About this pair
XPD/THB: what to know
The XPD/THB rate shows how much THB you get for 1 XPD. Right now, 1 XPD buys 43,067.51 THB at the mid-market rate. In the other direction, 1 THB is worth 0.0000232194 XPD.
In the short term XPD is driven mainly by auto demand and tight supply, while THB responds to tourism and trade flows.
Palladium is used mainly in petrol-engine catalytic converters. The Thai Baht (THB) is issued by Bank of Thailand. “Baht” was historically a unit of weight for silver.
Because this pair involves a precious metal, the rate reflects global bullion prices per troy ounce. 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.