Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.047 AUD
1 AUD = 21.245 THB
1 THB = 31.543 ARS
1 ARS = 0.032 THB
1 THB = 87.673 BIF
1 BIF = 0.011 THB
1 THB = 0.011 BHD
1 BHD = 89.872 THB
1 THB = 0.205 BOB
1 BOB = 4.888 THB
1 THB = 0.050 AZN
1 AZN = 19.878 THB
1 THB = 2.576 BTN
1 BTN = 0.388 THB
1 THB = 14.898 CRC
1 CRC = 0.067 THB
1 THB = 0.684 CZK
1 CZK = 1.462 THB
1 THB = 0.214 CNY
1 CNY = 4.663 THB
1 THB = 0.203 DKK
1 DKK = 4.918 THB
1 THB = 3.829 ETB
1 ETB = 0.261 THB
1 THB = 255.933 GNF
1 GNF = 0.004 THB
1 THB = 0.205 HRK
1 HRK = 4.869 THB
1 THB = 485.801 IDR
1 IDR = 0.002 THB
1 THB = 4.648 JMD
1 JMD = 0.215 THB
1 THB = 2.595 KGS
1 KGS = 0.385 THB
1 THB = 0.053 BAM
1 BAM = 18.758 THB
1 THB = 0.053 ANG
1 ANG = 18.748 THB
1 THB = 0.405 BWP
1 BWP = 2.468 THB
1 THB = 0.040 BND
1 BND = 25.297 THB
1 THB = 84.754 CDF
1 CDF = 0.012 THB
1 THB = 0.060 BZD
1 BZD = 16.799 THB
1 THB = 967.691 BYR
1 BYR = 0.001 THB
1 THB = 0.053 BGN
1 BGN = 18.758 THB
1 THB = 0.043 CAD
1 CAD = 23.490 THB
1 THB = 3.952 DZD
1 DZD = 0.253 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 = 14.700 THB
1 THB = 0.023 GBP
1 GBP = 43.752 THB
1 THB = 0.023 FKP
1 FKP = 43.752 THB
1 THB = 0.228 GTQ
1 GTQ = 4.383 THB
1 THB = 0.230 HKD
1 HKD = 4.348 THB
1 THB = 10.912 HUF
1 HUF = 0.092 THB
1 THB = 38.735 IQD
1 IQD = 0.026 THB
1 THB = 1245.398 IRR
1 IRR = 0.001 THB
1 THB = 13.410 KMF
1 KMF = 0.075 THB
1 THB = 43.057 KRW
1 KRW = 0.023 THB
1 THB = 2.710 ALL
1 ALL = 0.369 THB
1 THB = 3.596 BDT
1 BDT = 0.278 THB
1 THB = 0.053 AWG
1 AWG = 18.878 THB
1 THB = 0.172 BRL
1 BRL = 5.811 THB
1 THB = 0.000 BCH
1 BCH = 11351.025 THB
1 THB = 0.000 BTC
1 BTC = 2816000.000 THB
1 THB = 0.109 AED
1 AED = 9.201 THB
1 THB = 27.216 AOA
1 AOA = 0.037 THB
1 THB = 0.030 BSD
1 BSD = 33.792 THB
1 THB = 27.823 CLP
1 CLP = 0.036 THB
1 THB = 0.097 BYN
1 BYN = 10.334 THB
1 THB = 121.529 COP
1 COP = 0.008 THB
1 THB = 0.710 CUP
1 CUP = 1.408 THB
1 THB = 0.000 ETH
1 ETH = 65743.191 THB
1 THB = 0.027 EUR
1 EUR = 36.687 THB
1 THB = 0.757 HNL
1 HNL = 1.320 THB
1 THB = 2.133 GMD
1 GMD = 0.469 THB
1 THB = 0.023 GIP
1 GIP = 43.752 THB
1 THB = 3.884 HTG
1 HTG = 0.257 THB
1 THB = 0.021 JOD
1 JOD = 47.661 THB
1 THB = 4.382 JPY
1 JPY = 0.228 THB
1 THB = 2.097 AFN
1 AFN = 0.477 THB
1 THB = 0.059 BBD
1 BBD = 16.896 THB
1 THB = 0.030 BMD
1 BMD = 33.792 THB
1 THB = 11.581 AMD
1 AMD = 0.086 THB
1 THB = 0.026 CHF
1 CHF = 38.301 THB
1 THB = 5.265 DJF
1 DJF = 0.190 THB
1 THB = 1.855 DOP
1 DOP = 0.539 THB
1 THB = 3.006 CVE
1 CVE = 0.333 THB
1 THB = 0.082 GEL
1 GEL = 12.182 THB
1 THB = 0.459 GHS
1 GHS = 2.180 THB
1 THB = 6.181 GYD
1 GYD = 0.162 THB
1 THB = 0.108 ILS
1 ILS = 9.249 THB
1 THB = 2.576 INR
1 INR = 0.388 THB
1 THB = 3.983 ISK
1 ISK = 0.251 THB
1 THB = 118.818 KHR
1 KHR = 0.008 THB
1 THB = 3.830 KES
1 KES = 0.261 THB
1 THB = 0.009 KWD
