THB/GBP: what to know
The THB/GBP rate shows how much GBP you get for 1 THB. Right now, 1 THB buys 0.0224 GBP at the mid-market rate. In the other direction, 1 GBP is worth 44.6907 THB.
In the short term THB is driven mainly by tourism and trade flows, while GBP responds to Bank of England policy and the UK economy.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the THB/GBP rate has ranged between 0.0220 and 0.0240 — a change of -3.19% 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.