SGD to MYR: ringgit rate and card costs
Convert Singapore dollars to Malaysian ringgit (RM) and MYR to SGD at the ECB reference rate, then see what each card would charge you for the same ringgit spend.
Converter
1 SGD = 3.1956 MYR · RM1 = S$0.313
Reference rate as of 23 Oct 2026 (ECB via Frankfurter). Updated once per business day. Not a live trading rate.
Card networks and money changers apply their own rates and margins. The table below estimates what each card charges.
What you’d pay by card for RM1,500
Change the amount in the converter above. Each figure is an estimate for a single in-store purchase in MYR.
Ranked by estimated net SGD cost after card FX fee and rewards (miles at 2.0¢). Ties: alphabetical by issuer.
Cards marked [Affiliate] earn SGfi a referral commission if you apply through these links. Ranking is not influenced by this.
Card FX fees and earn rates as published by issuers, verified 23 Oct 2026.
Miles valued at 2.0¢ per mile (SGfi default). Cashback counts at face value.Change
Miles cards are ranked by projected miles × this value. Cashback is always face value.
Preset values are derived from the SGfi Miles Value Index — the same Saver-award and cash-fare data used across the site. Adjust to match how you redeem.
- At reference rate, no feeReference point, not a cardS$469.40CostS$469.40
- ChargedS$484.65Rewards earned1,163 miles ≈ S$23.262.4 mpdNet cost S$461.39Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earned1,066 miles ≈ S$21.322.2 mpd
Overseas retail purchases, in-store or online
Net cost S$463.33Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earned1,066 miles ≈ S$21.322.2 mpd
Charges converted to SGD at the terminal (DCC) earn the local rate of 1.3 mpd
Net cost S$463.33Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earned1,017 miles ≈ S$20.362.1 mpdNet cost S$464.30Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
- ChargedS$485.82Rewards earned971 miles ≈ S$19.432 mpdNet cost S$466.39Fees · min incomeS$196.20 annual feeS$30,000 min income3.5% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earned581 miles ≈ S$11.631.2 mpd
Separate 18,000-mile voucher for S$10,000 foreign spend; qualifying period ends 31 Oct 2026
Net cost S$473.02Fees · min incomeS$397.85 annual feeMin income not stated3.25% FX fee - ChargedS$484.65Rewards earned581 miles ≈ S$11.631.2 mpd
In-store overseas rate; online spend follows a separate rate and cap
Net cost S$473.02Fees · min incomeS$196.20 annual feeS$80,000 min income3.25% FX fee - ChargedS$484.65Rewards earned581 miles ≈ S$11.631.2 mpd
Overseas dining 2.4 mpd needs S$1,000 of Singapore Airlines spend a year
Net cost S$473.02Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$485.82Rewards earned485 miles ≈ S$9.723 mpdMin spend S$2,000/month (1 mpd below)Below min spend S$2,000
Promotional rate the bank can withdraw; no end date published
Net cost S$476.11Fees · min incomeS$599.50 annual feeS$30,000 min income3.5% FX fee - ChargedS$484.65Rewards earnedS$8.241.7% cashback
Promotional 2% on physical-card contactless payments until 31 Jan 2027 not counted here
Net cost S$476.41Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$7.751.6% cashbackNet cost S$476.90Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earnedS$7.751.6% cashbackNet cost S$476.90Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earnedS$7.272.5% cashbackMin spend over S$2,000/month (1.5% below)Cap S$2,800 spend/month (0% above)Not above min spend S$2,000
2.5% when monthly spend is more than S$2,000; total cashback capped at S$70 per month
Net cost S$477.38Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$485.82Rewards earnedS$7.291.5% cashbackNet cost S$478.54Fees · min incomeS$196.20 annual feeS$30,000 min income3.5% FX feeApply[Affiliate]
- ChargedS$483.48Rewards earnedS$4.832% cashbackMin spend S$2,000/month (1% below)Below min spend S$2,000Net cost S$478.64Fees · min incomeS$0 annual feeS$120,000 min income3% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earned193 miles ≈ S$3.880.4 mpd
4 mpd only at department, clothing, shoe and luggage stores, up to S$1,000 spend per statement month
Net cost S$480.77Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earned193 miles ≈ S$3.880.4 mpd
4 mpd only on contactless or online spend in eligible categories, up to S$1,000 spend per month · Higher tier linked to an HSBC Everyday Global Account balance not modelled