1 KWD = 109.682 THB
1 THB = 14.634 KZT
1 KZT = 0.068 THB
1 THB = 8.743 LKR
1 LKR = 0.114 THB
1 THB = 0.287 MAD
1 MAD = 3.484 THB
1 THB = 62.112 MMK
1 MMK = 0.016 THB
1 THB = 102.730 MNT
1 MNT = 0.010 THB
1 THB = 1.333 MUR
1 MUR = 0.750 THB
1 THB = 11.763 MRO
1 MRO = 0.085 THB
1 THB = 0.457 MVR
1 MVR = 2.189 THB
1 THB = 51.378 MWK
1 MWK = 0.019 THB
1 THB = 0.052 NZD
1 NZD = 19.261 THB
1 THB = 4.123 NPR
1 NPR = 0.243 THB
1 THB = 1.698 PHP
1 PHP = 0.589 THB
1 THB = 8.287 PKR
1 PKR = 0.121 THB
1 THB = 42.044 RWF
1 RWF = 0.024 THB
1 THB = 0.000 LTC
1 LTC = 3053.678 THB
1 THB = 0.597 MXN
1 MXN = 1.676 THB
1 THB = 1.089 NIO
1 NIO = 0.918 THB
1 THB = 0.136 RON
1 RON = 7.370 THB
1 THB = 26.633 KPW
1 KPW = 0.038 THB
1 THB = 0.025 KYD
1 KYD = 40.632 THB
1 THB = 2651.995 LBP
1 LBP = 0.000 THB
1 THB = 0.143 LYD
1 LYD = 7.013 THB
1 THB = 641.673 LAK
1 LAK = 0.002 THB
1 THB = 138.483 MGA
1 MGA = 0.007 THB
1 THB = 5.916 LRD
1 LRD = 0.169 THB
1 THB = 1.675 MKD
1 MKD = 0.597 THB
1 THB = 0.545 LSL
1 LSL = 1.837 THB
1 THB = 0.237 MOP
1 MOP = 4.221 THB
1 THB = 0.538 MDL
1 MDL = 1.860 THB
1 THB = 0.545 NAD
1 NAD = 1.837 THB
1 THB = 0.131 MYR
1 MYR = 7.617 THB
1 THB = 0.011 OMR
1 OMR = 87.769 THB
1 THB = 45.930 NGN
1 NGN = 0.022 THB
1 THB = 0.119 PGK
1 PGK = 8.372 THB
1 THB = 0.030 PAB
1 PAB = 33.792 THB
1 THB = 0.109 PEN
1 PEN = 9.214 THB
1 THB = 0.316 NOK
1 NOK = 3.162 THB
1 THB = 0.114 PLN
1 PLN = 8.740 THB
1 THB = 234.465 PYG
1 PYG = 0.004 THB
1 THB = 0.108 QAR
1 QAR = 9.284 THB
1 THB = 0.252 SBD
1 SBD = 3.961 THB
1 THB = 0.111 SAR
1 SAR = 9.011 THB
1 THB = 0.040 SGD
1 SGD = 25.297 THB
1 THB = 675.728 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.976 TWD
1 TWD = 1.025 THB
1 THB = 1.227 UAH
1 UAH = 0.815 THB
1 THB = 108.454 UGX
1 UGX = 0.009 THB
1 THB = 1.077 SRD
1 SRD = 0.928 THB
1 THB = 674.426 STD
1 STD = 0.001 THB
1 THB = 1.084 TRY
1 TRY = 0.923 THB
1 THB = 0.201 TTD
1 TTD = 4.975 THB
1 THB = 0.071 TOP
1 TOP = 14.031 THB
1 THB = 383.105 UZS
1 UZS = 0.003 THB
1 THB = 7.304 YER
1 YER = 0.137 THB
1 THB = 0.545 ZAR
1 ZAR = 1.837 THB
1 THB = 3.192 RSD
1 RSD = 0.313 THB
1 THB = 2.563 RUB
1 RUB = 0.390 THB
1 THB = 16.904 SOS
1 SOS = 0.059 THB
1 THB = 0.259 SVC
1 SVC = 3.862 THB
1 THB = 384.763 SYP
1 SYP = 0.003 THB
1 THB = 0.545 SZL
1 SZL = 1.837 THB
1 THB = 0.091 TND
1 TND = 10.936 THB
1 THB = 1.255 UYU
1 UYU = 0.797 THB
1 THB = 752.980 VND
1 VND = 0.001 THB
1 THB = 3.647 VUV
1 VUV = 0.274 THB
1 THB = 0.082 WST
1 WST = 12.139 THB
1 THB = 17.880 XAF
1 XAF = 0.056 THB
1 THB = 0.080 XCD
1 XCD = 12.481 THB
1 THB = 0.427 SCR
1 SCR = 2.341 THB
1 THB = 0.302 SEK
1 SEK = 3.315 THB
1 THB = 0.023 SHP
1 SHP = 43.752 THB
1 THB = 78.204 TZS
1 TZS = 0.013 THB
1 THB = 0.030 USD
1 USD = 33.792 THB
1 THB = 3.253 XPF
1 XPF = 0.307 THB
1 THB = 17.880 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.