Singapore Dollar (SGD) and Malaysian Ringgit (MYR) Exchange Rate
While there are occasional tensions between Singapore and Malaysia, Singaporeans and Malaysians travel across the causeway frequently. For Singaporeans, they usually travel to Johor Bahru for shopping. Due to the low cost of living and favourable Sing$/Ringgit exchange rate, the purchases they make in Johor Bahru can often shave 50% of what they would had spent in Singapore.
Singapore Dollar to Malaysian Ringgit Exchange Rate
In recent times, there has also been more cases of Singaporeans residing in Johor Bahru due to the favourable exchange rates.
Malaysians are not so fortunate (more…)
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