Net cost S$480.77Fees · min incomeS$0 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earned193 miles ≈ S$3.880.4 mpd
4 mpd only if the spend falls in your chosen bonus category, bonus up to S$1,000 spend per month
Net cost S$480.77Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earned193 miles ≈ S$3.884 mpdMin spend S$1,000/month (0.4 mpd below)Cap S$1,200 spend/month (0.4 mpd above)Below min spend S$1,000
Minimum spend counts foreign-currency spend in the statement period
Net cost S$480.77Fees · min incomeS$218 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$483.48Rewards earnedS$0.970.2% cashback
10% only in five bonus categories (e.g. overseas supermarkets) with S$800 monthly spend; capped at S$20 per category, S$100 in total
Net cost S$482.51Fees · min incomeS$0 annual feeS$30,000 min income3% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$1.450.3% cashbackNet cost S$483.20Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
- ChargedS$484.65Rewards earnedS$1.455% cashbackMin spend S$500/month (0.3% below)Shared SMRT$600 cashback cap per card yearBelow min spend S$500
MYR promotion ends 28 Feb 2027 · Charges converted to SGD at the terminal (DCC) are excluded
Net cost S$483.20Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$1.453.55% cashbackMin spend S$800/month (0.3% below)Cap S$1,538.46 spend/month (0.3% above)Below min spend S$800
In-store spend only · Extra 3.25% capped at S$50 cashback per month
Net cost S$483.20Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeClosed to new applications
- ChargedS$484.65Rewards earnedS$1.450.3% cashback
5% on dining, shopping and entertainment needs S$600 spend in each month of the quarter; S$250 cashback cap per quarter
Net cost S$483.20Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$1.4510% cashbackMin spend S$800/month (0.3% below)Cap S$206.19 spend/month (0.3% above)Below min spend S$800
In-store MYR spend · Bonus capped at Daily$20 (S$20) per month
Net cost S$483.20Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$485.82Rewards earnedS$2.431% cashbackMin spend S$1,500/month (0.5% below)Below min spend S$1,500Net cost S$483.40Fees · min incomeS$99.19 annual feeS$30,000 min income3.5% FX fee
- ChargedS$484.65Rewards earnedS$1.210.25% cashback
yuu bonus rates apply to Singapore merchants only
Net cost S$483.44Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$1.210.25% cashback
Overseas dining 5%, groceries and transport 3%, petrol 6% with S$800 monthly spend; S$80 monthly cashback cap (S$160 at S$1,600)
Net cost S$483.44Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$0.970.2% cashback
Dining and groceries 6%, petrol 8% worldwide with S$800+ statement spend; S$80 monthly cashback cap
Net cost S$483.68Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate] - ChargedS$484.65Rewards earnedS$0.150.03% cashback
Quarterly cashback (S$60 / S$100 / S$200) needs S$600 / S$1,000 / S$2,000 spend and 10 transactions in each month of a quarter; a single month earns no quarterly cashback
Net cost S$484.51Fees · min incomeS$196.20 annual feeS$30,000 min income3.25% FX feeApply[Affiliate]
These figures are estimates based on the amount and mile value you entered. They are not a quote from any bank or card network, and the SGD that posts to your statement can differ.
- The foreign amount is converted at the ECB reference rate. Card networks (Visa, Mastercard) apply their own daily rates, which can differ from the ECB reference rate.
- FX fees are as published by each issuer as of 23 Oct 2026, applied to the converted amount.
- The purchase is a single in-store transaction, and it is the only foreign-currency spend on the card this month. A minimum-spend threshold is tested against this amount alone.
- Rewards are earned on the SGD charged, including the FX fee, and miles are valued at the cents-per-mile figure you set.
- Rewards are subject to issuer exclusions, caps, merchant category (MCC) rules and promotional periods, which can change or end.
- Other spend on the card in the same month, which can move a card past a minimum spend or into a cap.
- Dynamic currency conversion, cash advances, ATM fees, merchant surcharges and annual-fee waivers.
- Welcome offers and rewards on spend outside this one transaction.
Data last refreshed: reference rate 23 Oct 2026 (ECB via Frankfurter) · card terms 23 Oct 2026 (issuer T&Cs and fee schedules).
