About this pair
THB/CNH: what to know
The THB/CNH rate shows how much CNH you get for 1 THB. Right now, 1 THB buys 0.2029 CNH at the mid-market rate. In the other direction, 1 CNH is worth 4.9274 THB.
In the short term THB is driven mainly by tourism and trade flows, while CNH responds to sentiment toward China and offshore flows.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.