CNY/THB: what to know
The CNY/THB rate shows how much THB you get for 1 CNY. Right now, 1 CNY buys 4.9260 THB at the mid-market rate. In the other direction, 1 THB is worth 0.2030 CNY.
In the short term CNY is driven mainly by PBoC decisions and Chinese growth, while THB responds to tourism and trade flows.
The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen. 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 CNY/THB rate has ranged between 4.4259 and 4.9963 — a change of +9.71% 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.