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    HKD to THB 2025 Forecasts

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

     

    Forecasts for HKD to THB

     

    The exchange rate forecast for the Hong Kong dollar (HKD) against the Thai baht (THB) indicates a nuanced outlook for both currencies influenced by economic conditions and external factors. As of October 2023, the HKD remained relatively strong, buoyed by newly announced measures to enhance Hong Kong's status as a global financial hub. These measures, introduced by Chief Executive John Lee, aim to restore confidence and stimulate economic activity, although analysts remain cautious regarding the broader recovery due to ongoing challenges in the domestic economy, such as a sluggish labor market and declining property prices.

    The HKD is currently trading at 4.2648 against the THB, which is about 1.5% below its three-month average of 4.328. Analysts note that while the HKD has shown resilience—trading within a stable range of 4.2100 to 4.4895—its future strength will heavily depend on domestic economic recovery and the Federal Reserve's monetary policy direction. If the Fed adopts a dovish stance, this may lend further support to the HKD. However, the local economy must also demonstrate signs of recovery for the HKD to maintain its strength.

    Conversely, the THB faces significant pressures from external factors, including the imposition of a substantial reciprocal tariff rate by the US, which has contributed to a deteriorating outlook for emerging Asian currencies. The Thai baht recently experienced volatility alongside regional market trends, influenced by fears surrounding a potential global trade war. