AUD/THB: what to know
The AUD/THB rate shows how much THB you get for 1 AUD. Right now, 1 AUD buys 23.6994 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0422 AUD.
In the short term AUD is driven mainly by commodity prices and Chinese demand, while THB responds to tourism and trade flows.
The Australian Dollar (AUD) is issued by Reserve Bank of Australia. Australia pioneered polymer banknotes in 1988 — more durable and harder to counterfeit. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Over the past 12 months the AUD/THB rate has ranged between 20.7087 and 23.8084 — a change of +11.82% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.