Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.047 AUD
1 AUD = 21.448 THB
1 THB = 43.890 ARS
1 ARS = 0.023 THB
1 THB = 90.512 BIF
1 BIF = 0.011 THB
1 THB = 0.012 BHD
1 BHD = 86.249 THB
1 THB = 0.213 BOB
1 BOB = 4.691 THB
1 THB = 0.052 AZN
1 AZN = 19.076 THB
1 THB = 2.736 BTN
1 BTN = 0.365 THB
1 THB = 15.541 CRC
1 CRC = 0.064 THB
1 THB = 0.638 CZK
1 CZK = 1.568 THB
1 THB = 0.220 CNY
1 CNY = 4.555 THB
1 THB = 0.196 DKK
1 DKK = 5.098 THB
1 THB = 4.496 ETB
1 ETB = 0.222 THB
1 THB = 267.743 GNF
1 GNF = 0.004 THB
1 THB = 0.216 HRK
1 HRK = 4.619 THB
1 THB = 512.231 IDR
1 IDR = 0.002 THB
1 THB = 4.941 JMD
1 JMD = 0.202 THB
1 THB = 2.695 KGS
1 KGS = 0.371 THB
1 THB = 0.051 BAM
1 BAM = 19.461 THB
1 THB = 0.056 ANG
1 ANG = 18.006 THB
1 THB = 0.436 BWP
1 BWP = 2.296 THB
1 THB = 0.040 BND
1 BND = 25.179 THB
1 THB = 78.597 CDF
1 CDF = 0.013 THB
1 THB = 0.062 BZD
1 BZD = 16.109 THB
1 THB = 1045.338 BYR
1 BYR = 0.001 THB
1 THB = 0.051 BGN
1 BGN = 19.461 THB
1 THB = 0.043 CAD
1 CAD = 23.263 THB
1 THB = 3.996 DZD
1 DZD = 0.250 THB
1 THB = 0.463 ERN
1 ERN = 2.162 THB
1 THB = 1.476 EGP
1 EGP = 0.678 THB
1 THB = 0.070 FJD
1 FJD = 14.359 THB
1 THB = 0.023 GBP
1 GBP = 43.713 THB
1 THB = 0.023 FKP
1 FKP = 43.713 THB
1 THB = 0.236 GTQ
1 GTQ = 4.233 THB
1 THB = 0.240 HKD
1 HKD = 4.168 THB
1 THB = 10.226 HUF
1 HUF = 0.098 THB
1 THB = 40.374 IQD
1 IQD = 0.025 THB
1 THB = 1296.999 IRR
1 IRR = 0.001 THB
1 THB = 12.925 KMF
1 KMF = 0.077 THB
1 THB = 43.237 KRW
1 KRW = 0.023 THB
1 THB = 2.544 ALL
1 ALL = 0.393 THB
1 THB = 3.752 BDT
1 BDT = 0.266 THB
1 THB = 0.055 AWG
1 AWG = 18.117 THB
1 THB = 0.164 BRL
1 BRL = 6.084 THB
1 THB = 0.000 BCH
1 BCH = 19268.984 THB
1 THB = 0.000 BTC
1 BTC = 4053712.500 THB
1 THB = 0.113 AED
1 AED = 8.830 THB
1 THB = 28.295 AOA
1 AOA = 0.035 THB
1 THB = 0.031 BSD
1 BSD = 32.430 THB
1 THB = 29.624 CLP
1 CLP = 0.034 THB
1 THB = 0.105 BYN
1 BYN = 9.566 THB
1 THB = 119.726 COP
1 COP = 0.008 THB
1 THB = 0.739 CUP
1 CUP = 1.352 THB
1 THB = 0.000 ETH
1 ETH = 142235.526 THB
1 THB = 0.026 EUR
1 EUR = 38.062 THB
1 THB = 0.808 HNL
1 HNL = 1.238 THB
1 THB = 2.265 GMD
1 GMD = 0.442 THB
1 THB = 0.023 GIP
1 GIP = 43.713 THB
1 THB = 4.042 HTG
1 HTG = 0.247 THB
1 THB = 0.022 JOD
1 JOD = 45.740 THB
1 THB = 4.537 JPY
1 JPY = 0.220 THB
1 THB = 2.082 AFN
1 AFN = 0.480 THB
1 THB = 0.062 BBD
1 BBD = 16.215 THB
1 THB = 0.031 BMD
1 BMD = 32.430 THB
1 THB = 11.757 AMD
1 AMD = 0.085 THB
1 THB = 0.025 CHF
1 CHF = 40.721 THB
1 THB = 5.491 DJF
1 DJF = 0.182 THB
1 THB = 1.924 DOP
1 DOP = 0.520 THB
1 THB = 2.897 CVE
1 CVE = 0.345 THB
1 THB = 0.084 GEL
1 GEL = 11.906 THB
1 THB = 0.387 GHS
1 GHS = 2.586 THB
1 THB = 6.450 GYD
1 GYD = 0.155 THB
1 THB = 0.102 ILS
1 ILS = 9.774 THB
1 THB = 2.736 INR
1 INR = 0.365 THB
1 THB = 3.747 ISK
1 ISK = 0.267 THB
1 THB = 123.631 KHR
1 KHR = 0.008 THB
1 THB = 3.993 KES
1 KES = 0.250 THB
