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SGD to THB - Compare Rates

Singapore Dollar to Thai Baht exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

SGD THB live spot rate

1 SGD = 22.87 THB

Sell SGD / Buy THB 


Singapore Dollar to Thai Baht - Trend & Alerts

SGDTHB at 22.89 is near its 90-DAY average, range 22.6-23.16.
🔔 SGDTHB is at 30-DAY LOWS.
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Alert:30-DAY LOWS |
 
 

Comparing SGD THB Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Singapore Dollar to Thai Baht - Quick Conversions

SGD THB
S$ 1 ฿ 22.87
S$ 5 ฿ 114.35
S$ 10 ฿ 228.70
S$ 20 ฿ 457.40
S$ 50 ฿ 1,144
S$ 100 ฿ 2,287
S$ 250 ฿ 5,718
S$ 500 ฿ 11,435
S$ 1,000 ฿ 22,870
S$ 2,000 ฿ 45,740
S$ 5,000 ฿ 114,350
S$ 10,000 ฿ 228,700
S$ 50,000 ฿ 1,143,500
S$ 100,000 ฿ 2,287,000
More amounts
SGD THB
S$ 0.0437 ฿ 1
S$ 0.2186 ฿ 5
S$ 0.4372 ฿ 10
S$ 0.8744 ฿ 20
S$ 2.1860 ฿ 50
S$ 4.3719 ฿ 100
S$ 10.93 ฿ 250
S$ 21.86 ฿ 500
S$ 43.72 ฿ 1,000
S$ 87.44 ฿ 2,000
S$ 218.60 ฿ 5,000
S$ 437.19 ฿ 10,000
S$ 2,186 ฿ 50,000
S$ 4,372 ฿ 100,000
More amounts

To calculate other SGD/THB FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate SGD to THB .

Country Guides - Thai Baht

 
ThailandThailand (THB)
   

Singapore Dollar - Thai Baht Forecasting

When determining the best time to make a foreign exchange transaction, in this case the SGD vs THB, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

At the end of March, Singapore's central bank eased its monetary policy, as widely expected, with the city-state's bellwether economy bracing for a deep recession due to the coronavirus pandemic.

The MAS said it would adopt a zero percent per annum rate of appreciation of the policy band starting at the prevailing level, currently slightly below the mid-point of the policy band.

The markets viewed this annoucement as showing the MAS has kept some fire-power in reserve and could intervene again to lower the SGD.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of the year if the coronavirus comes under control.

Overall, it was a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

Read more in the article SGD Forecasts.

 

Thai Baht (THB)

The Thai Baht has risen 4% so far this year against the US dollar due to greenback weakness, this won't help with the hoped for tourism lead recovery of the Thai economy post virus.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

In 2018 tourism contributed around 20 percent of Thailand's total GDP, so the dramatic impact to tourism from the coronavirus pandemic is expected to plunge Thailand into a recession.

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht has previously being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

 

 

How to get Best SGD to THB Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

 

Will SGD rise or fall against THB?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Singapore Dollar vs Thai Baht current value is to look the SGD/THB historic rate and change over a range of periods.

The following table looks at the change in the SGD to THB exchange rate over periods from the previous week back to the last 10 years.

SGD/THB rateChangePeriod
20 Oct 2020 : 23.01360.3% ▼1 Week
27 Sep 2020 : 22.96000.1% ▼30 Days
29 Jul 2020 : 22.86600.3% ▲90 Days
28 Oct 2019 : 22.19703.4% ▲1 Year
29 Oct 2015 : 25.41899.7% ▼5 Years
30 Oct 2010 : 23.08770.6% ▼10 Years

SGD/THB 10 year historic rates & change to 27-Oct-2020 : 22.9458

 

When is the best time to exchange SGD to THB?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts