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SGD to THB - Best Rates Guide

We review Singapore Dollar to Thai Baht latest & historic FX rates along with recent SGD/THB Trend and Alerts.

 

Best SGD to THB Rate

1 SGD = 22.58 THB
LATEST SGD/THB MID-MARKET The mid-market rate is the best possible exchange rate available. Read more RATE

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SGDTHB at 22.55 is near its 90-DAY average, range 22.37-23.05.
🔔 SGDTHB is at 14-DAY LOWS.
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Alert:14-DAY LOWS |
 
SGD to THB - Trends & Alerts

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Comparing SGD to 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 SGD/THB rate ( interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for SGD to THB International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.

 
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Singapore Dollar to Thai Baht - Quick Conversions

SGD THB
S$ 1 ฿ 22.58
S$ 5 ฿ 112.90
S$ 10 ฿ 225.80
S$ 20 ฿ 451.60
S$ 50 ฿ 1,129
S$ 100 ฿ 2,258
S$ 250 ฿ 5,645
S$ 500 ฿ 11,290
S$ 1,000 ฿ 22,580
S$ 2,000 ฿ 45,160
S$ 5,000 ฿ 112,900
S$ 10,000 ฿ 225,800
S$ 50,000 ฿ 1,129,000
S$ 100,000 ฿ 2,258,000
More amounts
SGD THB
S$ 0.0443 ฿ 1
S$ 0.2214 ฿ 5
S$ 0.4428 ฿ 10
S$ 0.8857 ฿ 20
S$ 2.2142 ฿ 50
S$ 4.4283 ฿ 100
S$ 11.07 ฿ 250
S$ 22.14 ฿ 500
S$ 44.28 ฿ 1,000
S$ 88.57 ฿ 2,000
S$ 221.42 ฿ 5,000
S$ 442.83 ฿ 10,000
S$ 2,214 ฿ 50,000
S$ 4,428 ฿ 100,000
More amounts

Calculate other SGD/THB amounts (from or to) at mid-market with our SGD to THB Calculator .

Singapore Dollar and Thai Baht - Market News

 

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)

Overall, it was a poor to mixed 2020 for the Singapore dollar, with a 9 percent drop against the euro and 8 percent versus the Australian dollar, but small gains (2 percent) against the US dollar and steady to the pound.

Get more details in the article Singapore Dollar 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.

   

Country Guides - Thai Baht

 
ThailandThailand (THB)
     

How to get Good SGD to THB Exchange Rates

There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.

Reduce Excessive costs and fees

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 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/THBChangePeriod
22.6163
15 Jan 2021
0.3% ▼1 Week
22.6761
23 Dec 2020
0.6% ▼30 Days
23.0515
24 Oct 2020
2.2% ▼90 Days
22.5804
23 Jan 2020
0.2% ▼1 Year
25.1997
24 Jan 2016
10.5% ▼5 Years
24.1414
25 Jan 2011
6.6% ▼10 Years

SGD/THB 10 year historic rates & change to 22-Jan-2021 : 22.5451

 
   

Will the Singapore Dollar rise against the Thai Baht?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add SGD/THB to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.

 

View My Alerts

 

Rather than requiring you to set a target rate, our FX Alerts work differently.

Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.