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Best Exchange Rates

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SGD to THB - Compare Exchange Rates

Singapore Dollar to Thai Baht - Convert Compare Save

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 and Travel Money transactions as shown below.

 

Compare SGD/THB Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from SGD to THB. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive THB(฿)Exchange RateFee SGDTotal CostTransfer ServicesTransfer SpeedDeal Links
 
WorldFirst logo
230,900 THB23.0900.41%Bank Transfers - Online & Phone1-2 days
 
TransferWise logo
230,618 THB23.18$510.53%Bank Transfers - Online1-2 days
 
OFX logo
227,800 THB22.7801.74%Bank Transfers - Online & Phone1-2 days
DBS Bank logo
225,194 THB22.56182.87%Online, Branch, Bank Transfers2-3 days
OCBC Bank International Money Transfers
OCBC Bank logo
223,344 THB22.56$1003.67%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
223,134 THB22.4183.76%Online, Branch, Bank Transfers2-3 days
HSBC logo
222,965 THB22.33$153.83%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
221,034 THB22.13124.66%Online, Branch, Bank Transfers2-3 days
 
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
WorldFirst: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:
Exchange Rate:23.09 (0.41% from mid-rate)
THB amount:230,900 THB
Total Cost:0.41%
Time:1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
TransferWise: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:$51 SGD (0.5% + $1)
Exchange Rate:23.18 (0.02% from mid-rate)
THB amount:230,618 THB
Total Cost:0.53%
Difference:
282 THB less than using WorldFirst
Time:1:08 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online
Rating:
 
: 4.6/5.0
Reviews:
 
OFX: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:0
Exchange Rate:22.78 (1.74% from mid-rate)
THB amount:227,800 THB
Total Cost:1.74%
Difference:
3,100 THB less than using WorldFirst
Time:
Rate Fetched: Sat Feb 23 2019 00:14:07 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
DBS Bank: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:22.56 (2.69% from mid-rate)
THB amount:225,194 THB
Total Cost:2.87%
Difference:
5,706 THB less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
OCBC Bank: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:$100 SGD (1%)
Exchange Rate:22.56 (2.69% from mid-rate)
THB amount:223,344 THB
Total Cost:3.67%
Difference:
7,556 THB less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo

Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:18
Exchange Rate:22.38 (3.47% from mid-rate)
THB amount:223,134 THB
Total Cost:3.76%
Difference:
7,766 THB less than using WorldFirst
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
HSBC: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:$15 SGD (.15%)
Exchange Rate:22.33 (3.68% from mid-rate)
THB amount:222,965 THB
Total Cost:3.83%
Difference:
7,935 THB less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Citibank: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:12
Exchange Rate:22.13 (4.55% from mid-rate)
THB amount:221,034 THB
Total Cost:4.66%
Difference:
9,866 THB less than using WorldFirst
Time:1:08 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
WorldRemit: Foreign Transfer SGD→THB
SGD amount:$10,000 SGD
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

SGD to THB mid-rate = 23.1826

Right now the SGD/THB market mid-rate is 23.1826 and represents ideally how many Thai Baht you can get for one Singapore Dollar.

This SGD/THB Converter calculates equivalent Singapore Dollar to Thai Baht amounts at the market mid-rate:

SGD / THB mid-rate converter


$SGD


฿THB
1 Singapore Dollar equals
23.1826 Thai Baht

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

Foreign Transfers

 
 
1 Week SGD to THB Chart
Loading SGD/THB rates

Singapore Dollar

Thai Baht

1 SGD 23.18 THB
5 SGD 115.91 THB
10 SGD 231.83 THB
20 SGD 463.65 THB
50 SGD 1,159.13 THB
100 SGD 2,318.26 THB
250 SGD 5,795.65 THB
500 SGD 11,591.30 THB
1,000 SGD 23,182.60 THB
2,000 SGD 46,365.20 THB
5,000 SGD 115,913.00 THB
10,000 SGD 231,826.00 THB
50,000 SGD 1,159,130.00 THB
100,000 SGD 2,318,260.00 THB
See more

Singapore Dollar

Thai Baht

0.0431 SGD 1 THB
0.2157 SGD 5 THB
0.4314 SGD 10 THB
0.8627 SGD 20 THB
2.1568 SGD 50 THB
4.3136 SGD 100 THB
10.78 SGD 250 THB
21.57 SGD 500 THB
43.14 SGD 1,000 THB
86.27 SGD 2,000 THB
215.68 SGD 5,000 THB
431.36 SGD 10,000 THB
2,156.80 SGD 50,000 THB
4,313.60 SGD 100,000 THB
See more

THB Country Guides
ThailandThailand

Singapore Dollar to Thai Baht (SGD-THB) - 10 Year History

The below table shows the historic variation in the SGD/THB exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of SGD versus other currencies : SGD historical charts.

DateExchange RatePeriodChange
22 Feb 201923.1959Latest
15 Feb 201923.04211 Week+0.67%
23 Jan 201923.33541 Month-0.6%
26 Aug 201823.86686 Months-2.81%
22 Feb 201823.85551 Year-2.76%
22 Feb 201724.74572 Years-6.26%
23 Feb 201425.66165 Years-9.61%
24 Feb 200923.366210 Years-0.73%

Why can't I just get the SGD/THB market rate I see on Google or in the Media?

The SGD/THB mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the SGD / THB was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market SGD/THB midrate the better deal you are getting.

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

The three things you need in order to get a good SGD to THB exchange rate

  1. Know the latest SGD/THB market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Singapore Dollar and Thai Baht

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the SGD vs THB, you should pay attention to both Singapore Dollar and Thai Baht news and forecasts.

Singapore Dollar (SGD) - Market news and forecasts

22-February-2019: 2018 was a steady year for the Singapore dollar: on balance it gained value, but it did lose out slightly against the world’s reserve currency, the US dollar.

2019 has begun reasonably well. Entering the final week of February, SGD was a percent higher year-to-date versus USD, but at US$0.74 was in line with its 2018 average rate. SGD was 2 percent higher year-to-date against EUR at a 9-month closing high of €0.653 — 4 percent higher than 2018’s average.

Against AUD, in February, SGD was unchanged year-to-date but was 4.5 percent higher than last year's average, at A$1.038. During a flash crash on January 3rd, SGD/AUD briefly traded at a 10-year high of A$1.088.

With Singapore being a small, trade-dependent country, prime risks to SGD for 2019 include the re-emergence of trade tensions between China and the US, and/or a serious global economic slowdown.

Traders, though, were happy to bet against the above risks and on SGD appreciation at the time of this report: a Reuters survey in February showed “long” SGD positions among bank traders rising to the highest level in 10 months.

Thai Baht (THB) - Market news and forecasts

26-January-19: 2018 was a great year for the baht, with gains of 0.7 percent, 5.6 percent and 11.7 percent against the US dollar, euro and Australian dollar respectively.

2019, too, has begun with a bang. By late January, the baht had strengthened further to reach a 9-month high against the US dollar, at ฿31.51, and nearly a 4-year high against the euro, at ฿32.92. The baht was trading against the Australian dollar at levels last seen in 2009, in the mid-฿22s!

The baht has been well supported since the Bank of Thailand finally commenced with the process of monetary policy normalisation in December, in which the Bank raised its benchmark interest rate for the first time since 2011, from a near-record low.

The chairman of the Federation of Thai Capital Market Organisations predicted in January that the baht would continue to appreciate over the medium to long term as capital flows return to Thailand in the face of a more gradual rise in US interest rates.

Currency News and Forecasts

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