TRY/THB: what to know
The TRY/THB rate shows how much THB you get for 1 TRY. Right now, 1 TRY buys 0.6855 THB at the mid-market rate. In the other direction, 1 THB is worth 1.4587 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while THB responds to tourism and trade flows.
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. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Over the past 12 months the TRY/THB rate has ranged between 0.6781 and 0.7844 — a change of -11.58% 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.