Loading...
Best Exchange Rates

Home pages - full list (A-Z)

Compare SGD to THB foreign transfers

Use our comparison table to find the best exchange rates for Thai Baht foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
$SGD
฿THB

Compare Deals
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

1 SGD = 23.1826 THB

This is the current SGD-THB mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market SGD-THB exchange rate.

3 Month Chart
Loading AUDUSD rates

Currency news and forecasts for Singapore Dollar and Thai Baht

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison 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

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets