USD/THB: what to know
The USD/THB rate shows how much THB you get for 1 USD. Right now, 1 USD buys 33.4255 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0299 USD.
In the short term USD is driven mainly by Fed policy, US growth and global risk appetite, while THB responds to tourism and trade flows.
The US Dollar (USD) is issued by Federal Reserve (Fed). Most of the world’s central-bank reserves are held in US dollars. 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 USD/THB rate has ranged between 31.0000 and 33.8400 — a change of +2.46% 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.