SGD/THB: what to know
The SGD/THB rate shows how much THB you get for 1 SGD. Right now, 1 SGD buys 26.0877 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0383 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while THB responds to tourism and trade flows.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Over the past 12 months the SGD/THB rate has ranged between 24.1492 and 26.2152 — a change of +5.14% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.