SGD/THB

SGD/THB — Singapore Dollar and Thai Baht

Thailand is Singapore's most popular short-haul leisure destination, with direct flights between the two countries running dozens of times daily. SGD/THB is the most-checked rate at Suvarnabhumi airport's money-exchange counters for Singaporean travelers.

SGD/THB is the ASEAN corridor pair between Singapore and Thailand — neighbors with deep trade, labor, and tourism links. Thailand is one of Singapore's most visited destinations, and Singapore is Thailand's fourth-largest trading partner. Daily passenger routes between Bangkok and Singapore are among Asia's busiest.

Both currencies sit within managed-float frameworks. MAS manages SGD via the NEER band; the Bank of Thailand manages THB via intervention. Neither currency is fully free-floating, which tends to moderate SGD/THB volatility compared to pairs involving a pure-float currency.

The pair is practically important for ASEAN remittances: Thai workers in Singapore — a significant labor corridor — use SGD/THB to convert earnings before sending funds home to Thailand.

Rates are indicative from aggregated market data and public reference rates. Not for settlement.

Frequently asked questions

Why does SGD/THB stay relatively stable compared to EM pairs involving USD?

Both the MAS NEER band and BoT intervention create managed floors and ceilings for each currency. Combined, the two buffers compress the pair's daily range relative to unmanaged FX pairs in the region.

How many Thai workers are in Singapore?

Estimates suggest 25,000–40,000 Thai workers in Singapore at any time, concentrated in hospitality, construction, and healthcare. Their remittance flow — typically 2,000–5,000 SGD per month per household — creates consistent demand for SGD/THB conversion.

What drives the biggest SGD/THB moves?

Thai political events (coups, protests, election uncertainty) produce the sharpest near-term moves as investors reprice THB risk. Singapore's economic data or MAS band adjustments are less frequent but equally impactful when they occur.

Is SGD/THB useful for Singapore-to-Thailand travel budgeting?

Yes. At roughly 25.5 baht per SGD (see the live rate above), 2,000 SGD converts to approximately 51,000 baht. The live rate on this page updates every ~60 seconds.

Do Singapore–Thailand trade flows affect SGD/THB?

Yes. Singapore exports high-value electronics, financial services, and pharmaceuticals to Thailand; Thailand exports food, automotive parts, and petrochemicals to Singapore. The net position and invoicing currency mix influence corridor FX demand.

Can I access SGD/THB via the exchangerate.dev API?

Yes. Both SGD and THB are in the live-updating currency set. /v1/latest/SGD?symbols=THB returns a live indicative rate updated approximately every 60 seconds through the trading week, with source, market_session, and timestamp on every call.

Is the ECB daily reference rate available for SGD and THB?

Yes. The ECB publishes daily reference rates for both SGD and THB, covering from 1999 onward. For historical analysis, /v1/range?base=SGD&symbols=THB retrieves daily cross rates.