Convert Malaysian Ringgit to Singapore Dollar
Convert Malaysian Ringgit (MYR) to Singapore Dollar (SGD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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About Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia. The word "ringgit" means "jagged" in Malay, describing the milled or serrated edges of old Spanish silver dollars that once circulated in the region. Bank Negara Malaysia manages monetary policy. Malaysia has one of Southeast Asia's most diversified and developed economies, with major exports including electronics, petroleum products, palm oil, rubber, and liquefied natural gas. Malaysia is the world's second largest producer of palm oil.
About Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.
Quick Reference Table
| Malaysian Ringgit (MYR) | Singapore Dollar (SGD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).