The live mid-rate SGD to THB exchange rate is 25.47. Compare currency conversion rates - Reduce FX costs.
The best SGD to THB exchange rate is our partner deal rate of 25.34 from OFX . This is -0.51% compared to the mid-market rate 25.47.
The standard OFX SGD-THB rate is 24.9582, -2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Thai baht (THB) rates from different sources before making a conversion.
Looking at our comparison table the best SGD to THB exchange rate is 25.34 from OFX, -0.51% from the mid-market rate 25.47. The next best rate is 25.32 from XE, -0.59% from the mid-rate. Wise with 25.32 is -0.59% from the mid-rate.
The Western Union rate is which is - from the mid-rate.
Among the banks, the CIMB Bank rate is 24.47 at -3.9%, the OCBC Bank rate is 24.78 at -2.7%, and the Maybank rate is 24.58 at -3.5% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
The Singapore dollar to Baht comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest SGD-THB mid-rate (see Market Data below ) and the possible savings of using various providers.
Singapore dollar (SGD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | SGD/THB | Change | Period |
|---|---|---|---|
20 Nov 2024 | 25.80 | 1.1% ▼ | 2 Week |
05 Sep 2024 | 25.86 | 1.3% ▼ | 3 Month |
05 Dec 2023 | 26.30 | 3% ▼ | 1 Year |
06 Dec 2019 | 22.32 | 14.3% ▲ | 5 Year |
07 Dec 2014 | 24.97 | 2.2% ▲ | 10 Year |
09 Dec 2004 | 24.01 | 6.3% ▲ | 20 Year |
Here are some popular conversion amounts for SGD to THB (Singapore dollar to Thai baht)*.
*Converted at the current SGDTHB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The recent behavior of the Singapore dollar (SGD) against the Thai baht (THB) reflects a complex interplay of local and global economic factors. As the SGD experiences a depreciation against the US dollar, influenced by risk-averse sentiments stemming from ongoing uncertainties regarding US interest rates and upcoming elections, FX analysts remain cautiously optimistic about Singapore's relatively stronger economic fundamentals. With the Monetary Authority of Singapore’s hawkish outlook and a robust third-quarter GDP growth of 3.2%, projections for the SGD could improve, especially if these financial indicators contrast starkly with those impacting the Federal Reserve's policy decisions.
Read our full review of recent SGD to THB forecasts.
There are several ways to save on exchange rates when converting Singapore dollar to Thai baht:
Generally speaking, if you are buying Thai baht with Singapore dollar, then it's better for the SGD/THB exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Read our Currency guide to Thailand - a practical currency and money guide to travel, living and doing business in Thailand with the Thai baht.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| Singapore (SGD) | Thailand (THB) |
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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