Compare today's SGD to MYR (Singapore Dollar to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 SGD = 3.1839 MYR
Updated about an hour ago
Found 15 Remittance Service Providers
1000 SGD =
3 192.20 MYR
Transfer Limit (SGD): 50 - 6000
Locked-In Rate1 SGD = 3.1922 MYR
📢 Special exchange rate applied for first transfer
1000 SGD =
3 185.00 MYR
Transfer Limit (SGD): 1 - 20000
Locked-In Rate1 SGD = 3.1850 MYR
1000 SGD =
3 183.30 MYR
Transfer Limit (SGD): No Limits
Locked-In Rate1 SGD = 3.1833 MYR
1000 SGD =
3 182.00 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1820 MYR
1000 SGD =
3 179.60 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1796 MYR
1000 SGD =
3 177.90 MYR
Transfer Limit (SGD): No Limits
Locked-In Rate1 SGD = 3.1779 MYR
1000 SGD =
3 177.20 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1772 MYR
1000 SGD =
3 172.90 MYR
Transfer Limit (SGD): 1 - 1000000
Locked-In Rate1 SGD = 3.1729 MYR
1000 SGD =
3 164.50 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1645 MYR
📢 B2B transfers only
1000 SGD =
3 154.20 MYR
Transfer Limit (SGD): No Limits
Locked-In Rate1 SGD = 3.1542 MYR
1000 SGD =
3 151.10 MYR
Transfer Limit (SGD): 0 - 30000
Indicative Rate1 SGD = 3.1511 MYR
1000 SGD =
3 150.20 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1502 MYR
📢 B2B transfers only
1000 SGD =
3 142.50 MYR
Transfer Limit (SGD): 0 - 20000
Locked-In Rate1 SGD = 3.1425 MYR
📢 Special exchange rate applied for first transfer
1000 SGD =
3 121.00 MYR
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 3.1210 MYR
📢 New! Cash pickup available
1000 SGD =
3 093.60 MYR
Transfer Limit (SGD): 3.01 - 15050
Locked-In Rate1 SGD = 3.0936 MYR
1 Remit Service Providers did not match the search criteria.
1000 SGD =
3 182.00 MYR
Transfer Limit (SGD): 8593.5 - No Limit
Indicative Rate1 SGD = 3.1820 MYR
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
All you need to know about Singapore Dollar to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from Singapore to Malaysia. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
When making a money transfer to Malaysia from Singapore, we currently have 15 remittance service providers available.
Panda Remit currently offers the most competitive rate for sending money to Malaysia and their 1 SGD to MYR exchange rate today is 3.1922.
The next best Singapore Dollar to Malaysian Ringgit exchange rate today for money transfers to Malaysia is offered by Ria Money Transfer (1 SGD = 3.1850 MYR).
Instarem and Regency FX are amongst other competitive providers to consider for Singapore to Malaysia money transfers.
Were you looking to send money from Malaysia to Singapore instead?
Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.
If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.
Latest SGD to MYR Conversion Rates
Here are some latest SGD to MYR (Singapore Dollar to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 SGD | 3.18 MYR |
| 5 SGD | 15.92 MYR |
| 10 SGD | 31.84 MYR |
| 25 SGD | 79.60 MYR |
| 50 SGD | 159.20 MYR |
| 100 SGD | 318.39 MYR |
| 150 SGD | 477.59 MYR |
| 200 SGD | 636.78 MYR |
| 250 SGD | 795.98 MYR |
| 300 SGD | 955.17 MYR |
| 400 SGD | 1,273.56 MYR |
| 500 SGD | 1,591.95 MYR |
| 600 SGD | 1,910.34 MYR |
| 700 SGD | 2,228.73 MYR |
| 800 SGD | 2,547.12 MYR |
| 1,000 SGD | 3,183.90 MYR |
| 1,500 SGD | 4,775.85 MYR |
| 2,000 SGD | 6,367.80 MYR |
| 2,500 SGD | 7,959.75 MYR |
| 3,000 SGD | 9,551.70 MYR |
| 4,000 SGD | 12,735.60 MYR |
| 5,000 SGD | 15,919.50 MYR |
| 10,000 SGD | 31,839.00 MYR |
| 15,000 SGD | 47,758.50 MYR |
| 20,000 SGD | 63,678.00 MYR |
| 30,000 SGD | 95,517.00 MYR |
| 40,000 SGD | 127,356.00 MYR |
| 50,000 SGD | 159,195.00 MYR |
| 100,000 SGD | 318,390.00 MYR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Singapore to Malaysia?
Sending money internationally to Malaysia from Singapore can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Singapore Dollar to MYR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malaysia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malaysian Ringgit.
How to get the best exchange rate for sending money from Singapore to Malaysia?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Malaysia.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Singapore to Malaysia transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your SGD to Malaysian Ringgit money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money to Malaysia from Singapore?
Finding the cheapest way to send money from Singapore to Malaysia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer SGD to MYR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Singapore to Malaysia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money to Malaysia from Singapore through a bank?
We do not recommend using your local bank in Singapore for your next SGD to MYR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Singapore to Malaysia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MYR to Malaysia. These companies will let you use your local bank account in Singapore to pay for your Malaysia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Singapore to Malaysia fast?
The speed of your Singapore Dollar to Malaysian Ringgit funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert SGD to MYR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Malaysia from Singapore is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malaysia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MYR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Singapore bank to Malaysia bank transfer.
Which are the best money transfer companies to send money to Malaysia from Singapore?
The first step in selecting the best money transfer operators for Singapore to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Singapore Dollar to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.
Step by step guide to send money from Singapore to Malaysia
With so many possible ways to transfer Singapore Dollar to Malaysian Ringgit, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.Once you have picked the right company for your Singapore to Malaysia remittance transaction, you can follow the below step by step procedure.
- Create an account at your chosen operator.
- You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
- Add bank accounts for both the sender in Singapore and the receiver in Malaysia. Using bank deposits can be the cheapest option to send money.
- Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
- At this point, you are pretty much done, and the operator will take it on from here.
- Watch out for updates from the operator on the progress of your transaction.