Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.047 AUD
1 AUD = 21.105 THB
1 THB = 45.007 ARS
1 ARS = 0.022 THB
1 THB = 93.890 BIF
1 BIF = 0.011 THB
1 THB = 0.012 BHD
1 BHD = 84.330 THB
1 THB = 0.218 BOB
1 BOB = 4.586 THB
1 THB = 0.054 AZN
1 AZN = 18.652 THB
1 THB = 2.785 BTN
1 BTN = 0.359 THB
1 THB = 15.905 CRC
1 CRC = 0.063 THB
1 THB = 0.655 CZK
1 CZK = 1.527 THB
1 THB = 0.225 CNY
1 CNY = 4.454 THB
1 THB = 0.201 DKK
1 DKK = 4.984 THB
1 THB = 4.524 ETB
1 ETB = 0.221 THB
1 THB = 273.511 GNF
1 GNF = 0.004 THB
1 THB = 0.203 HRK
1 HRK = 4.937 THB
1 THB = 518.052 IDR
1 IDR = 0.002 THB
1 THB = 5.048 JMD
1 JMD = 0.198 THB
1 THB = 2.758 KGS
1 KGS = 0.363 THB
1 THB = 0.053 BAM
1 BAM = 19.020 THB
1 THB = 0.057 ANG
1 ANG = 17.601 THB
1 THB = 0.425 BWP
1 BWP = 2.355 THB
1 THB = 0.040 BND
1 BND = 24.741 THB
1 THB = 91.514 CDF
1 CDF = 0.011 THB
1 THB = 0.063 BZD
1 BZD = 15.755 THB
1 THB = 1066.043 BYR
1 BYR = 0.001 THB
1 THB = 0.053 BGN
1 BGN = 19.020 THB
1 THB = 0.044 CAD
1 CAD = 22.925 THB
1 THB = 4.092 DZD
1 DZD = 0.244 THB
1 THB = 0.473 ERN
1 ERN = 2.114 THB
1 THB = 1.521 EGP
1 EGP = 0.658 THB
1 THB = 0.071 FJD
1 FJD = 14.171 THB
1 THB = 0.023 GBP
1 GBP = 43.024 THB
1 THB = 0.023 FKP
1 FKP = 43.024 THB
1 THB = 0.242 GTQ
1 GTQ = 4.138 THB
1 THB = 0.246 HKD
1 HKD = 4.071 THB
1 THB = 10.528 HUF
1 HUF = 0.095 THB
1 THB = 41.297 IQD
1 IQD = 0.024 THB
1 THB = 1327.075 IRR
1 IRR = 0.001 THB
1 THB = 13.225 KMF
1 KMF = 0.076 THB
1 THB = 43.821 KRW
1 KRW = 0.023 THB
1 THB = 2.611 ALL
1 ALL = 0.383 THB
1 THB = 3.838 BDT
1 BDT = 0.261 THB
1 THB = 0.056 AWG
1 AWG = 17.714 THB
1 THB = 0.170 BRL
1 BRL = 5.893 THB
1 THB = 0.000 BCH
1 BCH = 18706.785 THB
1 THB = 0.000 BTC
1 BTC = 3523111.111 THB
1 THB = 0.116 AED
1 AED = 8.634 THB
1 THB = 28.844 AOA
1 AOA = 0.035 THB
1 THB = 0.032 BSD
1 BSD = 31.708 THB
1 THB = 30.069 CLP
1 CLP = 0.033 THB
1 THB = 0.107 BYN
1 BYN = 9.381 THB
1 THB = 123.176 COP
1 COP = 0.008 THB
1 THB = 0.757 CUP
1 CUP = 1.321 THB
1 THB = 0.000 ETH
1 ETH = 140300.885 THB
1 THB = 0.027 EUR
1 EUR = 37.201 THB
1 THB = 0.826 HNL
1 HNL = 1.211 THB
1 THB = 2.294 GMD
1 GMD = 0.436 THB
1 THB = 0.023 GIP
1 GIP = 43.024 THB
1 THB = 4.131 HTG
1 HTG = 0.242 THB
1 THB = 0.022 JOD
1 JOD = 44.722 THB
1 THB = 4.640 JPY
1 JPY = 0.215 THB
1 THB = 2.149 AFN
1 AFN = 0.465 THB
1 THB = 0.063 BBD
1 BBD = 15.854 THB
1 THB = 0.032 BMD
1 BMD = 31.708 THB
1 THB = 12.071 AMD
1 AMD = 0.083 THB
1 THB = 0.025 CHF
1 CHF = 39.832 THB
1 THB = 5.615 DJF
1 DJF = 0.178 THB
1 THB = 2.008 DOP
1 DOP = 0.498 THB
1 THB = 2.964 CVE
1 CVE = 0.337 THB
1 THB = 0.085 GEL
1 GEL = 11.755 THB
1 THB = 0.384 GHS
1 GHS = 2.605 THB
1 THB = 6.596 GYD
1 GYD = 0.152 THB
1 THB = 0.105 ILS
1 ILS = 9.540 THB
1 THB = 2.785 INR
1 INR = 0.359 THB
1 THB = 3.850 ISK
1 ISK = 0.260 THB
1 THB = 126.294 KHR
1 KHR = 0.008 THB
1 THB = 4.076 KES
1 KES = 0.245 THB
