What is the
PayPal Send Money conversion rate for SGD to THB?
The PayPal SGD to THB exchange rate is 24.51. This is -4.3% compared to the latest SGD-THB mid-market rate 25.60.
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.
The above
PayPal - Singapore dollar to Baht comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
PayPal and other foreign exchange providers against the latest SGD-THB mid-rate and the possible savings of using various providers.
How do PayPal SGD-THB rates compare between providers?
Looking at the full
SGD to THB - Send Money comparison table the provider with the best SGD to THB exchange rate is OFX at 25.47, -0.51% from the latest mid-market rate 25.60.
The next best is XE at 25.44, -0.63% from the mid-rate.
Then Wise at 25.44, which is -0.63% from the mid-rate.
Among the banks the CIMB Bank rate is 24.56 at -4.1% the OCBC Bank rate is 24.9 at -2.7% and the Maybank rate is 24.7 at -3.5% compared to the mid-rate 25.60.
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.
Compare SGD to THB Transfer Rates