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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.

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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 · 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
❓ 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.