AUD to THB Forecasts 2021
In 2021 currency forecasts are primarily influenced by the perceived relative coronavirus impact on economies and the success of government's response to the pandemic and impact on tourism.
SupportAUD/THB dollar outlook
Besides the protests last year AUD/THB forecasts have been primarily focused on the coronavirus impact on and response by both economies, in particular the drastic impact to tourism for Thailand.
| AUD/THB was | Change | Period |
|---|---|---|
24.22 12 Jan 2022 | 2.8% ▼ | 2 Weeks |
25.00 28 Oct 2021 | 5.8% ▼ | 90 Days |
23.22 26 Jan 2021 | 1.4% ▲ | 1 Year |
26.63 27 Jan 2017 | 11.6% ▼ | 5 Years |
33.17 29 Jan 2012 | 29% ▼ | 10 Years |
22.34 31 Jan 2002 | 5.4% ▲ | 20 Years |
Thai Baht forecasts
Asian currencies including Thai baht have been hit by the hawkish tilt from Fed Chair Jerome Powell, who signalled in September that the bond tapering is expected to start in November.
Protesters had 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 coronavirus pandemic.
Thailand has navigated Covid better than other Southeast Asian countries (Philippines, Indonesia, Malaysia) but the recent new wave could see many businesses struggle. Particularly the food industry.
Expected to rise to US75¢ by the end of 2022, however the Aussie dollar is forecast to have a volatile year against a range of currencies.
Compare AUD to THB Transfer Rates
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Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.