR rate is hovering around S$1 to 3.32 MYR.

So what does this mean for you? It’s not a bad time to plan that cross-border getaway and make the most of every Ringgit! Let us guide you on tips to snagging the best MYR exchange rates for an unforgettable trip to Malaysia ✨

SGD vs Malaysian Ringgit: How’s It Going?

First of all, let’s break down this exchange rate chart! As you can see, the SGD to MYR exchange rate stands at 1 SGD = 3.3161 MYR as of April 2025. Over the past 5 years, the exchange rate has increased by +0.2887 MYR, marking a 9.54% rise.

After a prolonged period of depreciation, the Malaysian Ringgit has shown signs of recovery in the past year. 📈 The Ringgit hit an all-time low of S$1 to 3.57 MYR in February 2024 (the lowest it’s been since the 1998 Asian financial crisis), before it started strengthening gradually against the Singapore Dollar, bringing it closer to the 3.30 range in 2025.

While the SGD has slightly weakened from its highest point, it remains historically strong against the MYR – making Malaysia a fun, affordable, and convenient destination for Singaporeans. Whether you’re looking to road trip across the causeway for midnight supper runs or retail therapy, now’s a great time to make the most of your Singapore Dollar!

💡 Planning a trip to Malaysia? Now’s a pretty good time to exchange your SGD for MYR. To enjoy the best rates with no hidden fees, pay with a multi-currency card like YouTrip when travelling to Malaysia! 🇲🇾

How can I use YouTrip to enjoy the best Malaysian Ringgit rates?

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

• ✅  Simply top up your desired amount of SGD and we’ll do all the work for you with Smart Exchange™!
• ✅  To check out the latest rates, use the Mastercard Calculator (remember to include ‘0’ under bank fees!) before you spend.
• ✅ And that’s it, you’re ready to start spending in Malaysia with the best SGD to MYR rates!

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:

• Debit and credit cards: Cards by issuers like Mastercard and Visa are commonly accepted in malls, restaurants, and hotels.
• Prepaid cards: Prepaid travel cards like YouTrip are accepted wherever card payments are accepted, and can help you avoid high foreign transaction fees! 🤓
• Mobile wallets: E-wallets like Touch ‘n Go eWallet and GrabPay are accepted in many places nowadays, including small restaurants and stores. Look out for payment QR codes at the cashier – most would work when you scan with the Touch ‘n Go or Grab app 📱
• Cash: Depending on where you’re travelling to, some rural areas and smaller vendors in Malaysia still prefer cash. Bring a small amount for emergencies and small purchases.

💡 In need of cash when in Malaysia? You can easily withdraw Malaysian Ringgit at ATMs in Malaysia with your YouTrip card! Read our guide on ATM withdrawals in Malaysia here. 🏧

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! 💜

For more great tips and guides like this, join our Telegram and subscribe to our free weekly newsletter here or down below.

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
• Top 13 Malacca hotels from S$33/night
• 15 best JB hotels from S$46/night
• How to send money from Singapore to Malaysia
• 12 fun things to do in KL, Malaysia
• 23 trendy JB cafes to visit right now (2025 guide)
• 27 things to do in JB on your weekend getaway

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.}