THB/EUR: what to know
The THB/EUR rate shows how much EUR you get for 1 THB. Right now, 1 THB buys 0.0261 EUR at the mid-market rate. In the other direction, 1 EUR is worth 38.3299 THB.
In the short term THB is driven mainly by tourism and trade flows, while EUR responds to ECB policy and eurozone growth.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the THB/EUR rate has ranged between 0.0259 and 0.0275 — a change of -2.67% 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.