Thai Baht (THB)
The Thai baht is the currency of Thailand and one of the most traded in Southeast Asia. The Bank of Thailand manages the float and has intervened to curb rapid moves.
The latest available mid-market reference is 1 THB = 0.029654 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Thai Baht
Thailand is a major exporter of cars, electronics and food, and tourism is a large source of foreign exchange. The baht is one of the most traded currencies in Southeast Asia.
A short history
The baht was introduced in 1897 and was pegged to the dollar until 1997. The Asian financial crisis forced a float that year.
What moves the Thai Baht
Tourism receipts, exports of electronics, cars and food, and the policy rate. Thailand's large tourism sector makes the baht sensitive to travel cycles.
Live THB exchange rate
| Currency | 1 THB equals |
|---|---|
| US Dollar (USD) | 0.029654 |
| Euro (EUR) | 0.026684 |
| British Pound (GBP) | 0.022312 |
| Japanese Yen (JPY) | 4.7302 |
| Chinese Yuan (CNY) | 0.1983 |
| Indian Rupee (INR) | 2.7830 |
| Canadian Dollar (CAD) | 0.042226 |
| Australian Dollar (AUD) | 0.043275 |
| Swiss Franc (CHF) | 0.024667 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
THB conversion pages
Other currency profiles
Thai Baht questions
What is the Thai Baht?
Thai Baht (THB) is used in the following countries and territories: Thailand. Central bank: Bank of Thailand. Exchange rate regime: managed float.
Which countries use the Thai Baht?
The Thai Baht is used in the following countries and territories: Thailand.
What affects the Thai Baht exchange rate?
Tourism receipts, exports of electronics, cars and food, and the policy rate. Thailand's large tourism sector makes the baht sensitive to travel cycles.