KRW/THB: what to know
The KRW/THB rate shows how much THB you get for 1 KRW. Right now, 1 KRW buys 0.0246 THB at the mid-market rate. In the other direction, 1 THB is worth 40.5989 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while THB responds to tourism and trade flows.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. 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 KRW/THB rate has ranged between 0.0210 and 0.0246 — a change of +7.10% 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.