Convert Malaysian Ringgit to Singapore Dollar
Please provide values below to convert Malaysian Ringgit [MYR] to Singapore Dollar [SGD], or Convert Singapore Dollar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Singapore Dollar
1 MYR = 3.30655622411503 SGD
Example: convert 15 MYR to SGD:
15 MYR = 15 × 3.30655622411503 SGD = 49.5983433617254 SGD
Malaysian Ringgit to Singapore Dollar Conversion Table
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.