THB/KRW: what to know
The THB/KRW rate shows how much KRW you get for 1 THB. Right now, 1 THB buys 40.5989 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.0246 THB.
In the short term THB is driven mainly by tourism and trade flows, while KRW responds to tech exports and global risk appetite.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the THB/KRW rate has ranged between 40.6765 and 47.6017 — a change of -6.63% 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.