Thai Baht (THB) Exchange Rates Today
Live rates, 30-day trends, and real talk about what banks charge you for Thai Baht.
Mid-market rate - no bank markup 200+ currencies Free
What is the Thai Baht?
Thailand is a major tourist destination - tourism accounts for roughly 12% of GDP. THB is commonly converted by the millions of visitors to Bangkok, Chiang Mai, and the Thai islands each year.
Symbol: ฿ ISO code: THB Central bank: Bank of Thailand (BOT)
BIS ranking: 22nd most traded (the 22nd most bought and sold currency worldwide) Used in: Thailand
This page is a hub for all THB exchange rates on our site. Use the converter above to check the current mid-market rate for Thai Baht against any supported currency, or scroll down to browse individual pair pages with 30-day charts, historical data, and conversion tables.
How Thai Baht is commonly exchanged
Tourism accounts for roughly 12% of Thailand's GDP, making the Baht one of the most commonly converted currencies for travelers. USD/THB is the primary pair. Millions of visitors to Bangkok, Chiang Mai, and the Thai islands need to convert to THB each year, creating predictable seasonal patterns.
Most THB conversions pass through one of the major pairs listed below. For less common combinations, rates are computed as cross-rates through USD or EUR, which may carry a slightly wider spread.
Practical notes for Thai Baht
Travel and card conversions
If you are spending in Thai Baht, a card with no foreign transaction fee is typically the best option. Always choose to be charged in THB (the local currency) at point of sale - selecting your home currency triggers Dynamic Currency Conversion, which adds an unnecessary 3-6% markup to your transaction.
Bank spreads
As a less liquid currency, THB spreads at banks and exchanges tend to be wider than for major currencies - sometimes 4-6% at banks and up to 15% at airport counters. Online transfer services usually offer much tighter spreads for THB.
The Bank of Thailand (BOT) and the Thai Baht
The Bank of Thailand (BOT) targets 1-3% headline inflation and meets eight times per year.
Policy tool: The policy rate. The BOT also monitors capital flows and can impose measures to prevent excessive baht appreciation or depreciation.
Key data releases: Thai CPI, GDP, tourism arrivals (a major economic driver), and trade balance.
Moments that shaped the Thai Baht
Asian Financial Crisis trigger (1997)
On 2 July 1997, Thailand abandoned its peg to the US Dollar after exhausting foreign reserves trying to defend it. The baht lost more than half its value in months, triggering the Asian Financial Crisis that spread across the region. Source: International Monetary Fund
Did you know?
- Thailand is the only Southeast Asian country never colonized by a European power. The word 'baht' originally referred to a unit of weight for silver, similar to the British pound.
Frequently asked questions
What is the THB exchange rate today?
The live mid-market rate is shown in the converter above. It updates every 60 seconds during market hours (Sunday 5pm ET through Friday 5pm ET). Scroll down to see THB rates against all supported currencies.
What is the mid-market rate for Thai Baht?
The mid-market rate is the midpoint between wholesale buy and sell prices - the fairest benchmark before any provider adds markup. It is the rate shown on this page. Your bank or service will offer a different rate that includes their margin.
How is THB performing this month?
Use the converter above and click through to any pair page to see the 30-day range bar, which shows where today's rate sits relative to the recent trend. The rate statistics panel shows 30-day low, high, average, and volatility.
Where can I find historical THB rates?
Click on any pair page below and scroll to the history chart. You can view 7-day, 30-day, or 1-year history with daily rates. Use the date picker to look up a specific historical date.
What affects the value of Thai Baht?
Central bank interest rate decisions from the Bank of Thailand (BOT) are typically the largest driver. Inflation data, economic growth figures, trade balances, and political stability also matter. On a day-to-day basis, scheduled economic data releases and central bank communication can cause noticeable moves.
Why do different sites show different THB rates?
Different providers use different data sources, update at different times, and may show rates that already include their markup. The mid-market rate (shown here) is the most neutral benchmark. If a site shows a rate that is noticeably worse, that difference is likely their margin built into the number.
How is the THB exchange rate set?
Most exchange rates are determined by supply and demand in the global forex market, where banks, funds, and corporations trade currencies 24 hours a day on weekdays. Interest rate differentials between central banks are the biggest long-term driver. No single entity "sets" the rate - it emerges from millions of transactions.
Learn more
- Bank of Thailand - Exchange Rates - Official daily baht rates
- National Statistical Office of Thailand - Tourism and economic data that influence the baht
THB rate statistics
Thai Baht rate context
We compare the current Thai Baht exchange rate against its recent trading range to help you decide whether now is a good time to convert. The live analysis updates throughout market hours.
Rate analysis updates when live data is available.
Forex Market Hours
The forex market is open 24 hours a day, five days a week. Trading passes between these major financial centers as the world turns.
| Market | Timezone | Local Time | Status |
|---|---|---|---|
| 🇦🇺 Sydney | AEST | — | — |
| 🇯🇵 Tokyo | JST | — | — |
| 🇬🇧 London | GMT/BST | — | — |
| 🇺🇸 New York | ET | — | — |
All THB Currency Pairs
Live exchange rate pages for Thai Baht against every supported currency.