THB/LTC: what to know
The THB/LTC rate shows how much LTC you get for 1 THB. Right now, 1 THB buys 0.000550114 LTC at the mid-market rate. In the other direction, 1 LTC is worth 1,817.80 THB.
In the short term THB is driven mainly by tourism and trade flows, while LTC responds to crypto-market sentiment.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. Litecoin was created in 2011 as the “silver to Bitcoin’s gold”.
Over the past 12 months the THB/LTC rate has ranged between 0.000242759 and 0.000733009 — a change of +112.06% versus a year ago.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. 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.