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Easily convert SGD to MYR with ConvertOnline's efficient tool.
The Singapore Dollar (SGD) is the official currency of Singapore, serving as a medium of exchange for goods and services within the country. It is issued by the Monetary Authority of Singapore and is subdivided into 100 cents, providing a simple structure for transactions.
The Malaysian Ringgit (MYR) is the official currency of Malaysia, symbolized by 'RM'. It is used in all financial transactions within the country and is sub-divided into 100 sen, allowing for smaller denominations in everyday purchases.