Singapore Thai Baht Exchange Rate Trends and Statistics

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A vibrant Singapore street scene featuring parked vehicles, buildings, and a person.
Credit: pexels.com, A vibrant Singapore street scene featuring parked vehicles, buildings, and a person.

Singapore and Thailand have a long-standing relationship, with many Singaporeans visiting Thailand each year. The Thai Baht is the official currency of Thailand.

The exchange rate between the Singapore Dollar (SGD) and the Thai Baht (THB) is a crucial aspect to consider for travelers and investors alike. In recent years, the exchange rate has been relatively stable, with a slight bias towards the Singapore Dollar.

On average, the exchange rate is around 25-30 THB per SGD, but this can fluctuate depending on various economic and political factors. The Thai government has implemented policies to stabilize the currency and attract foreign investment.

The exchange rate has a significant impact on the tourism industry, with many Singaporeans visiting Thailand each year. In 2019, over 1.7 million Singaporeans visited Thailand, with the majority using the SGD to exchange for THB.

Currency Information

The Singapore Dollar is the official currency of Singapore, having replaced the Malaysian Dollar in 1967, and is managed by the Monetary Authority of Singapore to maintain price stability and economic growth.

Credit: youtube.com, Singapore Dollar to Thai Baht Current Money Exchange Rates Today 18 October 2024

The SGD is widely accepted in the country, reflecting Singapore's status as a major financial hub and trade center in Southeast Asia.

You can exchange the Thai Baht for the Singapore Dollar, as THB to SGD is a currency pairing listed among others, including THB to USD, EUR, CAD, AUD, GBP, INR, ZAR, and SGD.

Historical Data

The Singapore Dollar to Thai Baht exchange rate has fluctuated significantly over the years. In the last six months, the SGD/THB rate has decreased by -6.68%, indicating a decline in the value of the Singapore Dollar compared to the Thai Baht.

To get a better understanding of the exchange rate's performance, let's take a look at the historical chart. You can view rates between the Singapore Dollar and the Thai Baht for a particular year by clicking on one of the links below:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

The lowest SGD to THB exchange rate in the last year was 25.074 Thai Baht per Singapore Dollar on December 27, 2024.

Invert Historical Chart

Credit: youtube.com, The Longest Inversion in History | The Week in Charts (2/9/24) | Charlie Bilello | Jamie Battmer

The SGD/THB rate has been on a downward trend, with a decrease of -6.68% in the past six months. This means the Singapore Dollar has lost value compared to the Thai Baht.

The historical chart shows that the average exchange rate over a specific period was 26.382 Thai Baht per Singapore Dollar.

In the past year, the SGD to THB exchange rate peaked at 27.259 Thai Baht per Singapore Dollar on April 22, 2024. This is the highest rate recorded in the last year.

The lowest SGD to THB exchange rate in the last year was 25.074 Thai Baht per Singapore Dollar on December 27, 2024.

Here's a summary of the high and low points for the SGD to THB exchange rate in the last year:

Rates by Year

You can view SGD to THB exchange rates for specific years by clicking on the corresponding links. These links are available for years ranging from 2016 to 2025.

Here are the available years in a list for easy reference:

  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

Current Rates

Credit: youtube.com, 1 THAI BAHT TO SINGAPORE DOLLAR EXCHANGE RATES TODAY 18 JULY 2024 (THB TO SGD)

The current exchange rate between the Singapore Dollar (SGD) and the Thai Baht (THB) is 25.348 THB for every SGD.

As of January 6, 2025, the best SGD to THB exchange rate is 25.348 THB, according to the latest data. This rate is based on the current market conditions and is subject to change.

The average exchange rate for the past 30 days is 25.2295 THB for every SGD, with a high of 25.4926 THB and a low of 25.0735 THB. The overall change in this period was -1.23%.

Here's a breakdown of the current exchange rates:

The volatility of the exchange rate over the past 30 days is -1.23%, indicating a relatively stable market.

Frequently Asked Questions

Is it cheaper to buy Thai baht in Thailand?

Yes, it's generally cheaper to exchange currency for Thai baht in Thailand than in the US. You can easily exchange money at airports or in cities in Thailand.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

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