Thai baht

The Thai baht is the currency of Thailand (TH)
1 THB = 0.047 AUD
1 AUD = 21.239 THB
1 THB = 31.561 ARS
1 ARS = 0.032 THB
1 THB = 87.691 BIF
1 BIF = 0.011 THB
1 THB = 0.011 BHD
1 BHD = 89.824 THB
1 THB = 0.205 BOB
1 BOB = 4.885 THB
1 THB = 0.050 AZN
1 AZN = 19.867 THB
1 THB = 2.577 BTN
1 BTN = 0.388 THB
1 THB = 14.901 CRC
1 CRC = 0.067 THB
1 THB = 0.683 CZK
1 CZK = 1.463 THB
1 THB = 0.215 CNY
1 CNY = 4.661 THB
1 THB = 0.203 DKK
1 DKK = 4.921 THB
1 THB = 3.831 ETB
1 ETB = 0.261 THB
1 THB = 256.032 GNF
1 GNF = 0.004 THB
1 THB = 0.208 HRK
1 HRK = 4.811 THB
1 THB = 486.087 IDR
1 IDR = 0.002 THB
1 THB = 4.650 JMD
1 JMD = 0.215 THB
1 THB = 2.597 KGS
1 KGS = 0.385 THB
1 THB = 0.053 BAM
1 BAM = 18.767 THB
1 THB = 0.053 ANG
1 ANG = 18.734 THB
1 THB = 0.405 BWP
1 BWP = 2.469 THB
1 THB = 0.040 BND
1 BND = 25.292 THB
1 THB = 84.799 CDF
1 CDF = 0.012 THB
1 THB = 0.060 BZD
1 BZD = 16.787 THB
1 THB = 968.200 BYR
1 BYR = 0.001 THB
1 THB = 0.053 BGN
1 BGN = 18.767 THB
1 THB = 0.043 CAD
1 CAD = 23.490 THB
1 THB = 3.950 DZD
1 DZD = 0.253 THB
1 THB = 0.444 ERN
1 ERN = 2.252 THB
1 THB = 1.500 EGP
1 EGP = 0.667 THB
1 THB = 0.068 FJD
1 FJD = 14.696 THB
1 THB = 0.023 GBP
1 GBP = 43.732 THB
1 THB = 0.023 FKP
1 FKP = 43.732 THB
1 THB = 0.228 GTQ
1 GTQ = 4.380 THB
1 THB = 0.230 HKD
1 HKD = 4.346 THB
1 THB = 10.913 HUF
1 HUF = 0.092 THB
1 THB = 38.777 IQD
1 IQD = 0.026 THB
1 THB = 1246.037 IRR
1 IRR = 0.001 THB
1 THB = 13.403 KMF
1 KMF = 0.075 THB
1 THB = 43.091 KRW
1 KRW = 0.023 THB
1 THB = 2.710 ALL
1 ALL = 0.369 THB
1 THB = 3.599 BDT
1 BDT = 0.278 THB
1 THB = 0.053 AWG
1 AWG = 18.868 THB
1 THB = 0.172 BRL
1 BRL = 5.825 THB
1 THB = 0.000 BCH
1 BCH = 11356.355 THB
1 THB = 0.000 BTC
1 BTC = 2814483.333 THB
1 THB = 0.109 AED
1 AED = 9.196 THB
1 THB = 27.232 AOA
1 AOA = 0.037 THB
1 THB = 0.030 BSD
1 BSD = 33.774 THB
1 THB = 27.819 CLP
1 CLP = 0.036 THB
1 THB = 0.097 BYN
1 BYN = 10.328 THB
1 THB = 121.593 COP
1 COP = 0.008 THB
1 THB = 0.711 CUP
1 CUP = 1.407 THB
1 THB = 0.000 ETH
1 ETH = 63844.612 THB
1 THB = 0.027 EUR
1 EUR = 36.705 THB
1 THB = 0.758 HNL
1 HNL = 1.319 THB
1 THB = 2.134 GMD
1 GMD = 0.469 THB
1 THB = 0.023 GIP
1 GIP = 43.732 THB
1 THB = 3.887 HTG
1 HTG = 0.257 THB
1 THB = 0.021 JOD
1 JOD = 47.636 THB
1 THB = 4.383 JPY
1 JPY = 0.228 THB
1 THB = 2.098 AFN
1 AFN = 0.477 THB
1 THB = 0.059 BBD
1 BBD = 16.887 THB
1 THB = 0.030 BMD
1 BMD = 33.774 THB
1 THB = 11.588 AMD
1 AMD = 0.086 THB
1 THB = 0.026 CHF
1 CHF = 38.286 THB
1 THB = 5.267 DJF
1 DJF = 0.190 THB
1 THB = 1.857 DOP
1 DOP = 0.539 THB
1 THB = 3.004 CVE
1 CVE = 0.333 THB
1 THB = 0.082 GEL
1 GEL = 12.176 THB
1 THB = 0.459 GHS
1 GHS = 2.178 THB
1 THB = 6.186 GYD
1 GYD = 0.162 THB
1 THB = 0.108 ILS
1 ILS = 9.253 THB
1 THB = 2.577 INR
1 INR = 0.388 THB
1 THB = 3.981 ISK
1 ISK = 0.251 THB
1 THB = 118.638 KHR
1 KHR = 0.008 THB
1 THB = 3.832 KES
1 KES = 0.261 THB
