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SGD/THB - Rate Guide

Singapore Dollar to Thai Baht exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

SGD/THB Exchange Rates and Providers Compared

This guide to the Singapore Dollar to Thai Baht exchange rate with 90-day chart & alerts, historic rates, forecasts and SGD to THB comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the SGD/THB Calculator.

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SGD/THB - 90 Day Rate Alerts

1 SGD = 22.1109 THB

NO ALERTS for SGD/THB
SGD/THB over the last 90 days

View SGD/THB - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

SGD to THB International Money Transfers

  

Foreign Transfer ProvidersReceive THB(฿)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
220,072 THB22.12S$510.63%
OFX logo
216,800 THB21.680 for BER users (normally $15)2.11%
DBS Bank logo
214,413 THB21.48183.19%
OCBC Bank International Money Transfers
OCBC Bank logo
213,345 THB21.55S$1003.67%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
212,597 THB21.34184.01%
HSBC logo
212,281 THB21.26S$154.15%
Citibank International Money Transfers
Citibank logo
210,347 THB21.06125.02%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 

TransferWise logo

TransferWise: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:22.12 (0.12% from mid-rate)
To Amount:220,072 THB
Total Cost:0.63%
Time:1:09 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

OFX logo

OFX: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:0 for BER users (normally $15)
Exchange Rate:21.68 (2.11% from mid-rate)
To Amount:216,800 THB
Total Cost:2.11%
Difference:
3,272 THB less than using TransferWise
Time:
Rate Fetched: Mon Sep 23 2019 00:14:37 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

DBS Bank logo

DBS Bank: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:18
Exchange Rate:21.48 (3.01% from mid-rate)
To Amount:214,413 THB
Total Cost:3.19%
Difference:
5,659 THB less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

OCBC Bank logo

OCBC Bank: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:S$100 SGD (1%)
Exchange Rate:21.55 (2.7% from mid-rate)
To Amount:213,345 THB
Total Cost:3.67%
Difference:
6,727 THB less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:18
Exchange Rate:21.3 (3.82% from mid-rate)
To Amount:212,597 THB
Total Cost:4.01%
Difference:
7,475 THB less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

HSBC logo

HSBC: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:S$15 SGD (.15%)
Exchange Rate:21.26 (4.01% from mid-rate)
To Amount:212,281 THB
Total Cost:4.15%
Difference:
7,791 THB less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:12
Exchange Rate:21.06 (4.91% from mid-rate)
To Amount:210,347 THB
Total Cost:5.02%
Difference:
9,725 THB less than using TransferWise
Time:1:09 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

WorldRemit logo

WorldRemit: Foreign Transfer SGD→THB
From Amount:10,000 SGD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

SGD / THB converter & margin calculator

S$SGD
฿THB
mid-rates

Compare how much you can save on SGD/THB exchange rates for:

Foreign Transfers

Foreign Transfers Travel Money

Singapore Dollar

Thai Baht

1 SGD 22.11 THB
5 SGD 110.55 THB
10 SGD 221.11 THB
20 SGD 442.22 THB
50 SGD 1,105.55 THB
100 SGD 2,211.09 THB
250 SGD 5,527.73 THB
500 SGD 11,055.45 THB
1,000 SGD 22,110.90 THB
2,000 SGD 44,221.80 THB
5,000 SGD 110,554.50 THB
10,000 SGD 221,109.00 THB
50,000 SGD 1,105,545.00 THB
100,000 SGD 2,211,090.00 THB
See more

Singapore Dollar

Thai Baht

0.0452 SGD 1 THB
0.2261 SGD 5 THB
0.4523 SGD 10 THB
0.9045 SGD 20 THB
2.2614 SGD 50 THB
4.5227 SGD 100 THB
11.31 SGD 250 THB
22.61 SGD 500 THB
45.23 SGD 1,000 THB
90.45 SGD 2,000 THB
226.14 SGD 5,000 THB
452.27 SGD 10,000 THB
2,261.35 SGD 50,000 THB
4,522.70 SGD 100,000 THB
See more
Country Guides (SGD & THB)
SingaporeSingapore (SGD)ThailandThailand (THB)

SGD/THB - Historical Trends

This table shows historic rates and trends of Singapore Dollar to Thai Baht over periods upto 10 years.

PeriodChange*SGD/THBDate
7 Day+0.4%22.047213 Sep 2019
30 Day-0.5%22.250121 Aug 2019
3 Month-2.3%22.667722 Jun 2019
1 Year-6.6%23.707520 Sep 2018
5 Year-13.1%25.464821 Sep 2014
10 Year-7%23.807522 Sep 2009

*For period to 20-Sep 21UTC when SGD/THB was 22.1402

You can use our SGD interactive charts to check SGDTHB historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

SGD and THB in the Markets

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)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been 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.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. Approaching mid-year, 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 is 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.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

Why can't I just get the SGD/THB market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the SGD / THB was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all SGD Exchange Rates