THB/HKD: what to know
The THB/HKD rate shows how much HKD you get for 1 THB. Right now, 1 THB buys 0.2373 HKD at the mid-market rate. In the other direction, 1 HKD is worth 4.2138 THB.
In the short term THB is driven mainly by tourism and trade flows, while HKD responds to its peg to the US dollar.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the THB/HKD rate has ranged between 0.2317 and 0.2522 — a change of -3.17% 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.