THB/JPY: what to know
The THB/JPY rate shows how much JPY you get for 1 THB. Right now, 1 THB buys 4.6527 JPY at the mid-market rate. In the other direction, 1 JPY is worth 0.2149 THB.
In the short term THB is driven mainly by tourism and trade flows, while JPY responds to Bank of Japan policy and global risk appetite.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the THB/JPY rate has ranged between 4.5425 and 5.0796 — a change of +0.68% 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.