About this pair
RUB/THB: what to know
The RUB/THB rate shows how much THB you get for 1 RUB. Right now, 1 RUB buys 0.3922 THB at the mid-market rate. In the other direction, 1 THB is worth 2.5495 RUB.
In the short term RUB is driven mainly by oil and gas prices and sanctions, while THB responds to tourism and trade flows.
The Russian Ruble (RUB) is issued by Bank of Russia. The ruble is one of Europe’s oldest currencies, used since the 13th century. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
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.