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CAD to THB Forecasts – Canadian dollar to Thai baht

Latest CAD to THB forecasts including bank predictions, key market drivers and recent trends for CAD/THB. See where analysts expect the pair to move and the factors likely to influence it.

 

CAD to THB Forecast & Outlook

21 Mar 2026 • 00:36 GMT

CAD/THB 23.75

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 23.5310 – 23.9500
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, CAD/THB is trading near the recent high at 23.75, which is above its 3-month average. Risk-off conditions, driven by regional geopolitical tensions and safe-haven flows, support a weaker Canadian dollar. Over the next few sessions, this downside pressure could persist as safe-haven demand remains prominent, making the pair more vulnerable to further declines.

💸 Transfer implications

  • Expats: sending money to Thailand may find current rates less favourable than recent levels.
  • Travellers: exchanging currency might see buying Thai Baht at historically weaker levels, which could support their purchases.
  • Businesses: paying Thai Baht invoices in CAD may face less advantageous exchange conditions.

🧭 Key drivers

  • Rate gap: The Canadian dollar remains supported by a wider yield and policy rate gap but is pressured by global risk aversion.
  • Risk/commodities: Regional geopolitical tensions and risk-off sentiment support the Thai Baht and weigh on the CAD.
  • Global factors: US dollar weakness continues to support the Thai currency, influencing the pair dynamics.

⚠️ What could change it

  • Upside risk: A decline in risk aversion or a positive shift in global markets could boost the CAD.
  • Downside risk: Accelerated safe-haven flows or further geopolitical tensions could extend the pair's downside.

Shopping around for the lowest margin provider may help reduce overall transfer costs.

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.

 
Sell CAD   →   Buy THB
1 CAD =
23.74We compare provider deals to this wholesale mid-market rate. Read more
THB
1d+0.5%▲
 
CAD to THB at 23.75 is 3.5% above its 3-month average of 22.95, having traded in a relatively stable 6.7% range from 22.44 to 23.95
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  1 THB = 0.042116 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
06 Mar 2026
23.40
1.7% ▲2 Week
20 Dec 2025
22.84
4.2% ▲3 Month
20 Mar 2025
23.55
1.1% ▲1 Year
21 Mar 2021
24.63
3.4% ▼5 Year
22 Mar 2016
26.77
11.1% ▼10 Year
25 Mar 2006
33.39
28.7% ▼20 Year
CAD/THB historic rates & change to 20-Mar-2026

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