THB/SGD
Market Open
15 Jun, 10:28
S$
0. 039389
+0.000313
+0.8017%
S$
68,452 Volume
S$ 0.039075
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THBSGD Overview
THBSGD denotes the exchange rate of the Thai Baht (THB) quoted in Singapore Dollars (SGD), showing how many SGD are required to purchase one THB. It reflects the relative value of Thailand's currency versus Singapore's and is used in cross-border pricing and FX markets.
The Thai Baht is the official currency of the Kingdom of Thailand, issued and regulated by the Bank of Thailand. It functions as Thailand’s unit of account and circulates widely across domestic payments, tourism and international trade.
The Singapore Dollar is the monetary unit of the Republic of Singapore and is issued by the Monetary Authority of Singapore (MAS). The SGD is a major regional currency, noted for its role in ASEAN trade and for being managed within a monetary policy framework that emphasizes exchange-rate stability.
Exchange-rate movements for THBSGD are shaped by relative supply and demand for both currencies and by interest rate differentials, inflation expectations, balance-of-trade and capital flows. Decisions by the Bank of Thailand and the Monetary Authority of Singapore, economic data releases and geopolitical events can trigger volatility, as can shifts in global risk sentiment and commodity prices.
Market participants use THBSGD quotes for commercial hedging, pricing imports and exports between Thailand and Singapore, and speculative positioning. Investors follow the pair to gauge regional economic divergences and to manage currency risk in Southeast Asia-focused portfolios.
The Thai Baht is the official currency of the Kingdom of Thailand, issued and regulated by the Bank of Thailand. It functions as Thailand’s unit of account and circulates widely across domestic payments, tourism and international trade.
The Singapore Dollar is the monetary unit of the Republic of Singapore and is issued by the Monetary Authority of Singapore (MAS). The SGD is a major regional currency, noted for its role in ASEAN trade and for being managed within a monetary policy framework that emphasizes exchange-rate stability.
Exchange-rate movements for THBSGD are shaped by relative supply and demand for both currencies and by interest rate differentials, inflation expectations, balance-of-trade and capital flows. Decisions by the Bank of Thailand and the Monetary Authority of Singapore, economic data releases and geopolitical events can trigger volatility, as can shifts in global risk sentiment and commodity prices.
Market participants use THBSGD quotes for commercial hedging, pricing imports and exports between Thailand and Singapore, and speculative positioning. Investors follow the pair to gauge regional economic divergences and to manage currency risk in Southeast Asia-focused portfolios.
THBSGD Chart
THBSGD FAQ
What is the current THB/SGD price?
The current rate is S$0.039389, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the THB/SGD rate changed today?
The rate has changed by +0.000313 (+0.8017%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was S$0.039075, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is THB/SGD moving up or down?
Movements in THB/SGD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.8017%) is based on the difference between the current rate and the previous closing rate.
Is THB/SGD trending up or down right now?
If the current rate (S$0.039389) is above the previous close (S$0.039075), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for THB/SGD directly on this page.
