About this pair
THB/NOK: what to know
The THB/NOK rate shows how much NOK you get for 1 THB. Right now, 1 THB buys 0.2811 NOK at the mid-market rate. In the other direction, 1 NOK is worth 3.5577 THB.
In the short term THB is driven mainly by tourism and trade flows, while NOK responds to oil and gas prices.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the THB/NOK rate has ranged between 0.2793 and 0.3249 — a change of -9.32% 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.