Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.048 AUD
1 AUD = 21.019 THB
1 THB = 41.982 ARS
1 ARS = 0.024 THB
1 THB = 90.540 BIF
1 BIF = 0.011 THB
1 THB = 0.012 BHD
1 BHD = 86.378 THB
1 THB = 0.213 BOB
1 BOB = 4.703 THB
1 THB = 0.052 AZN
1 AZN = 19.105 THB
1 THB = 2.688 BTN
1 BTN = 0.372 THB
1 THB = 15.568 CRC
1 CRC = 0.064 THB
1 THB = 0.654 CZK
1 CZK = 1.529 THB
1 THB = 0.222 CNY
1 CNY = 4.503 THB
1 THB = 0.198 DKK
1 DKK = 5.043 THB
1 THB = 4.255 ETB
1 ETB = 0.235 THB
1 THB = 267.271 GNF
1 GNF = 0.004 THB
1 THB = 0.200 HRK
1 HRK = 4.993 THB
1 THB = 504.298 IDR
1 IDR = 0.002 THB
1 THB = 4.934 JMD
1 JMD = 0.203 THB
1 THB = 2.693 KGS
1 KGS = 0.371 THB
1 THB = 0.052 BAM
1 BAM = 19.236 THB
1 THB = 0.055 ANG
1 ANG = 18.073 THB
1 THB = 0.437 BWP
1 BWP = 2.290 THB
1 THB = 0.040 BND
1 BND = 25.192 THB
1 THB = 88.751 CDF
1 CDF = 0.011 THB
1 THB = 0.062 BZD
1 BZD = 16.120 THB
1 THB = 1009.822 BYR
1 BYR = 0.001 THB
1 THB = 0.052 BGN
1 BGN = 19.236 THB
1 THB = 0.042 CAD
1 CAD = 23.554 THB
1 THB = 4.032 DZD
1 DZD = 0.248 THB
1 THB = 0.462 ERN
1 ERN = 2.165 THB
1 THB = 1.499 EGP
1 EGP = 0.667 THB
1 THB = 0.070 FJD
1 FJD = 14.335 THB
1 THB = 0.023 GBP
1 GBP = 43.101 THB
1 THB = 0.023 FKP
1 FKP = 43.101 THB
1 THB = 0.236 GTQ
1 GTQ = 4.233 THB
1 THB = 0.242 HKD
1 HKD = 4.138 THB
1 THB = 10.593 HUF
1 HUF = 0.094 THB
1 THB = 40.339 IQD
1 IQD = 0.025 THB
1 THB = 1296.684 IRR
1 IRR = 0.001 THB
1 THB = 13.077 KMF
1 KMF = 0.076 THB
1 THB = 42.734 KRW
1 KRW = 0.023 THB
1 THB = 2.605 ALL
1 ALL = 0.384 THB
1 THB = 3.764 BDT
1 BDT = 0.266 THB
1 THB = 0.055 AWG
1 AWG = 18.144 THB
1 THB = 0.171 BRL
1 BRL = 5.859 THB
1 THB = 0.000 BCH
1 BCH = 17442.535 THB
1 THB = 0.000 BTC
1 BTC = 3608666.667 THB
1 THB = 0.113 AED
1 AED = 8.844 THB
1 THB = 28.078 AOA
1 AOA = 0.036 THB
1 THB = 0.031 BSD
1 BSD = 32.478 THB
1 THB = 29.849 CLP
1 CLP = 0.034 THB
1 THB = 0.101 BYN
1 BYN = 9.903 THB
1 THB = 126.940 COP
1 COP = 0.008 THB
1 THB = 0.738 CUP
1 CUP = 1.354 THB
1 THB = 0.000 ETH
1 ETH = 115992.857 THB
1 THB = 0.027 EUR
1 EUR = 37.621 THB
1 THB = 0.807 HNL
1 HNL = 1.239 THB
1 THB = 2.237 GMD
1 GMD = 0.447 THB
1 THB = 0.023 GIP
1 GIP = 43.101 THB
1 THB = 4.042 HTG
1 HTG = 0.247 THB
1 THB = 0.022 JOD
1 JOD = 45.808 THB
1 THB = 4.551 JPY
1 JPY = 0.220 THB
1 THB = 2.116 AFN
1 AFN = 0.473 THB
1 THB = 0.062 BBD
1 BBD = 16.239 THB
1 THB = 0.031 BMD
1 BMD = 32.478 THB
1 THB = 11.809 AMD
1 AMD = 0.085 THB
1 THB = 0.025 CHF
1 CHF = 40.396 THB
1 THB = 5.493 DJF
1 DJF = 0.182 THB
1 THB = 1.871 DOP
1 DOP = 0.534 THB
1 THB = 2.931 CVE
1 CVE = 0.341 THB
1 THB = 0.083 GEL
1 GEL = 12.007 THB
1 THB = 0.323 GHS
1 GHS = 3.095 THB
1 THB = 6.440 GYD
1 GYD = 0.155 THB
1 THB = 0.105 ILS
1 ILS = 9.518 THB
1 THB = 2.688 INR
1 INR = 0.372 THB
1 THB = 3.804 ISK
1 ISK = 0.263 THB
1 THB = 123.531 KHR
1 KHR = 0.008 THB
1 THB = 3.978 KES
1 KES = 0.251 THB
