CHF/THB: what to know
The CHF/THB rate shows how much THB you get for 1 CHF. Right now, 1 CHF buys 40.4715 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0247 CHF.
In the short term CHF is driven mainly by safe-haven demand and SNB policy, while THB responds to tourism and trade flows.
The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value. 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 CHF/THB rate has ranged between 39.1647 and 41.7306 — a change of +1.78% 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.