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SGD to 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/Card transactions as shown below.

 

1 SGD = 22.78 THB

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SGD to THB - Trading Range (90 Day)
ALERT: 14-DAY HIGHS 🔔 |
SGD/THB at 22.7 was trading 1.4% above the 90-day average 22.39 with a range 21.82 to 22.9. ALERT: SGD/THB has risen to 14-DAY HIGHS.
25-FEB 5PM-NY 10PM-LON | 26-Feb 9AM-SYD

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Quick Conversions from Singapore Dollar to Thai Baht

SGD

THB

S$ 1
฿ 22.78
S$ 5
฿ 113.90
S$ 10
฿ 227.80
S$ 20
฿ 455.60
S$ 50
฿ 1,139
S$ 100
฿ 2,278
S$ 250
฿ 5,695
S$ 500
฿ 11,390
S$ 1,000
฿ 22,780
S$ 2,000
฿ 45,560
S$ 5,000
฿ 113,900
S$ 10,000
฿ 227,800
S$ 50,000
฿ 1,139,000
S$ 100,000
฿ 2,278,000
More amounts

SGD

THB

S$ 0.0439
฿ 1
S$ 0.2195
฿ 5
S$ 0.4390
฿ 10
S$ 0.8780
฿ 20
S$ 2.1950
฿ 50
S$ 4.3899
฿ 100
S$ 10.97
฿ 250
S$ 21.95
฿ 500
S$ 43.90
฿ 1,000
S$ 87.80
฿ 2,000
S$ 219.50
฿ 5,000
S$ 438.99
฿ 10,000
S$ 2,195
฿ 50,000
S$ 4,390
฿ 100,000
More amounts

To calculate specific SGD/THB amounts use our Convert SGD to THB quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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
225,842 ฿22.7S$510.63%
OFX logo
222,200 ฿22.220 for BER users (normally $15)2.23%
DBS Bank logo
219,704 ฿22.01183.33%
OCBC Bank International Money Transfers
OCBC Bank logo
218,889 ฿22.11S$1003.69%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
217,952 ฿21.88184.1%
HSBC logo
217,573 ฿21.79S$154.27%
Citibank International Money Transfers
Citibank logo
215,641 ฿21.59125.12%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:22.7 (0.12% from mid-rate)
To Amount (THB)225,842 ฿
Total Cost:0.63%
Time:1:12 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:22.22 (2.23% from mid-rate)
To Amount (THB)222,200 ฿
Total Cost:2.23%
Difference:
฿3,642 THB less than using TransferWise
Time:
Rate Fetched: Wed Feb 26 2020 00:14:38 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 (SGD)S$10,000
Fee:18
Exchange Rate:22.01 (3.15% from mid-rate)
To Amount (THB)219,704 ฿
Total Cost:3.33%
Difference:
฿6,138 THB less than using TransferWise
Time:1:12 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 (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:22.11 (2.71% from mid-rate)
To Amount (THB)218,889 ฿
Total Cost:3.69%
Difference:
฿6,953 THB less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:21.83 (3.95% from mid-rate)
To Amount (THB)217,952 ฿
Total Cost:4.1%
Difference:
฿7,890 THB less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:21.79 (4.12% from mid-rate)
To Amount (THB)217,573 ฿
Total Cost:4.27%
Difference:
฿8,269 THB less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:21.59 (5% from mid-rate)
To Amount (THB)215,641 ฿
Total Cost:5.12%
Difference:
฿10,201 THB less than using TransferWise
Time:1:12 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→THB
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/26/2020 - View latest rates
 

Country Guides (SGD & THB)

SingaporeSingapore (SGD)ThailandThailand (THB)

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. 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 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.


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.

What is a good SGD to THB exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to THB exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/THBDate
1 Day+0.3%22.620524 Feb 2020
7 Day+1.3%22.405918 Feb 2020
30 Day+0.3%22.625726 Jan 2020
3 Month+2.5%22.137727 Nov 2019
1 Year-2.1%23.178225 Feb 2019
5 Year-5%23.886126 Feb 2015
10 Year-3.5%23.516427 Feb 2010

*For period to 25-Feb 21UTC when SGD/THB was 22.6932

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 myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates