Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.042 AUD
1 AUD = 23.573 THB
1 THB = 23.746 ARS
1 ARS = 0.042 THB
1 THB = 79.996 BIF
1 BIF = 0.013 THB
1 THB = 0.011 BHD
1 BHD = 94.813 THB
1 THB = 0.193 BOB
1 BOB = 5.173 THB
1 THB = 0.048 AZN
1 AZN = 21.022 THB
1 THB = 2.316 BTN
1 BTN = 0.432 THB
1 THB = 14.310 CRC
1 CRC = 0.070 THB
1 THB = 0.649 CZK
1 CZK = 1.542 THB
1 THB = 0.201 CNY
1 CNY = 4.977 THB
1 THB = 0.191 DKK
1 DKK = 5.229 THB
1 THB = 1.588 ETB
1 ETB = 0.630 THB
1 THB = 240.454 GNF
1 GNF = 0.004 THB
1 THB = 0.193 HRK
1 HRK = 5.175 THB
1 THB = 434.874 IDR
1 IDR = 0.002 THB
1 THB = 4.342 JMD
1 JMD = 0.230 THB
1 THB = 2.502 KGS
1 KGS = 0.400 THB
1 THB = 0.050 BAM
1 BAM = 19.983 THB
1 THB = 0.050 ANG
1 ANG = 19.834 THB
1 THB = 0.380 BWP
1 BWP = 2.634 THB
1 THB = 0.037 BND
1 BND = 26.860 THB
1 THB = 77.632 CDF
1 CDF = 0.013 THB
1 THB = 0.056 BZD
1 BZD = 17.734 THB
1 THB = 913.602 BYR
1 BYR = 0.001 THB
1 THB = 0.050 BGN
1 BGN = 19.975 THB
1 THB = 0.038 CAD
1 CAD = 26.456 THB
1 THB = 3.762 DZD
1 DZD = 0.266 THB
1 THB = 0.420 ERN
1 ERN = 2.382 THB
1 THB = 1.366 EGP
1 EGP = 0.732 THB
1 THB = 0.062 FJD
1 FJD = 16.006 THB
1 THB = 0.022 GBP
1 GBP = 45.605 THB
1 THB = 0.022 FKP
1 FKP = 45.605 THB
1 THB = 0.218 GTQ
1 GTQ = 4.578 THB
1 THB = 0.219 HKD
1 HKD = 4.568 THB
1 THB = 10.221 HUF
1 HUF = 0.098 THB
1 THB = 36.647 IQD
1 IQD = 0.027 THB
1 THB = 1176.302 IRR
1 IRR = 0.001 THB
1 THB = 12.607 KMF
1 KMF = 0.079 THB
1 THB = 36.733 KRW
1 KRW = 0.027 THB
1 THB = 2.660 ALL
1 ALL = 0.376 THB
1 THB = 3.070 BDT
1 BDT = 0.326 THB
1 THB = 0.050 AWG
1 AWG = 19.854 THB
1 THB = 0.139 BRL
1 BRL = 7.173 THB
1 THB = 0.000 BCH
1 BCH = 15285.287 THB
1 THB = 0.000 BTC
1 BTC = 2552642.857 THB
1 THB = 0.103 AED
1 AED = 9.730 THB
1 THB = 23.339 AOA
1 AOA = 0.043 THB
1 THB = 0.028 BSD
1 BSD = 35.737 THB
1 THB = 26.965 CLP
1 CLP = 0.037 THB
1 THB = 0.092 BYN
1 BYN = 10.924 THB
1 THB = 109.485 COP
1 COP = 0.009 THB
1 THB = 0.721 CUP
1 CUP = 1.388 THB
1 THB = 0.000 ETH
1 ETH = 143522.088 THB
1 THB = 0.026 EUR
1 EUR = 38.993 THB
1 THB = 0.691 HNL
1 HNL = 1.447 THB
1 THB = 1.902 GMD
1 GMD = 0.526 THB
1 THB = 0.022 GIP
1 GIP = 45.605 THB
1 THB = 3.709 HTG
1 HTG = 0.270 THB
1 THB = 0.020 JOD
1 JOD = 50.412 THB
1 THB = 4.136 JPY
1 JPY = 0.242 THB
1 THB = 1.984 AFN
1 AFN = 0.504 THB
1 THB = 0.056 BBD
1 BBD = 17.869 THB
1 THB = 0.028 BMD
1 BMD = 35.737 THB
1 THB = 11.268 AMD
1 AMD = 0.089 THB
1 THB = 0.025 CHF
1 CHF = 40.663 THB
1 THB = 4.982 DJF
1 DJF = 0.201 THB
1 THB = 1.653 DOP
1 DOP = 0.605 THB
1 THB = 2.821 CVE
1 CVE = 0.354 THB
1 THB = 0.074 GEL
1 GEL = 13.460 THB
1 THB = 0.359 GHS
1 GHS = 2.788 THB
1 THB = 5.859 GYD
1 GYD = 0.171 THB
1 THB = 0.102 ILS
1 ILS = 9.767 THB
1 THB = 2.317 INR
1 INR = 0.432 THB
1 THB = 3.814 ISK
1 ISK = 0.262 THB
1 THB = 113.296 KHR
1 KHR = 0.009 THB
1 THB = 3.890 KES
1 KES = 0.257 THB
1 THB = 0.009 KWD
1 KWD = 116.335 THB
1 THB = 12.554 KZT
1 KZT = 0.080 THB
1 THB = 8.593 LKR
1 LKR = 0.116 THB
1 THB = 0.281 MAD
1 MAD = 3.562 THB
1 THB = 58.749 MMK
1 MMK = 0.017 THB
1 THB = 96.539 MNT
1 MNT = 0.010 THB
1 THB = 1.281 MUR
1 MUR = 0.780 THB
1 THB = 11.124 MRO
1 MRO = 0.090 THB
1 THB = 0.431 MVR
1 MVR = 2.321 THB
1 THB = 47.091 MWK
1 MWK = 0.021 THB
1 THB = 0.046 NZD
1 NZD = 21.965 THB
1 THB = 3.705 NPR
1 NPR = 0.270 THB
1 THB = 1.551 PHP
1 PHP = 0.645 THB
1 THB = 7.809 PKR
1 PKR = 0.128 THB
1 THB = 35.905 RWF
1 RWF = 0.028 THB
1 THB = 0.000 LTC
1 LTC = 3468.938 THB
1 THB = 0.471 MXN
1 MXN = 2.123 THB
1 THB = 1.030 NIO
1 NIO = 0.971 THB
1 THB = 0.127 RON
1 RON = 7.850 THB
1 THB = 25.184 KPW
1 KPW = 0.040 THB
1 THB = 0.023 KYD
1 KYD = 42.892 THB
1 THB = 2505.160 LBP
1 LBP = 0.000 THB
1 THB = 0.134 LYD
1 LYD = 7.437 THB
1 THB = 583.837 LAK
1 LAK = 0.002 THB
1 THB = 125.911 MGA
1 MGA = 0.008 THB
1 THB = 5.361 LRD
1 LRD = 0.187 THB
1 THB = 1.580 MKD
1 MKD = 0.633 THB
1 THB = 0.520 LSL
1 LSL = 1.924 THB
1 THB = 0.225 MOP
1 MOP = 4.436 THB
1 THB = 0.491 MDL
1 MDL = 2.036 THB
1 THB = 0.520 NAD
1 NAD = 1.924 THB
1 THB = 0.131 MYR
1 MYR = 7.640 THB
1 THB = 0.011 OMR
1 OMR = 92.831 THB
1 THB = 44.077 NGN
1 NGN = 0.023 THB
1 THB = 0.107 PGK
1 PGK = 9.359 THB
1 THB = 0.028 PAB
1 PAB = 35.737 THB
1 THB = 0.103 PEN
1 PEN = 9.685 THB
1 THB = 0.294 NOK
1 NOK = 3.398 THB
1 THB = 0.110 PLN
1 PLN = 9.092 THB
1 THB = 203.948 PYG
1 PYG = 0.005 THB
1 THB = 0.102 QAR
1 QAR = 9.802 THB
1 THB = 0.236 SBD
1 SBD = 4.236 THB
1 THB = 0.105 SAR
1 SAR = 9.528 THB
1 THB = 0.037 SGD
1 SGD = 26.811 THB
1 THB = 586.773 SLL
1 SLL = 0.002 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.881 TWD
1 TWD = 1.136 THB
1 THB = 1.077 UAH
1 UAH = 0.928 THB
1 THB = 109.329 UGX
1 UGX = 0.009 THB
1 THB = 0.990 SRD
1 SRD = 1.011 THB
1 THB = 623.494 STD
1 STD = 0.002 THB
1 THB = 0.897 TRY
1 TRY = 1.115 THB
1 THB = 0.190 TTD
1 TTD = 5.261 THB
1 THB = 0.066 TOP
1 TOP = 15.135 THB
1 THB = 350.637 UZS
1 UZS = 0.003 THB
1 THB = 7.004 YER
1 YER = 0.143 THB
1 THB = 0.524 ZAR
1 ZAR = 1.909 THB
1 THB = 3.006 RSD
1 RSD = 0.333 THB
1 THB = 2.555 RUB
1 RUB = 0.391 THB
1 THB = 15.989 SOS
1 SOS = 0.063 THB
1 THB = 0.245 SVC
1 SVC = 4.085 THB
1 THB = 70.306 SYP
1 SYP = 0.014 THB
1 THB = 0.519 SZL
1 SZL = 1.925 THB
1 THB = 0.087 TND
1 TND = 11.541 THB
1 THB = 1.086 UYU
1 UYU = 0.920 THB
1 THB = 689.812 VND
1 VND = 0.001 THB
1 THB = 3.322 VUV
1 VUV = 0.301 THB
1 THB = 0.078 WST
1 WST = 12.763 THB
1 THB = 16.822 XAF
1 XAF = 0.059 THB
1 THB = 0.076 XCD
1 XCD = 13.223 THB
1 THB = 0.376 SCR
1 SCR = 2.661 THB
1 THB = 0.287 SEK
1 SEK = 3.486 THB
1 THB = 0.022 SHP
1 SHP = 45.605 THB
1 THB = 71.337 TZS
1 TZS = 0.014 THB
1 THB = 0.028 USD
1 USD = 35.737 THB
1 THB = 3.060 XPF
1 XPF = 0.327 THB
1 THB = 16.822 XOF
1 XOF = 0.059 THB

