Anyone who’s tried to send money from Singapore to Myanmar quickly learns that the exchange rate isn’t a single number. Depending on whether you check Wise, Xe, or Ria Money Transfer, one Singapore dollar can be worth between 1,570 and 1,640 Myanmar kyat. This guide breaks down the real rates, compares the major transfer services, and shows you exactly what your money will become — before fees and spreads eat into it.

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Current mid-market rate (Coinbase): 1 SGD ≈ 1,622 MMK ·
100 SGD conversion: ≈ 162,200 MMK ·
Most popular transfer service: Western Union ·
Typical transfer fee range: 1–3% of amount ·
Inverse rate: 1 MMK ≈ 0.00061 SGD

Quick snapshot

1Confirmed facts
2What’s unclear
  • Exact fees for each service at time of transfer
  • Whether the rate shown by Coinbase matches the current mid-market rate
  • Future direction of the exchange rate
3Timeline signal
  • MMK fell from ~800 per USD (2012 float) to ~3,500 parallel by 2022
  • Black-market rate hit ~5,000 per USD by early 2024
  • SGD/MMK rate has fluctuated in a ~1,500–1,700 range over the past year
4What’s next
  • No reliable short-term forecast available
  • Myanmar’s sanctions and political instability continue to pressure the kyat
  • Compare live rates before every transfer
Key facts about SGD/MMK
Feature Value
Currency Pair SGD/MMK
Base Currency Singapore Dollar (SGD)
Quote Currency Myanmar Kyat (MMK)
Current Mid-Rate (Ria) 1 SGD = 1,622.99 MMK (Ria Money Transfer (remittance provider))
Inverse Rate 1 MMK ≈ 0.000616 SGD
Most Popular Transfer Service (SERP) Western Union

The table shows the official mid-rate, but the rate you actually get will be lower.

How much is $1 Singapore in Myanmar today?

Current mid-market rate for SGD to MMK

These numbers come from the services’ own converters, but they are not the rates you will actually receive. Each provider builds in a spread — sometimes as high as 3–5% — that widens the gap between the displayed mid-market rate and the rate applied to your transfer.

How to convert 1 SGD to MMK using online tools

  • Go to any currency converter (Xe, Western Union, Google) and enter “1 SGD to MMK”.
  • The tool shows a mid-market rate. Note that this is an indicative rate, not the final transfer rate.
  • Services like Western Union explicitly state that exchange rates shown are estimates and vary by payment and payout method (Western Union Singapore (remittance provider)).

The gap between mid-market and consumer rates is the hidden cost. For a 1,000 SGD transfer, a 3% spread costs you 30 SGD — money that never reaches Myanmar.

The takeaway: The advertised rate is not the received rate. Always check the final payout amount before confirming a transfer.

How much is 1 dollar in Myanmar today?

USD to MMK rate comparison

  • USD/MMK is the most watched currency pair for Myanmar. Trading Economics reported the official rate at 2,093.70 per USD on June 26, 2026 (Trading Economics (financial data provider)).
  • The gap between the official and parallel (black-market) rate has been wide. CurrencyTransfer noted that by late 2023 the parallel rate was around 3,900 per USD, and by early 2024 it reached roughly 5,000 per USD (CurrencyTransfer (foreign exchange analysis)).

USD is more widely traded than SGD in Myanmar. If you are moving a large amount, converting to USD first and then to MMK may — in some cases — yield a better final amount, though the two-step process adds its own fees.

EUR to MMK rate for completeness

  • For reference, 1 EUR recently traded around 2,300 MMK at official rates.
  • The euro is less commonly used for Myanmar transfers, but some European remittance corridors exist.

The pattern across all major currencies is the same: the rate you see on a converter is not the rate you get. Always check the final “send” rate before confirming a transfer.

What to watch

Myanmar’s parallel market rate often diverges from the official rate by 40–50%. For anyone sending money, the parallel rate is the real benchmark. If the official rate shown by your bank is far above what local exchanges offer in Yangon, you are likely overpaying.

What is the salary of a Myanmar maid in Singapore?

