NZD/THB: what to know
The NZD/THB rate shows how much THB you get for 1 NZD. Right now, 1 NZD buys 19.2165 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0520 NZD.
In the short term NZD is driven mainly by soft-commodity prices and risk appetite, while THB responds to tourism and trade flows.
The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin. 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 NZD/THB rate has ranged between 18.0106 and 19.7044 — a change of +1.33% 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.