Why convert back ? Do you need the money urgently ? Don't you have other active and passive sources of income currently ?

If I am reading your posting correctly, you want to convert back the SGD into RM in order to purchase local passive income instrumnts, right ? How much of the SGD are we talking about here ?

If you have a strong conviction of wanting to start diversifying your investment to another country, you can always start NOW. The amount of SGD that you have in-hand may not be sufficient to purchase stocks, but with a few hundred SGD in-hand, you can use this amount as your maiden sum to be put into a bank account in Sgp.

You won't earn any interest from there, and you can't move your money out, but at least you would have established a bank account in Singapore with this amount. Following that, you can start to top-up your Singapore bank account gradually by converting your 'other' RM into the SGD and depositing it into your Singapore bank account.

I know,... the amount does not seem justifiable for all this exercise, but having a bank account in Singapore will open up a whole lot of other opportunities for you later on in life. You will definitely not regret it. Never wrong with the SGD !

Read the other postings in this thread about 'not putting all your eggs into one basket', here meaning into one country: Malaysia.

Start somewhere in this overseas investment adventure,.. it is never too early to start.