Convert Singapore Dollar to Malaysian Ringgit
Please provide values below to convert Singapore Dollar [SGD] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Singapore Dollar.
How to Convert Singapore Dollar to Malaysian Ringgit
1 SGD = 0.302429455972019 MYR
Example: convert 15 SGD to MYR:
15 SGD = 15 × 0.302429455972019 MYR = 4.53644183958028 MYR
Singapore Dollar to Malaysian Ringgit Conversion Table
Singapore Dollar | Malaysian Ringgit |
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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.
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.