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AUD to THB Forecasts

In 2020 currency forecasts are primarily influenced by the perceived relative coronavirus impact on economies and the success of government's response to the pandemic.

Australian dollar to Thai Baht forecasts

Thai Baht has has largely been largely unaffected after the government banned protests and the publication of sensitive news in the face ofescalating protests.

Besides the protests so far in 2020 AUD/THB forecasts are primarily focused on the coronavirus impact on and response by both economies, in particular the drastic impact to tourism for Thailand.

Protesters have demanded the removal of Prime Minister Prayuth Chan-ocha, a new constitution and reduction in the powers of the king. Normally events such as this would be seen as impacting the Thai tourist industry and thus also the Baht, however tourism is minimal during the coronavisrus pandemic.

The AUD might break through recent resistance around 0.7340 over the next weeks. A clearcut Biden win and further positive COVID-19 vaccine news could help drive the AUD towards new highs closer to 0.74 US cents. 

 
AUDTHB at 24.32 has risen 3.2% above its 90-day average, range 22.80-24.32.
1D+0.7% 90DHIGH
|
Alerts:1D+0.7% | 90DHIGH |

You can read more about other AUD cross-rate forecasts here AUD Trends and Forecasts for 2020.

 

AUD to THB Exchange Rates – Compare and Save

 

What is a good AUD to THB exchange rate?

Whether the AU dollar will rise or drop in the future against the baht is a difficult question and the answer really depends on many factors. The best way to consider the current AUD-THB relative value is to check the change in the exchange over a range of periods to the present day. The below table does this for periods going back 10 years.

AUD/THBChangePeriod
24.0301
12 Apr 2021
0.8% ▲1 Week
23.7480
20 Mar 2021
2% ▲30 Days
23.1204
19 Jan 2021
4.7% ▲90 Days
20.5920
19 Apr 2020
17.6% ▲1 Year
27.1927
20 Apr 2016
10.9% ▼5 Years
32.1298
22 Apr 2011
24.6% ▼10 Years

AUD/THB 10 year historic rates & change to 19-Apr-2021 : 24.2181

   
Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.