THB/BCH: what to know
The THB/BCH rate shows how much BCH you get for 1 THB. Right now, 1 THB buys 0.000135091 BCH at the mid-market rate. In the other direction, 1 BCH is worth 7,402.40 THB.
In the short term THB is driven mainly by tourism and trade flows, while BCH responds to crypto-market sentiment.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. Bitcoin Cash split from Bitcoin in 2017 to enable cheaper, faster transactions.
Over the past 12 months the THB/BCH rate has ranged between 0.0000494296 and 0.000157386 — a change of +157.93% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.