1. Exchange Rates
  2. New Zealand dollar (NZD)
  3. Thai baht (THB)

Convert NZD to THB at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible NZD to THB rate, these are :

  1. The NZD/THB foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 New Zealand dollar equals
Thai baht 1=


Right now the NZD/THB market rate is and represents how many Thai baht you can get for one New Zealand dollar. You can calculate with the current mid-rate using our NZD to THB calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same NZD/THB market rate I see on Google or in the Media?

When you look up the current New Zealand dollar to Thai baht exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

NZD to THB mid-rate on google

NZD to THB mid-rate on google search

Getting a great NZD to THB mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below NZD to THB calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific New Zealand dollar cross rates and reviews of leading foreign exchange providers versus the Banks.

NZD to THB mid-rate calculator

$
฿
1 NZD equals
THB 1NZD=THB


Compare rates for: Currency Exchange or Foreign Transfers
Loading NZD/THB Chart

New Zealand dollar - market update

It was a game of two halves for the New Zealand dollar in 2017. The currency gained more than 9% against the US dollar by late July, climbing to rates above 0.755, but had given back 80% of those gains approaching year-end, at rates close to 0.705. The New Zealand dollar struggled in the second half of the year as central banks around the world became far more hawkish than the RBNZ. The result of October’s general election – a win for the Jacinda Ardern led Labour party – also weighed on the “kiwi” later in the year.

ABN Amro are, overall, predicting a relatively stable 2018 for NZD as the RBNZ moves slowly towards monetary tightening, although the Dutch bank’s analysts are expecting the currency to continue to underperform slightly against the currencies of important trading partners.

ABN sees NZD/USD falling in the coming year to 0.675. For NZD/AUD and NZD/EUR, ABN expects 2018 year-end rates of 0.9 and 0.587 respectively, from rates in December ’17 close to 0.91 and 0.595.

Thai baht - market update

Concerns are mounting among Thai exporters and those in the tourism sector as the baht continues to trade near multi-year highs. In late November the baht strengthened to 32.495 against the dollar – the baht’s most expensive valuation since April 2015. The 33.0 level had previously been strong support in USD/THB and it should act as resistance in the near future should the baht weaken back to this level.

The baht has been supported in 2017 by Thailand’s large current account surplus and by strong economic growth.

The value of the baht in relation to its Asian peers is of paramount importance to Thailand given that exports account for 60% of the country’s economy. By December 8th, the baht’s year-to-date gain of 9.8% against the dollar matched that of the Malaysian ringgit, however it represented a significant outperformance against the currencies of other manufacturing hubs in the region, including the Chinese yuan, which had gained only 4.8%, and the Philippine peso, which had weakened by 1.8%. An outperforming baht dents Thailand’s export competitiveness.

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