Evolution of the THB Exchange Rate

The Thai baht (THB) exchange rate has experienced various fluctuations over time. In the 1980s and early 1990s, the THB was pegged to a basket of currencies. However, in 1997, Thailand faced a severe financial crisis, leading to the devaluation of the baht and a shift to a managed float regime. Since then, the THB has generally appreciated against the US dollar with some periods of depreciation, reflecting economic and political developments in Thailand.

Variations in the THB Exchange Rate

The THB exchange rate is influenced by several factors including interest rate differentials, inflation rates, trade balance, foreign direct investment, and political stability. Fluctuations in these factors can lead to variations in the THB exchange rate. Additionally, external events such as global financial crises and changes in market sentiment can also impact the THB exchange rate.

Significance of THB in the Global Economy

The THB is considered an emerging market currency and plays a modest role in the global economy. Thailand is one of the world's leading exporters of goods and services, and its currency's exchange rate affects the competitiveness of its exports. The THB is also used as a reserve currency by some central banks and is included in the currency baskets of various international organizations.

Shocks Experienced by THB and Correlation with Other Currencies

The THB has been exposed to various shocks, such as the Asian financial crisis in 1997, the global financial crisis in 2008, and the recent COVID-19 pandemic. These shocks have led to significant fluctuations in the THB exchange rate. As for its correlation with other currencies, the THB generally exhibits a positive correlation with other emerging market currencies due to similar factors affecting their economies. However, the THB's correlation with major currencies like the US dollar or the euro can vary depending on global economic conditions and market dynamics.