Typical salary range for a Myanmar domestic worker in Singapore

  • Myanmar domestic workers in Singapore earn between SGD 600 and SGD 800 per month, according to common industry practice (salary data from employment agencies).
  • At the current mid-market rate of ~1,620, a SGD 700 salary converts to about 1,134,000 MMK.
  • This sum, when sent to family in Myanmar, is often life-changing — but fees and exchange-rate markups can reduce the actual amount received by 5–10%.

For a family receiving MMK 1.1 million, losing 50,000 kyat to fees and spread is not a small cost. Comparing services becomes a tangible, monthly decision.

How salary converts to MMK

  • If you use Western Union’s SGD-to-MMK transfer, the rate applied will be lower than the mid-market figure.
  • Western Union’s Singapore-to-Myanmar page says fees and exchange rates can be checked in advance and maximum transfer amounts are shown (Western Union Singapore (remittance service)).

The implication: a domestic worker sending SGD 700 home could lose the equivalent of a day’s wages simply by choosing the wrong provider. Shopping around isn’t a luxury — it’s income.

How to convert SGD to MMK?

Using online currency converters

  • Open a converter (Xe, Google, Western Union) and select SGD as the base and MMK as the target.
  • The displayed rate is the mid-market rate.
  • Most converters offer a “send money” link that redirects you to the actual transfer page where the real rates appear.

Manual formula: Amount in MMK = Amount in SGD × Current SGD/MMK rate. Example: 100 SGD × 1,618 = 161,800 MMK.

Sending money via Western Union, Wise, or Ria

  1. Western Union: Visit the Singapore-to-Myanmar page, select SGD as send currency, enter the amount, and check the final MMK amount before confirming. Fees and rates are shown upfront (Western Union Singapore (remittance service)).
  2. Ria Money Transfer: Often shows competitive rates. RemitFinder’s comparison ranked Ria as the most competitive for SGD to MMK in one snapshot (RemitFinder (remittance comparison site)).
  3. Wise: Note that Wise’s converter page stated it could not send money between these currencies at the time of the snapshot (Wise (fintech transfer platform)). Always check current availability.
  4. DBS: Singapore’s DBS offers zero-fee same-day international transfers with tracking (DBS Singapore (bank)). Their rate for MMK may be less competitive than specialist remittance firms.

The catch: no single service wins on every metric. One may have a better rate but a higher fixed fee; another may be cheap but slow. Use a comparison table.

Five services, one pattern: the rate you see is not the rate you get. The table below compares the quoted rates, typical fees, and standout notes for each.

Service Quoted Rate (1 SGD) Typical Fee Range Notable Details
Western Union Not shown publicly; rate varies by payment method 1–3% + transfer fee Real-time rate check available on page (Western Union SG (remittance provider))
Wise 1,568.99 (mid-market, but transfers paused) 0.5–1% + conversion fee Transfers between SGD and MMK currently unavailable (Wise (fintech transfer platform))
Ria 1,622.99 (converter snapshot) 1–2% depending on amount Most competitive rate according to RemitFinder (Ria (remittance provider), RemitFinder (comparison site))
Xe 1,618.57 (mid-market) 0.5–1% Reliable converter; transfer service available with competitive rates (Xe (currency data specialist))
DBS Bank rate (not publicly listed) Zero fee on international transfers Same-day transfer; rate may include spread of 2–4% (DBS Singapore (bank))
Bottom line: What this means: Ria and Xe currently lead on rate transparency, while DBS offers fee-free convenience. But Wise’s suspension of SGD/MMK transfers is a reminder that not all services are always available.

What is the SGD to MMK exchange rate forecast?

Factors influencing SGD/MMK rate

  • Myanmar’s economy is under severe pressure from international sanctions and political instability since the 2021 coup. The kyat has lost value dramatically: in April 2012 the central bank floated it at 818 per USD, and by August 2022 the informal market rate had fallen to about 3,500 per USD (Wikipedia (community encyclopedia)).
  • In May 2024 the junta reportedly abandoned the fixed exchange rate of 2,100 per USD, but this remains unconfirmed (Wikipedia (community encyclopedia)).
  • Singapore’s monetary policy and trade flows with Myanmar also influence SGD/MMK, but the kyat’s direction is overwhelmingly driven by internal Myanmar conditions.

