HKD/THB: what to know
The HKD/THB rate shows how much THB you get for 1 HKD. Right now, 1 HKD buys 4.2137 THB at the mid-market rate. In the other direction, 1 THB is worth 0.2373 HKD.
In the short term HKD is driven mainly by its peg to the US dollar, while THB responds to tourism and trade flows.
The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank. 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 HKD/THB rate has ranged between 3.9659 and 4.3160 — a change of +3.27% 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.