JPY/THB: what to know
The JPY/THB rate shows how much THB you get for 1 JPY. Right now, 1 JPY buys 0.2153 THB at the mid-market rate. In the other direction, 1 THB is worth 4.6456 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while THB responds to tourism and trade flows.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. 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 JPY/THB rate has ranged between 0.1969 and 0.2201 — a change of -0.68% 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.