1 THB = 0.009 KWD
1 KWD = 106.328 THB
1 THB = 16.718 KZT
1 KZT = 0.060 THB
1 THB = 9.276 LKR
1 LKR = 0.108 THB
1 THB = 0.279 MAD
1 MAD = 3.578 THB
1 THB = 64.621 MMK
1 MMK = 0.015 THB
1 THB = 110.669 MNT
1 MNT = 0.009 THB
1 THB = 1.441 MUR
1 MUR = 0.694 THB
1 THB = 12.273 MRO
1 MRO = 0.081 THB
1 THB = 0.474 MVR
1 MVR = 2.108 THB
1 THB = 53.424 MWK
1 MWK = 0.019 THB
1 THB = 0.052 NZD
1 NZD = 19.214 THB
1 THB = 4.304 NPR
1 NPR = 0.232 THB
1 THB = 1.784 PHP
1 PHP = 0.561 THB
1 THB = 8.737 PKR
1 PKR = 0.114 THB
1 THB = 44.461 RWF
1 RWF = 0.022 THB
1 THB = 0.000 LTC
1 LTC = 3470.984 THB
1 THB = 0.581 MXN
1 MXN = 1.722 THB
1 THB = 1.133 NIO
1 NIO = 0.883 THB
1 THB = 0.135 RON
1 RON = 7.419 THB
1 THB = 27.711 KPW
1 KPW = 0.036 THB
1 THB = 0.025 KYD
1 KYD = 39.607 THB
1 THB = 2780.750 LBP
1 LBP = 0.000 THB
1 THB = 0.168 LYD
1 LYD = 5.955 THB
1 THB = 662.562 LAK
1 LAK = 0.002 THB
1 THB = 136.676 MGA
1 MGA = 0.007 THB
1 THB = 6.179 LRD
1 LRD = 0.162 THB
1 THB = 1.658 MKD
1 MKD = 0.603 THB
1 THB = 0.557 LSL
1 LSL = 1.797 THB
1 THB = 0.249 MOP
1 MOP = 4.017 THB
1 THB = 0.529 MDL
1 MDL = 1.889 THB
1 THB = 0.557 NAD
1 NAD = 1.797 THB
1 THB = 0.132 MYR
1 MYR = 7.593 THB
1 THB = 0.012 OMR
1 OMR = 84.354 THB
1 THB = 47.131 NGN
1 NGN = 0.021 THB
1 THB = 0.127 PGK
1 PGK = 7.882 THB
1 THB = 0.031 PAB
1 PAB = 32.478 THB
1 THB = 0.110 PEN
1 PEN = 9.065 THB
1 THB = 0.315 NOK
1 NOK = 3.170 THB
1 THB = 0.113 PLN
1 PLN = 8.812 THB
1 THB = 230.218 PYG
1 PYG = 0.004 THB
1 THB = 0.112 QAR
1 QAR = 8.923 THB
1 THB = 0.254 SBD
1 SBD = 3.930 THB
1 THB = 0.115 SAR
1 SAR = 8.661 THB
1 THB = 0.040 SGD
1 SGD = 25.192 THB
1 THB = 698.316 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.915 TWD
1 TWD = 1.093 THB
1 THB = 1.287 UAH
1 UAH = 0.777 THB
1 THB = 110.228 UGX
1 UGX = 0.009 THB
1 THB = 1.133 SRD
1 SRD = 0.883 THB
1 THB = 657.214 STD
1 STD = 0.002 THB
1 THB = 1.251 TRY
1 TRY = 0.800 THB
1 THB = 0.208 TTD
1 TTD = 4.798 THB
1 THB = 0.074 TOP
1 TOP = 13.547 THB
1 THB = 392.546 UZS
1 UZS = 0.003 THB
1 THB = 7.408 YER
1 YER = 0.135 THB
1 THB = 0.557 ZAR
1 ZAR = 1.797 THB
1 THB = 3.114 RSD
1 RSD = 0.321 THB
1 THB = 2.468 RUB
1 RUB = 0.405 THB
1 THB = 17.595 SOS
1 SOS = 0.057 THB
1 THB = 0.269 SVC
1 SVC = 3.712 THB
1 THB = 400.329 SYP
1 SYP = 0.002 THB
1 THB = 0.557 SZL
1 SZL = 1.797 THB
1 THB = 0.089 TND
1 TND = 11.196 THB
1 THB = 1.238 UYU
1 UYU = 0.808 THB
1 THB = 808.871 VND
1 VND = 0.001 THB
1 THB = 3.713 VUV
1 VUV = 0.269 THB
1 THB = 0.085 WST
1 WST = 11.702 THB
1 THB = 17.436 XAF
1 XAF = 0.057 THB
1 THB = 0.083 XCD
1 XCD = 12.019 THB
1 THB = 0.449 SCR
1 SCR = 2.229 THB
1 THB = 0.297 SEK
1 SEK = 3.364 THB
1 THB = 0.023 SHP
1 SHP = 43.101 THB
1 THB = 78.503 TZS
1 TZS = 0.013 THB
1 THB = 0.031 USD
1 USD = 32.478 THB
1 THB = 3.172 XPF
1 XPF = 0.315 THB
1 THB = 17.436 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.