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CAD to THB 2025 Forecasts

Analysis of recent loonie → baht forecasts for 2025. We collate forecasts from respected FX analysts together with the latest Canadian dollar to Thai baht performance and trends.

 

The exchange rate of the Canadian Dollar (CAD) to Thai Baht (THB) has shown some mixed trends in recent weeks, reflecting a confluence of local and international economic factors. As of the latest data, the CAD is currently trading at 23.64 THB, which is just 0.7% below its three-month average of 23.8 THB. This stability indicates the CAD has traded within a relatively narrow range of 2.9%, between 23.56 and 24.24 THB, suggesting a predictable performance amid ongoing external uncertainties.

Market analysts attribute the performance of the CAD largely to dynamics in the oil market, given Canada’s position as a major oil exporter. Recent oil prices have surged to 68.44 USD per barrel, exceeding the three-month average of 67.46 USD by 1.5%. This rise in oil prices typically boosts the CAD, as increasing revenues from oil exports strengthen the currency. However, analysts caution that despite this support, CAD's upside potential could be limited by ongoing trade tensions with the United States, particularly due to recent tariff implementations on Canadian steel and aluminum.

The economic landscape has also been shaped by a recent leadership change in Canada, with Mark Carney taking over as Prime Minister amidst significant political shifts. Such political factors could influence market sentiment and potentially impact the CAD’s stability moving forward.

On the other hand, the Thai Baht (THB) faces challenges due to external pressures, particularly from the United States' tariffs that have recently affected its trade prospects. The Thai currency, alongside other emerging Asian currencies, has experienced marked declines due to rising fears of a broader trade war, further dampening investor confidence. With regional currencies having retraced part of their early-year gains, the outlook for the THB remains cautious.

Economists suggest that movements in CAD/THB will depend not only on these individual currency dynamics but also on the broader global economic climate. Factors such as the resilience of oil prices and any changes in U.S.-Canada trade relations could significantly influence the future trajectory of the CAD, thereby affecting its exchange rate with the THB. As the situation evolves, it will be essential for individuals and businesses to monitor these developments closely for international transaction planning.

CAD-THB Rate Calculator

 
   
   
   
   
 
   
 
 

CAD to THB Market Data

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

 
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1 CAD =
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THB
CAD to THB at 23.64 is just 0.7% below its 3-month average of 23.8, having traded in a very stable 2.9% range from 23.56 to 24.24
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  1 THB = 0.042301 CAD

Compare & Save - Canadian dollar to Thai baht

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

Use our CAD 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 Loonie to Baht currency rates and the possible savings of using various providers.

 
 

Will the Canadian dollar rise against the Thai baht?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Canadian dollar vs Thai baht current value is to look the CAD/THB historic rate and change over a range of periods.

The following table looks at the change in the CAD to THB exchange rate over periods from the previous week back to the last 10 years.

DateCAD/THBChangePeriod
11 Jul 2025
23.68
0% 2 Week
26 Apr 2025
24.13
1.9% 3 Month
25 Jul 2024
26.22
9.7% 1 Year
26 Jul 2020
23.56
0.5% 5 Year
28 Jul 2015
26.91
12% 10 Year
30 Jul 2005
33.96
30.3% 20 Year
CAD/THB historic rates & change to 25-Jul-2025

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 CAD/THB to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

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