Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.048 AUD
1 AUD = 21.007 THB
1 THB = 40.795 ARS
1 ARS = 0.025 THB
1 THB = 91.968 BIF
1 BIF = 0.011 THB
1 THB = 0.012 BHD
1 BHD = 86.112 THB
1 THB = 0.213 BOB
1 BOB = 4.686 THB
1 THB = 0.053 AZN
1 AZN = 19.046 THB
1 THB = 2.697 BTN
1 BTN = 0.371 THB
1 THB = 15.569 CRC
1 CRC = 0.064 THB
1 THB = 0.646 CZK
1 CZK = 1.547 THB
1 THB = 0.221 CNY
1 CNY = 4.518 THB
1 THB = 0.197 DKK
1 DKK = 5.086 THB
1 THB = 4.379 ETB
1 ETB = 0.228 THB
1 THB = 267.784 GNF
1 GNF = 0.004 THB
1 THB = 0.198 HRK
1 HRK = 5.038 THB
1 THB = 501.396 IDR
1 IDR = 0.002 THB
1 THB = 4.951 JMD
1 JMD = 0.202 THB
1 THB = 2.701 KGS
1 KGS = 0.370 THB
1 THB = 0.052 BAM
1 BAM = 19.410 THB
1 THB = 0.056 ANG
1 ANG = 17.972 THB
1 THB = 0.437 BWP
1 BWP = 2.290 THB
1 THB = 0.040 BND
1 BND = 25.272 THB
1 THB = 89.536 CDF
1 CDF = 0.011 THB
1 THB = 0.062 BZD
1 BZD = 16.091 THB
1 THB = 1042.266 BYR
1 BYR = 0.001 THB
1 THB = 0.052 BGN
1 BGN = 19.410 THB
1 THB = 0.043 CAD
1 CAD = 23.398 THB
1 THB = 4.006 DZD
1 DZD = 0.250 THB
1 THB = 0.463 ERN
1 ERN = 2.159 THB
1 THB = 1.498 EGP
1 EGP = 0.668 THB
1 THB = 0.070 FJD
1 FJD = 14.316 THB
1 THB = 0.023 GBP
1 GBP = 43.815 THB
1 THB = 0.023 FKP
1 FKP = 43.815 THB
1 THB = 0.237 GTQ
1 GTQ = 4.223 THB
1 THB = 0.241 HKD
1 HKD = 4.144 THB
1 THB = 10.415 HUF
1 HUF = 0.096 THB
1 THB = 40.452 IQD
1 IQD = 0.025 THB
1 THB = 1298.990 IRR
1 IRR = 0.001 THB
1 THB = 12.959 KMF
1 KMF = 0.077 THB
1 THB = 42.707 KRW
1 KRW = 0.023 THB
1 THB = 2.567 ALL
1 ALL = 0.390 THB
1 THB = 3.755 BDT
1 BDT = 0.266 THB
1 THB = 0.055 AWG
1 AWG = 18.088 THB
1 THB = 0.167 BRL
1 BRL = 5.973 THB
1 THB = 0.000 BCH
1 BCH = 19540.133 THB
1 THB = 0.000 BTC
1 BTC = 3597555.556 THB
1 THB = 0.113 AED
1 AED = 8.816 THB
1 THB = 28.272 AOA
1 AOA = 0.035 THB
1 THB = 0.031 BSD
1 BSD = 32.378 THB
1 THB = 29.749 CLP
1 CLP = 0.034 THB
1 THB = 0.104 BYN
1 BYN = 9.594 THB
1 THB = 123.858 COP
1 COP = 0.008 THB
1 THB = 0.741 CUP
1 CUP = 1.349 THB
1 THB = 0.000 ETH
1 ETH = 153450.237 THB
1 THB = 0.026 EUR
1 EUR = 37.962 THB
1 THB = 0.809 HNL
1 HNL = 1.237 THB
1 THB = 2.239 GMD
1 GMD = 0.447 THB
1 THB = 0.023 GIP
1 GIP = 43.815 THB
1 THB = 4.041 HTG
1 HTG = 0.247 THB
1 THB = 0.022 JOD
1 JOD = 45.667 THB
1 THB = 4.531 JPY
1 JPY = 0.221 THB
1 THB = 2.113 AFN
1 AFN = 0.473 THB
1 THB = 0.062 BBD
1 BBD = 16.189 THB
1 THB = 0.031 BMD
1 BMD = 32.378 THB
1 THB = 11.828 AMD
1 AMD = 0.085 THB
1 THB = 0.025 CHF
1 CHF = 40.401 THB
1 THB = 5.498 DJF
1 DJF = 0.182 THB
1 THB = 1.926 DOP
1 DOP = 0.519 THB
1 THB = 2.905 CVE
1 CVE = 0.344 THB
1 THB = 0.083 GEL
1 GEL = 12.012 THB
1 THB = 0.340 GHS
1 GHS = 2.943 THB
1 THB = 6.459 GYD
1 GYD = 0.155 THB
1 THB = 0.104 ILS
1 ILS = 9.603 THB
1 THB = 2.697 INR
1 INR = 0.371 THB
1 THB = 3.777 ISK
1 ISK = 0.265 THB
1 THB = 123.722 KHR
1 KHR = 0.008 THB
1 THB = 3.990 KES
1 KES = 0.251 THB