Quick conversion table
At the reference rate for 23 Oct 2026, before any card fee or money-changer margin.
| MYR | SGD |
|---|---|
| RM1 | S$0.313 |
| RM5 | S$1.56 |
| RM10 | S$3.13 |
| RM20 | S$6.26 |
| RM50 | S$15.65 |
| RM100 | S$31.29 |
| RM200 | S$62.59 |
| RM500 | S$156.47 |
| RM1,000 | S$312.93 |
| RM5,000 | S$1,564.65 |
| SGD | MYR |
|---|---|
| S$1 | RM3.20 |
| S$5 | RM15.98 |
| S$10 | RM31.96 |
| S$20 | RM63.91 |
| S$50 | RM159.78 |
| S$100 | RM319.56 |
| S$200 | RM639.12 |
| S$500 | RM1,597.80 |
| S$1,000 | RM3,195.60 |
| S$5,000 | RM15,978.00 |
SGD/MYR over the last 90 days
- 90-day low
- 3.1634
- 31 Aug 2026
- 90-day high
- 3.2215
- 09 Sep 2026
- Average
- 3.1901
- 65 ECB fixes
Spending ringgit from Singapore
Ringgit spending from Singapore usually comes in two shapes. One is the short trip across the Causeway to Johor, often repeated, made up of many small bills for meals, groceries and fuel. The other is a longer holiday further north, in Kuala Lumpur or Penang, where hotel stays push single transactions much higher. The card table above is built for one amount in one statement month, so it fits the second pattern more closely than the first.
A foreign-currency fee is a percentage, so it costs the same proportion on a RM15 lunch as on a RM1,500 hotel bill. What changes with transaction size is the reward side. A bonus rate gated by a monthly minimum spend is easy to reach with one large hotel charge and harder to reach with a few small purchases spread across separate trips. If your ringgit spending is a string of small amounts, enter the monthly total rather than a single bill to see how the minimum-spend and cap notes change.
Card or cash is mainly a question of where the conversion margin sits. A card adds a published fee on top of the network’s conversion rate. A money changer quotes a buy or sell rate with its margin already built in, so there is no separate fee line to compare. Checking a changer’s quoted rate against the reference rate on this page shows that margin, which you can set against the fee percentages in the table.
Cash earns no rewards and has no purchase protection, while a card charge can be disputed with the issuer. Cardholder agreements also price cash advances separately from purchases, with their own fee and interest, so withdrawing ringgit from a credit card at an ATM is costed differently and is not part of the table.
Paying in SGD abroad: dynamic currency conversion
Dynamic currency conversion (DCC) is when a terminal, ATM or checkout page offers to charge you in Singapore dollars instead of the local currency. If you accept, the merchant’s payment provider converts the amount at a rate it sets, with its own margin built in, and the card network’s conversion is skipped.
Paying in MYR instead leaves a single conversion with the card network, followed by your issuer’s published foreign-currency fee. With DCC, the merchant’s margin replaces the network rate, and some issuers still apply a fee to SGD transactions processed outside Singapore, so the total can carry two layers of cost instead of one.
Declining it at a terminal in Malaysia:
- When the screen shows two amounts, one in SGD and one in MYR, select the MYR amount.
- If the cashier selects for you, ask for the charge in MYR before you tap or enter your PIN.
- On a printed slip, check that the currency is MYR and that no conversion rate or markup line appears.
- Online, choose the local-currency price where a checkout offers a currency switch.
Common questions
How much is 1 SGD in MYR today?
At the ECB reference rate for 23 Oct 2026, 1 SGD = 3.1956 MYR, so RM1 is about S$0.31. This is a reference midpoint published once per business day; a money changer or card network quotes its own rate.
How much is RM1,500 in SGD?
RM1,500 converts to about S$469.40 at the reference rate for 23 Oct 2026. On a card, the issuer’s FX fee is added to that, and any rewards offset part of it. The table above shows the net figure for each card.
Is it cheaper to be charged in SGD or MYR by card in Malaysia?
Paying in MYR leaves the conversion to the card network and adds the issuer’s published FX fee. For the cards SGfi has verified, issuer fees run from 3% to 3.5%. Choosing SGD at a Malaysian terminal hands the conversion to the merchant’s provider, which sets its own rate and margin, and some issuers still apply a fee to SGD charges processed outside Singapore. Both quotes can be checked against the reference rate on this page.
Which fees apply when I pay by card in Malaysia?
Up to three layers. Visa and Mastercard each convert at their own daily rate, which can differ from the ECB reference rate. The issuer then adds its foreign-currency transaction fee. For the cards SGfi has verified, issuer fees run from 3% to 3.5%. A merchant may also add a card surcharge, which is part of the ringgit amount and is converted with it.
How has SGD to MYR moved over the last 90 days?
Over the 90 days to 23 Oct 2026, 1 SGD ranged from 3.1634 MYR (31 Aug 2026) to 3.2215 MYR (09 Sep 2026), averaging 3.1901 MYR (ECB via Frankfurter). Past movements are not indicative of future rates.
Related
Rates: ECB euro reference rates via Frankfurter, SGD cross rates derived from EUR fixes. Card terms: issuer T&Cs and fee schedules.