THB/TRY: what to know
The THB/TRY rate shows how much TRY you get for 1 THB. Right now, 1 THB buys 1.4587 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.6855 THB.
In the short term THB is driven mainly by tourism and trade flows, while TRY responds to high inflation and central-bank policy.
The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the THB/TRY rate has ranged between 1.2749 and 1.4748 — a change of +13.10% 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.