THB/SGD: what to know
The THB/SGD rate shows how much SGD you get for 1 THB. Right now, 1 THB buys 0.0383 SGD at the mid-market rate. In the other direction, 1 SGD is worth 26.0898 THB.
In the short term THB is driven mainly by tourism and trade flows, while SGD responds to the MAS-managed currency basket.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par.
Over the past 12 months the THB/SGD rate has ranged between 0.0381 and 0.0414 — a change of -4.89% 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.