Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.047 AUD
1 AUD = 21.311 THB
1 THB = 31.540 ARS
1 ARS = 0.032 THB
1 THB = 87.773 BIF
1 BIF = 0.011 THB
1 THB = 0.011 BHD
1 BHD = 89.654 THB
1 THB = 0.205 BOB
1 BOB = 4.885 THB
1 THB = 0.050 AZN
1 AZN = 19.879 THB
1 THB = 2.584 BTN
1 BTN = 0.387 THB
1 THB = 14.813 CRC
1 CRC = 0.068 THB
1 THB = 0.680 CZK
1 CZK = 1.470 THB
1 THB = 0.214 CNY
1 CNY = 4.667 THB
1 THB = 0.203 DKK
1 DKK = 4.931 THB
1 THB = 3.885 ETB
1 ETB = 0.257 THB
1 THB = 256.141 GNF
1 GNF = 0.004 THB
1 THB = 0.205 HRK
1 HRK = 4.881 THB
1 THB = 485.826 IDR
1 IDR = 0.002 THB
1 THB = 4.654 JMD
1 JMD = 0.215 THB
1 THB = 2.588 KGS
1 KGS = 0.386 THB
1 THB = 0.053 BAM
1 BAM = 18.816 THB
1 THB = 0.053 ANG
1 ANG = 18.731 THB
1 THB = 0.406 BWP
1 BWP = 2.463 THB
1 THB = 0.040 BND
1 BND = 25.301 THB
1 THB = 84.839 CDF
1 CDF = 0.012 THB
1 THB = 0.060 BZD
1 BZD = 16.806 THB
1 THB = 967.599 BYR
1 BYR = 0.001 THB
1 THB = 0.053 BGN
1 BGN = 18.817 THB
1 THB = 0.043 CAD
1 CAD = 23.477 THB
1 THB = 3.942 DZD
1 DZD = 0.254 THB
1 THB = 0.444 ERN
1 ERN = 2.253 THB
1 THB = 1.499 EGP
1 EGP = 0.667 THB
1 THB = 0.068 FJD
1 FJD = 14.731 THB
1 THB = 0.023 GBP
1 GBP = 43.793 THB
1 THB = 0.023 FKP
1 FKP = 43.793 THB
1 THB = 0.228 GTQ
1 GTQ = 4.378 THB
1 THB = 0.230 HKD
1 HKD = 4.348 THB
1 THB = 10.852 HUF
1 HUF = 0.092 THB
1 THB = 38.805 IQD
1 IQD = 0.026 THB
1 THB = 1245.746 IRR
1 IRR = 0.001 THB
1 THB = 13.370 KMF
1 KMF = 0.075 THB
1 THB = 43.011 KRW
1 KRW = 0.023 THB
1 THB = 2.706 ALL
1 ALL = 0.370 THB
1 THB = 3.599 BDT
1 BDT = 0.278 THB
1 THB = 0.053 AWG
1 AWG = 18.775 THB
1 THB = 0.172 BRL
1 BRL = 5.828 THB
1 THB = 0.000 BCH
1 BCH = 11413.374 THB
1 THB = 0.000 BTC
1 BTC = 2816250.000 THB
1 THB = 0.109 AED
1 AED = 9.201 THB
1 THB = 27.036 AOA
1 AOA = 0.037 THB
1 THB = 0.030 BSD
1 BSD = 33.795 THB
1 THB = 27.788 CLP
1 CLP = 0.036 THB
1 THB = 0.097 BYN
1 BYN = 10.315 THB
1 THB = 122.418 COP
1 COP = 0.008 THB
1 THB = 0.762 CUP
1 CUP = 1.312 THB
1 THB = 0.000 ETH
1 ETH = 63168.224 THB
1 THB = 0.027 EUR
1 EUR = 36.786 THB
1 THB = 0.758 HNL
1 HNL = 1.320 THB
1 THB = 2.130 GMD
1 GMD = 0.469 THB
1 THB = 0.023 GIP
1 GIP = 43.793 THB
1 THB = 3.885 HTG
1 HTG = 0.257 THB
1 THB = 0.021 JOD
1 JOD = 47.646 THB
1 THB = 4.371 JPY
1 JPY = 0.229 THB
1 THB = 2.097 AFN
1 AFN = 0.477 THB
1 THB = 0.059 BBD
1 BBD = 16.898 THB
1 THB = 0.030 BMD
1 BMD = 33.795 THB
1 THB = 11.628 AMD
1 AMD = 0.086 THB
1 THB = 0.026 CHF
1 CHF = 38.335 THB
1 THB = 5.275 DJF
1 DJF = 0.190 THB
1 THB = 1.858 DOP
1 DOP = 0.538 THB
1 THB = 2.996 CVE
1 CVE = 0.334 THB
1 THB = 0.082 GEL
1 GEL = 12.178 THB
1 THB = 0.459 GHS
1 GHS = 2.178 THB
1 THB = 6.198 GYD
1 GYD = 0.161 THB
1 THB = 0.108 ILS
1 ILS = 9.285 THB
1 THB = 2.576 INR
1 INR = 0.388 THB
1 THB = 3.983 ISK
1 ISK = 0.251 THB
1 THB = 118.725 KHR
1 KHR = 0.008 THB
1 THB = 3.827 KES
1 KES = 0.261 THB
1 THB = 0.009 KWD
