About this pair
NOK/THB: what to know
The NOK/THB rate shows how much THB you get for 1 NOK. Right now, 1 NOK buys 3.5577 THB at the mid-market rate. In the other direction, 1 THB is worth 0.2811 NOK.
In the short term NOK is driven mainly by oil and gas prices, while THB responds to tourism and trade flows.
The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”. 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 NOK/THB rate has ranged between 3.0777 and 3.5805 — a change of +10.27% 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.