1 THB = 0.009 KWD
1 KWD = 109.619 THB
1 THB = 14.732 KZT
1 KZT = 0.068 THB
1 THB = 8.754 LKR
1 LKR = 0.114 THB
1 THB = 0.287 MAD
1 MAD = 3.484 THB
1 THB = 62.152 MMK
1 MMK = 0.016 THB
1 THB = 102.816 MNT
1 MNT = 0.010 THB
1 THB = 1.334 MUR
1 MUR = 0.750 THB
1 THB = 11.781 MRO
1 MRO = 0.085 THB
1 THB = 0.457 MVR
1 MVR = 2.188 THB
1 THB = 51.357 MWK
1 MWK = 0.019 THB
1 THB = 0.052 NZD
1 NZD = 19.248 THB
1 THB = 4.126 NPR
1 NPR = 0.242 THB
1 THB = 1.699 PHP
1 PHP = 0.589 THB
1 THB = 8.295 PKR
1 PKR = 0.121 THB
1 THB = 42.025 RWF
1 RWF = 0.024 THB
1 THB = 0.000 LTC
1 LTC = 3050.930 THB
1 THB = 0.597 MXN
1 MXN = 1.675 THB
1 THB = 1.090 NIO
1 NIO = 0.918 THB
1 THB = 0.136 RON
1 RON = 7.374 THB
1 THB = 26.648 KPW
1 KPW = 0.038 THB
1 THB = 0.025 KYD
1 KYD = 40.608 THB
1 THB = 2656.805 LBP
1 LBP = 0.000 THB
1 THB = 0.143 LYD
1 LYD = 7.007 THB
1 THB = 641.853 LAK
1 LAK = 0.002 THB
1 THB = 138.423 MGA
1 MGA = 0.007 THB
1 THB = 5.920 LRD
1 LRD = 0.169 THB
1 THB = 1.676 MKD
1 MKD = 0.597 THB
1 THB = 0.544 LSL
1 LSL = 1.839 THB
1 THB = 0.237 MOP
1 MOP = 4.219 THB
1 THB = 0.538 MDL
1 MDL = 1.859 THB
1 THB = 0.544 NAD
1 NAD = 1.839 THB
1 THB = 0.131 MYR
1 MYR = 7.613 THB
1 THB = 0.011 OMR
1 OMR = 87.723 THB
1 THB = 45.711 NGN
1 NGN = 0.022 THB
1 THB = 0.119 PGK
1 PGK = 8.372 THB
1 THB = 0.030 PAB
1 PAB = 33.774 THB
1 THB = 0.109 PEN
1 PEN = 9.213 THB
1 THB = 0.316 NOK
1 NOK = 3.163 THB
1 THB = 0.114 PLN
1 PLN = 8.741 THB
1 THB = 234.630 PYG
1 PYG = 0.004 THB
1 THB = 0.108 QAR
1 QAR = 9.279 THB
1 THB = 0.252 SBD
1 SBD = 3.963 THB
1 THB = 0.111 SAR
1 SAR = 9.006 THB
1 THB = 0.040 SGD
1 SGD = 25.292 THB
1 THB = 672.071 SLL
1 SLL = 0.001 THB
1 THB = 1.000 THB
1 THB = 1.000 THB
1 THB = 0.977 TWD
1 TWD = 1.024 THB
1 THB = 1.228 UAH
1 UAH = 0.815 THB
1 THB = 108.526 UGX
1 UGX = 0.009 THB
1 THB = 1.078 SRD
1 SRD = 0.928 THB
1 THB = 673.972 STD
1 STD = 0.001 THB
1 THB = 1.084 TRY
1 TRY = 0.923 THB
1 THB = 0.201 TTD
1 TTD = 4.974 THB
1 THB = 0.071 TOP
1 TOP = 14.024 THB
1 THB = 383.416 UZS
1 UZS = 0.003 THB
1 THB = 7.307 YER
1 YER = 0.137 THB
1 THB = 0.544 ZAR
1 ZAR = 1.839 THB
1 THB = 3.191 RSD
1 RSD = 0.313 THB
1 THB = 2.550 RUB
1 RUB = 0.392 THB
1 THB = 16.914 SOS
1 SOS = 0.059 THB
1 THB = 0.259 SVC
1 SVC = 3.860 THB
1 THB = 384.970 SYP
1 SYP = 0.003 THB
1 THB = 0.544 SZL
1 SZL = 1.839 THB
1 THB = 0.091 TND
1 TND = 10.938 THB
1 THB = 1.253 UYU
1 UYU = 0.798 THB
1 THB = 754.040 VND
1 VND = 0.001 THB
1 THB = 3.649 VUV
1 VUV = 0.274 THB
1 THB = 0.084 WST
1 WST = 11.964 THB
1 THB = 17.871 XAF
1 XAF = 0.056 THB
1 THB = 0.080 XCD
1 XCD = 12.475 THB
1 THB = 0.425 SCR
1 SCR = 2.351 THB
1 THB = 0.301 SEK
1 SEK = 3.320 THB
1 THB = 0.023 SHP
1 SHP = 43.732 THB
1 THB = 78.247 TZS
1 TZS = 0.013 THB
1 THB = 0.030 USD
1 USD = 33.774 THB
1 THB = 3.251 XPF
1 XPF = 0.308 THB
1 THB = 17.871 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.