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AUD to THB 2024 Forecasts

Analysis of recent Aussie → Baht forecasts for 2024. We collate forecasts from respected FX analysts together with the latest Australian dollar to Thai baht performance and trends.

 

Forecasts for AUD to THB

 

Based on recent analyst forecasts and currency market updates, the Australian Dollar (AUD) has faced challenges due to mixed business confidence, strong U.S. data, and geopolitical uncertainties. The AUD struggled in February amid changing global rate expectations and declining commodity prices. The market view suggests that the AUD may fluctuate between 0.64 and 0.66 until there is more clarity on potential U.S. rate cuts.

On the other hand, the Thai Baht (THB) has remained weak around the 34 level against the U.S. dollar into the second quarter of 2023. Despite the currency's weakness, it offers good value for visitors as Thailand eases border controls to benefit from the rebound in global travel. With Thailand welcoming a significant number of tourists, the country appears to be on track to returning to pre-COVID tourism levels. Additionally, as Thailand is a significant oil producer in Asia, any movements in oil prices, such as the recent increase in the OIL to USD price to 85.11, can impact the value of the THB.

The AUD to THB exchange rate at 23.52 is slightly above its 3-month average but has remained relatively stable within a narrow range. Moving forward, signals from the U.S. economic data, global rate expectations, and commodity prices will likely influence the direction of both the AUD and the THB. Investors and businesses with exposure to these currencies should monitor these factors closely to navigate potential fluctuations in the exchange rate effectively.

 
@bestfxrates : AUD faces headwinds amid global uncertainty, affecting AUDTHB rates. As of 15 Mar, it hovers at 23.52. THB's attractiveness grows with tourism despite U.S. dollar pressure. Watch U.S. data, global rates, and commodities to gauge AUD/THB moves. - FX analysts #AUDTHB #CurrencyUpdate #ForexTrends

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AUD to THB Market Data

Australian dollar (AUD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

 
1 AUD =
23.50We compare provider deals to this wholesale mid-market rate. Read more
THB
+0.4%
📈2M
AUD to THB is at 60-day highs near 23.61, just 0.7% above its 3-month average of 23.43, having traded in a very stable 2.3% range from 23.11 to 23.64
|
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  1 THB = 0.042552 AUD

Compare & Save - Australian dollar to Thai baht

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare Australian dollar (AUD) to Thai baht (THB) rates from different sources before making a conversion.

Use our AUD to THB calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Aussie to Baht currency rates and the possible savings of using various providers.

 
DateAUD/THBChangePeriod
04 Mar 2024
23.27
1.4% 2 Week
19 Dec 2023
23.55
0.2% 3 Month
19 Mar 2023
22.89
3.1% 1 Year
20 Mar 2019
22.58
4.5% 5 Year
21 Mar 2014
29.41
19.8% 10 Year
23 Mar 2004
29.67
20.5% 20 Year
AUD/THB historic rates & change to 18-Mar-2024
 

Will the Australian dollar rise against the Thai baht?

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add AUD/THB to your personalised Rate Tracker to track and benefit from currency movements.

 
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Read our Currency guide to Thailand - a practical currency and money guide to travel, living and doing business in Thailand with the Thai baht.

 
 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more