About this pair
THB/CNY: what to know
The THB/CNY rate shows how much CNY you get for 1 THB. Right now, 1 THB buys 0.2030 CNY at the mid-market rate. In the other direction, 1 CNY is worth 4.9260 THB.
In the short term THB is driven mainly by tourism and trade flows, while CNY responds to PBoC decisions and Chinese growth.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Chinese Yuan (CNY) is issued by People’s Bank of China. One yuan = 10 jiao = 100 fen.
Over the past 12 months the THB/CNY rate has ranged between 0.2001 and 0.2259 — a change of -8.85% 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.