1 THB = 0.009 KWD
1 KWD = 106.113 THB
1 THB = 16.875 KZT
1 KZT = 0.059 THB
1 THB = 9.323 LKR
1 LKR = 0.107 THB
1 THB = 0.280 MAD
1 MAD = 3.567 THB
1 THB = 64.737 MMK
1 MMK = 0.015 THB
1 THB = 110.884 MNT
1 MNT = 0.009 THB
1 THB = 1.405 MUR
1 MUR = 0.712 THB
1 THB = 12.300 MRO
1 MRO = 0.081 THB
1 THB = 0.475 MVR
1 MVR = 2.106 THB
1 THB = 53.507 MWK
1 MWK = 0.019 THB
1 THB = 0.053 NZD
1 NZD = 18.896 THB
1 THB = 4.380 NPR
1 NPR = 0.228 THB
1 THB = 1.794 PHP
1 PHP = 0.558 THB
1 THB = 8.709 PKR
1 PKR = 0.115 THB
1 THB = 44.670 RWF
1 RWF = 0.022 THB
1 THB = 0.000 LTC
1 LTC = 3919.471 THB
1 THB = 0.567 MXN
1 MXN = 1.764 THB
1 THB = 1.132 NIO
1 NIO = 0.883 THB
1 THB = 0.134 RON
1 RON = 7.486 THB
1 THB = 27.753 KPW
1 KPW = 0.036 THB
1 THB = 0.026 KYD
1 KYD = 39.019 THB
1 THB = 2772.005 LBP
1 LBP = 0.000 THB
1 THB = 0.167 LYD
1 LYD = 5.985 THB
1 THB = 667.542 LAK
1 LAK = 0.001 THB
1 THB = 137.050 MGA
1 MGA = 0.007 THB
1 THB = 5.600 LRD
1 LRD = 0.179 THB
1 THB = 1.619 MKD
1 MKD = 0.618 THB
1 THB = 0.531 LSL
1 LSL = 1.884 THB
1 THB = 0.247 MOP
1 MOP = 4.047 THB
1 THB = 0.514 MDL
1 MDL = 1.946 THB
1 THB = 0.531 NAD
1 NAD = 1.884 THB
1 THB = 0.130 MYR
1 MYR = 7.710 THB
1 THB = 0.012 OMR
1 OMR = 84.277 THB
1 THB = 45.729 NGN
1 NGN = 0.022 THB
1 THB = 0.131 PGK
1 PGK = 7.635 THB
1 THB = 0.031 PAB
1 PAB = 32.430 THB
1 THB = 0.107 PEN
1 PEN = 9.326 THB
1 THB = 0.306 NOK
1 NOK = 3.273 THB
1 THB = 0.112 PLN
1 PLN = 8.926 THB
1 THB = 218.413 PYG
1 PYG = 0.005 THB
1 THB = 0.112 QAR
1 QAR = 8.909 THB
1 THB = 0.259 SBD
1 SBD = 3.861 THB
1 THB = 0.116 SAR
1 SAR = 8.648 THB
1 THB = 0.040 SGD
1 SGD = 25.179 THB
1 THB = 699.926 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.938 TWD
1 TWD = 1.066 THB
1 THB = 1.272 UAH
1 UAH = 0.786 THB
1 THB = 106.839 UGX
1 UGX = 0.009 THB
1 THB = 1.183 SRD
1 SRD = 0.846 THB
1 THB = 647.980 STD
1 STD = 0.002 THB
1 THB = 1.283 TRY
1 TRY = 0.779 THB
1 THB = 0.209 TTD
1 TTD = 4.778 THB
1 THB = 0.074 TOP
1 TOP = 13.534 THB
1 THB = 373.124 UZS
1 UZS = 0.003 THB
1 THB = 7.376 YER
1 YER = 0.136 THB
1 THB = 0.531 ZAR
1 ZAR = 1.884 THB
1 THB = 3.078 RSD
1 RSD = 0.325 THB
1 THB = 2.540 RUB
1 RUB = 0.394 THB
1 THB = 17.622 SOS
1 SOS = 0.057 THB
1 THB = 0.270 SVC
1 SVC = 3.706 THB
1 THB = 400.932 SYP
1 SYP = 0.002 THB
1 THB = 0.531 SZL
1 SZL = 1.884 THB
1 THB = 0.089 TND
1 TND = 11.178 THB
1 THB = 1.229 UYU
1 UYU = 0.813 THB
1 THB = 813.831 VND
1 VND = 0.001 THB
1 THB = 3.701 VUV
1 VUV = 0.270 THB
1 THB = 0.085 WST
1 WST = 11.711 THB
1 THB = 17.234 XAF
1 XAF = 0.058 THB
1 THB = 0.083 XCD
1 XCD = 11.981 THB
1 THB = 0.455 SCR
1 SCR = 2.197 THB
1 THB = 0.289 SEK
1 SEK = 3.460 THB
1 THB = 0.023 SHP
1 SHP = 43.713 THB
1 THB = 75.627 TZS
1 TZS = 0.013 THB
1 THB = 0.031 USD
1 USD = 32.430 THB
1 THB = 3.135 XPF
1 XPF = 0.319 THB
1 THB = 17.234 XOF
1 XOF = 0.058 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.