Singapore Dollar (S$) to Malaysian Ringgit (RM) Conversion
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, managed by the Monetary Authority of Singapore (MAS). Unlike most central banks, MAS conducts monetary policy through exchange rate management rather than interest rate adjustments — managing the SGD against an undisclosed basket of currencies within a policy band. Singapore's status as a leading global financial centre and trading hub makes the SGD one of Asia's most stable and internationally recognised currencies, with consistently low inflation and strong foreign reserves backing.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, managed by Bank Negara Malaysia. "Ringgit" means "jagged" in Malay, referring to the serrated edges of Spanish silver dollars that once circulated in the region. Malaysia is a significant producer and exporter of electronics, palm oil, petroleum, and rubber. The MYR was briefly pegged to the USD at 3.80 from 1998 to 2005 following the Asian financial crisis, before transitioning to a managed float.
| Singapore Dollar (S$) | Malaysian Ringgit (RM) |
|---|---|
| S$ 0.1 | RM 0.1 |
| S$ 1 | RM 1 |
| S$ 2 | RM 2 |
| S$ 3 | RM 3 |
| S$ 5 | RM 5 |
| S$ 10 | RM 10 |
| S$ 20 | RM 20 |
| S$ 30 | RM 30 |
| S$ 50 | RM 50 |
| S$ 100 | RM 100 |
| S$ 1000 | RM 1000 |