THB/CHF: what to know
The THB/CHF rate shows how much CHF you get for 1 THB. Right now, 1 THB buys 0.0247 CHF at the mid-market rate. In the other direction, 1 CHF is worth 40.4715 THB.
In the short term THB is driven mainly by tourism and trade flows, while CHF responds to safe-haven demand and SNB policy.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the THB/CHF rate has ranged between 0.0240 and 0.0255 — a change of -1.75% 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.