Historical trend summarization

  • Over the past 12–18 months, SGD/MMK has fluctuated roughly between 1,500 and 1,700, reflecting high volatility.
  • Trading Economics projected the kyat at 2,093.70 per USD by end of Q2 2026, but that is an official-rate forecast (Trading Economics (financial data provider)). The parallel rate tells a different story.

No reliable short-term forecast exists for SGD/MMK. The currency is vulnerable to political shocks, and the gap between official and black-market rates makes any single prediction suspect.

What we know and what’s uncertain

Confirmed facts

  • Multiple services (Xe, Ria, Western Union) offer SGD/MMK rates in the range of 1,618–1,623 as of recent snapshots (Xe, Ria).
  • Mid-market rate is not the transfer rate; spreads of 1–5% are common.
  • Myanmar’s kyat has lost more than 80% of its value against the USD since 2012.
  • DBS offers zero-fee international transfers from Singapore (DBS Singapore).

What’s unclear

  • The exact fees and final rates applied by each service at the moment of transfer.
  • Whether Wise will resume SGD/MMK transfers.
  • The official status of Myanmar’s exchange rate regime after May 2024.
  • Future direction of the kyat — any forecast is speculative.

“1 SGD equals 1,618.57 MMK using the current mid-market exchange rate.”

— Xe (currency data specialist), converter snapshot (source)

“Check today’s SGD to MMK exchange rate. Send SGD and your receiver will get MMK in minutes.”

— Western Union Singapore marketing page (source)

“Coinbase states 1 SGD = 1,622 MMK as the conversion rate.”

— Coinbase converter listing (referenced in content plan)

The three perspectives underline a central tension: the rate a provider advertises is often the rate you cannot actually get. Always confirm the final payout amount in MMK before hitting send.

For anyone sending money from Singapore to Myanmar, the choice is clear: compare the effective rate (after fees and spread) across at least two services — Ria and Western Union are strong starting points. The difference between the best and worst rate on a 1,000 SGD transfer can exceed 50,000 MMK. That is not pocket change; it is a week’s groceries for a family in Yangon. Check the rate, check the fee, and check the payout amount — every single time.

Related reading: 1 Singapore Dollar to INR Today: Rate & Salary Guide · 100 USD to SGD: Convert US Dollars to Singapore Dollars Rate

Additional sources

fx-rate.net, wise.com

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Frequently asked questions

What is the official currency of Singapore and Myanmar?

Singapore uses the Singapore Dollar (SGD); Myanmar uses the Myanmar Kyat (MMK).

Can I use SGD in Myanmar?

No, SGD is not accepted in Myanmar. You must exchange to MMK before spending. US dollars are informally accepted in some larger hotels and exchanges, but the kyat is the legal tender.

How often does the SGD to MMK rate change?

Mid-market rates fluctuate continuously during market hours. Consumer rates offered by remittance services may update daily or per transaction.

Is it cheaper to exchange money in Singapore or Myanmar?

Generally, exchanging in Singapore gives you better transparency and lower spreads. In Myanmar, official exchange offices offer rates close to the parallel market, but ATMs impose high foreign transaction fees.

What documents do I need to send money to Myanmar from Singapore?

You will need a valid government ID, the recipient’s full name and address in Myanmar, and in some cases a bank account number. Western Union and Ria allow cash pick-up without a bank account.

Are there any limits on transferring SGD to MMK?

Yes. Each service sets its own maximum. Western Union shows limits on the transfer page. Banks like DBS may have daily transfer caps. Myanmar’s central bank also imposes limits on incoming foreign currency.

How do I avoid high conversion fees?

Always use the mid-market rate as a benchmark and compare the total cost (exchange rate + fees) across at least two services. Avoid airport exchange counters and bank walk-in FX rates, which typically have the worst spreads.