1 THB = 0.010 KWD
1 KWD = 103.855 THB
1 THB = 17.020 KZT
1 KZT = 0.059 THB
1 THB = 9.517 LKR
1 LKR = 0.105 THB
1 THB = 0.284 MAD
1 MAD = 3.522 THB
1 THB = 66.212 MMK
1 MMK = 0.015 THB
1 THB = 113.408 MNT
1 MNT = 0.009 THB
1 THB = 1.439 MUR
1 MUR = 0.695 THB
1 THB = 12.615 MRO
1 MRO = 0.079 THB
1 THB = 0.487 MVR
1 MVR = 2.053 THB
1 THB = 54.667 MWK
1 MWK = 0.018 THB
1 THB = 0.053 NZD
1 NZD = 18.934 THB
1 THB = 4.458 NPR
1 NPR = 0.224 THB
1 THB = 1.802 PHP
1 PHP = 0.555 THB
1 THB = 8.936 PKR
1 PKR = 0.112 THB
1 THB = 45.683 RWF
1 RWF = 0.022 THB
1 THB = 0.000 LTC
1 LTC = 3616.332 THB
1 THB = 0.584 MXN
1 MXN = 1.712 THB
1 THB = 1.160 NIO
1 NIO = 0.862 THB
1 THB = 0.136 RON
1 RON = 7.336 THB
1 THB = 28.383 KPW
1 KPW = 0.035 THB
1 THB = 0.026 KYD
1 KYD = 38.145 THB
1 THB = 2833.802 LBP
1 LBP = 0.000 THB
1 THB = 0.171 LYD
1 LYD = 5.862 THB
1 THB = 683.635 LAK
1 LAK = 0.001 THB
1 THB = 139.873 MGA
1 MGA = 0.007 THB
1 THB = 6.011 LRD
1 LRD = 0.166 THB
1 THB = 1.659 MKD
1 MKD = 0.603 THB
1 THB = 0.549 LSL
1 LSL = 1.823 THB
1 THB = 0.253 MOP
1 MOP = 3.952 THB
1 THB = 0.524 MDL
1 MDL = 1.907 THB
1 THB = 0.549 NAD
1 NAD = 1.823 THB
1 THB = 0.133 MYR
1 MYR = 7.513 THB
1 THB = 0.012 OMR
1 OMR = 82.378 THB
1 THB = 47.523 NGN
1 NGN = 0.021 THB
1 THB = 0.133 PGK
1 PGK = 7.492 THB
1 THB = 0.032 PAB
1 PAB = 31.708 THB
1 THB = 0.110 PEN
1 PEN = 9.116 THB
1 THB = 0.311 NOK
1 NOK = 3.212 THB
1 THB = 0.114 PLN
1 PLN = 8.742 THB
1 THB = 226.033 PYG
1 PYG = 0.004 THB
1 THB = 0.115 QAR
1 QAR = 8.711 THB
1 THB = 0.268 SBD
1 SBD = 3.730 THB
1 THB = 0.118 SAR
1 SAR = 8.455 THB
1 THB = 0.040 SGD
1 SGD = 24.741 THB
1 THB = 717.797 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.955 TWD
1 TWD = 1.047 THB
1 THB = 1.304 UAH
1 UAH = 0.767 THB
1 THB = 110.697 UGX
1 UGX = 0.009 THB
1 THB = 1.239 SRD
1 SRD = 0.807 THB
1 THB = 664.542 STD
1 STD = 0.002 THB
1 THB = 1.303 TRY
1 TRY = 0.768 THB
1 THB = 0.214 TTD
1 TTD = 4.668 THB
1 THB = 0.076 TOP
1 TOP = 13.197 THB
1 THB = 390.920 UZS
1 UZS = 0.003 THB
1 THB = 7.556 YER
1 YER = 0.132 THB
1 THB = 0.549 ZAR
1 ZAR = 1.823 THB
1 THB = 3.149 RSD
1 RSD = 0.318 THB
1 THB = 2.672 RUB
1 RUB = 0.374 THB
1 THB = 18.002 SOS
1 SOS = 0.056 THB
1 THB = 0.276 SVC
1 SVC = 3.624 THB
1 THB = 410.070 SYP
1 SYP = 0.002 THB
1 THB = 0.549 SZL
1 SZL = 1.823 THB
1 THB = 0.092 TND
1 TND = 10.918 THB
1 THB = 1.263 UYU
1 UYU = 0.792 THB
1 THB = 832.093 VND
1 VND = 0.001 THB
1 THB = 3.767 VUV
1 VUV = 0.265 THB
1 THB = 0.084 WST
1 WST = 11.881 THB
1 THB = 17.633 XAF
1 XAF = 0.057 THB
1 THB = 0.085 XCD
1 XCD = 11.718 THB
1 THB = 0.453 SCR
1 SCR = 2.207 THB
1 THB = 0.294 SEK
1 SEK = 3.403 THB
1 THB = 0.023 SHP
1 SHP = 43.024 THB
1 THB = 77.708 TZS
1 TZS = 0.013 THB
1 THB = 0.032 USD
1 USD = 31.708 THB
1 THB = 3.208 XPF
1 XPF = 0.312 THB
1 THB = 17.633 XOF
1 XOF = 0.057 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.