EUR/THB: what to know
The EUR/THB rate shows how much THB you get for 1 EUR. Right now, 1 EUR buys 38.3299 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0261 EUR.
In the short term EUR is driven mainly by ECB policy and eurozone growth, while THB responds to tourism and trade flows.
The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar. 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 EUR/THB rate has ranged between 36.3527 and 38.6459 — a change of +2.74% 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.