THB/BTC: what to know
The THB/BTC rate shows how much BTC you get for 1 THB. Right now, 1 THB buys 0.000000391846 BTC at the mid-market rate. In the other direction, 1 BTC is worth 2,552,026.17 THB.
In the short term THB is driven mainly by tourism and trade flows, while BTC responds to crypto-market sentiment and liquidity.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The supply is capped at 21 million coins.
Over the past 12 months the THB/BTC rate has ranged between 0.000000246510 and 0.000000513241 — a change of +44.78% 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.