1 THB = 0.009 KWD
1 KWD = 106.050 THB
1 THB = 16.602 KZT
1 KZT = 0.060 THB
1 THB = 9.317 LKR
1 LKR = 0.107 THB
1 THB = 0.278 MAD
1 MAD = 3.596 THB
1 THB = 64.840 MMK
1 MMK = 0.015 THB
1 THB = 111.097 MNT
1 MNT = 0.009 THB
1 THB = 1.422 MUR
1 MUR = 0.703 THB
1 THB = 12.339 MRO
1 MRO = 0.081 THB
1 THB = 0.477 MVR
1 MVR = 2.097 THB
1 THB = 53.563 MWK
1 MWK = 0.019 THB
1 THB = 0.053 NZD
1 NZD = 18.996 THB
1 THB = 4.317 NPR
1 NPR = 0.232 THB
1 THB = 1.744 PHP
1 PHP = 0.573 THB
1 THB = 8.758 PKR
1 PKR = 0.114 THB
1 THB = 44.688 RWF
1 RWF = 0.022 THB
1 THB = 0.000 LTC
1 LTC = 3933.665 THB
1 THB = 0.574 MXN
1 MXN = 1.741 THB
1 THB = 1.136 NIO
1 NIO = 0.880 THB
1 THB = 0.133 RON
1 RON = 7.512 THB
1 THB = 27.795 KPW
1 KPW = 0.036 THB
1 THB = 0.026 KYD
1 KYD = 38.935 THB
1 THB = 2781.997 LBP
1 LBP = 0.000 THB
1 THB = 0.168 LYD
1 LYD = 5.969 THB
1 THB = 668.086 LAK
1 LAK = 0.001 THB
1 THB = 136.600 MGA
1 MGA = 0.007 THB
1 THB = 6.195 LRD
1 LRD = 0.161 THB
1 THB = 1.637 MKD
1 MKD = 0.611 THB
1 THB = 0.539 LSL
1 LSL = 1.855 THB
1 THB = 0.249 MOP
1 MOP = 4.023 THB
1 THB = 0.519 MDL
1 MDL = 1.926 THB
1 THB = 0.539 NAD
1 NAD = 1.855 THB
1 THB = 0.131 MYR
1 MYR = 7.659 THB
1 THB = 0.012 OMR
1 OMR = 84.142 THB
1 THB = 47.417 NGN
1 NGN = 0.021 THB
1 THB = 0.130 PGK
1 PGK = 7.664 THB
1 THB = 0.031 PAB
1 PAB = 32.378 THB
1 THB = 0.108 PEN
1 PEN = 9.224 THB
1 THB = 0.310 NOK
1 NOK = 3.222 THB
1 THB = 0.112 PLN
1 PLN = 8.908 THB
1 THB = 223.801 PYG
1 PYG = 0.004 THB
1 THB = 0.112 QAR
1 QAR = 8.895 THB
1 THB = 0.262 SBD
1 SBD = 3.810 THB
1 THB = 0.116 SAR
1 SAR = 8.634 THB
1 THB = 0.040 SGD
1 SGD = 25.272 THB
1 THB = 702.455 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.937 TWD
1 TWD = 1.067 THB
1 THB = 1.278 UAH
1 UAH = 0.783 THB
1 THB = 110.027 UGX
1 UGX = 0.009 THB
1 THB = 1.165 SRD
1 SRD = 0.858 THB
1 THB = 652.397 STD
1 STD = 0.002 THB
1 THB = 1.267 TRY
1 TRY = 0.789 THB
1 THB = 0.210 TTD
1 TTD = 4.769 THB
1 THB = 0.074 TOP
1 TOP = 13.445 THB
1 THB = 383.486 UZS
1 UZS = 0.003 THB
1 THB = 7.418 YER
1 YER = 0.135 THB
1 THB = 0.539 ZAR
1 ZAR = 1.855 THB
1 THB = 3.086 RSD
1 RSD = 0.324 THB
1 THB = 2.488 RUB
1 RUB = 0.402 THB
1 THB = 17.635 SOS
1 SOS = 0.057 THB
1 THB = 0.270 SVC
1 SVC = 3.700 THB
1 THB = 401.560 SYP
1 SYP = 0.002 THB
1 THB = 0.539 SZL
1 SZL = 1.855 THB
1 THB = 0.090 TND
1 TND = 11.129 THB
1 THB = 1.238 UYU
1 UYU = 0.808 THB
1 THB = 814.318 VND
1 VND = 0.001 THB
1 THB = 3.706 VUV
1 VUV = 0.270 THB
1 THB = 0.084 WST
1 WST = 11.922 THB
1 THB = 17.279 XAF
1 XAF = 0.058 THB
1 THB = 0.084 XCD
1 XCD = 11.961 THB
1 THB = 0.446 SCR
1 SCR = 2.241 THB
1 THB = 0.293 SEK
1 SEK = 3.408 THB
1 THB = 0.023 SHP
1 SHP = 43.815 THB
1 THB = 77.108 TZS
1 TZS = 0.013 THB
1 THB = 0.031 USD
1 USD = 32.378 THB
1 THB = 3.143 XPF
1 XPF = 0.318 THB
1 THB = 17.279 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.