GBP/THB: what to know
The GBP/THB rate shows how much THB you get for 1 GBP. Right now, 1 GBP buys 44.6907 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0224 GBP.
In the short term GBP is driven mainly by Bank of England policy and the UK economy, while THB responds to tourism and trade flows.
The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years. 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 GBP/THB rate has ranged between 41.7079 and 45.4652 — a change of +3.30% 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.