1 KWD = 109.713 THB
1 THB = 14.560 KZT
1 KZT = 0.069 THB
1 THB = 8.750 LKR
1 LKR = 0.114 THB
1 THB = 0.287 MAD
1 MAD = 3.485 THB
1 THB = 62.080 MMK
1 MMK = 0.016 THB
1 THB = 100.547 MNT
1 MNT = 0.010 THB
1 THB = 1.333 MUR
1 MUR = 0.750 THB
1 THB = 11.800 MRO
1 MRO = 0.085 THB
1 THB = 0.456 MVR
1 MVR = 2.193 THB
1 THB = 51.365 MWK
1 MWK = 0.019 THB
1 THB = 0.052 NZD
1 NZD = 19.341 THB
1 THB = 4.134 NPR
1 NPR = 0.242 THB
1 THB = 1.695 PHP
1 PHP = 0.590 THB
1 THB = 8.296 PKR
1 PKR = 0.121 THB
1 THB = 42.169 RWF
1 RWF = 0.024 THB
1 THB = 0.000 LTC
1 LTC = 3015.526 THB
1 THB = 0.597 MXN
1 MXN = 1.674 THB
1 THB = 1.090 NIO
1 NIO = 0.917 THB
1 THB = 0.135 RON
1 RON = 7.391 THB
1 THB = 26.631 KPW
1 KPW = 0.038 THB
1 THB = 0.025 KYD
1 KYD = 40.510 THB
1 THB = 2654.606 LBP
1 LBP = 0.000 THB
1 THB = 0.143 LYD
1 LYD = 7.013 THB
1 THB = 641.391 LAK
1 LAK = 0.002 THB
1 THB = 138.072 MGA
1 MGA = 0.007 THB
1 THB = 5.925 LRD
1 LRD = 0.169 THB
1 THB = 1.673 MKD
1 MKD = 0.598 THB
1 THB = 0.546 LSL
1 LSL = 1.833 THB
1 THB = 0.237 MOP
1 MOP = 4.218 THB
1 THB = 0.528 MDL
1 MDL = 1.895 THB
1 THB = 0.546 NAD
1 NAD = 1.833 THB
1 THB = 0.131 MYR
1 MYR = 7.625 THB
1 THB = 0.011 OMR
1 OMR = 87.777 THB
1 THB = 45.453 NGN
1 NGN = 0.022 THB
1 THB = 0.119 PGK
1 PGK = 8.386 THB
1 THB = 0.030 PAB
1 PAB = 33.795 THB
1 THB = 0.109 PEN
1 PEN = 9.215 THB
1 THB = 0.315 NOK
1 NOK = 3.178 THB
1 THB = 0.114 PLN
1 PLN = 8.775 THB
1 THB = 234.923 PYG
1 PYG = 0.004 THB
1 THB = 0.108 QAR
1 QAR = 9.267 THB
1 THB = 0.249 SBD
1 SBD = 4.018 THB
1 THB = 0.111 SAR
1 SAR = 9.011 THB
1 THB = 0.039 SGD
1 SGD = 25.360 THB
1 THB = 620.491 SLL
1 SLL = 0.002 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.975 TWD
1 TWD = 1.025 THB
1 THB = 1.231 UAH
1 UAH = 0.813 THB
1 THB = 108.616 UGX
1 UGX = 0.009 THB
1 THB = 1.070 SRD
1 SRD = 0.934 THB
1 THB = 659.322 STD
1 STD = 0.002 THB
1 THB = 1.083 TRY
1 TRY = 0.924 THB
1 THB = 0.201 TTD
1 TTD = 4.974 THB
1 THB = 0.071 TOP
1 TOP = 14.035 THB
1 THB = 383.074 UZS
1 UZS = 0.003 THB
1 THB = 7.301 YER
1 YER = 0.137 THB
1 THB = 0.543 ZAR
1 ZAR = 1.840 THB
1 THB = 3.183 RSD
1 RSD = 0.314 THB
1 THB = 2.579 RUB
1 RUB = 0.388 THB
1 THB = 16.929 SOS
1 SOS = 0.059 THB
1 THB = 0.259 SVC
1 SVC = 3.858 THB
1 THB = 384.731 SYP
1 SYP = 0.003 THB
1 THB = 0.546 SZL
1 SZL = 1.832 THB
1 THB = 0.091 TND
1 TND = 10.958 THB
1 THB = 1.255 UYU
1 UYU = 0.797 THB
1 THB = 753.795 VND
1 VND = 0.001 THB
1 THB = 3.513 VUV
1 VUV = 0.285 THB
1 THB = 0.083 WST
1 WST = 12.070 THB
1 THB = 17.831 XAF
1 XAF = 0.056 THB
1 THB = 0.080 XCD
1 XCD = 12.505 THB
1 THB = 0.436 SCR
1 SCR = 2.296 THB
1 THB = 0.299 SEK
1 SEK = 3.349 THB
1 THB = 0.023 SHP
1 SHP = 43.793 THB
1 THB = 78.266 TZS
1 TZS = 0.013 THB
1 THB = 0.030 USD
1 USD = 33.795 THB
1 THB = 3.244 XPF
1 XPF = 0.308 THB
1 THB = 17.831 XOF
1 XOF = 0.056 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.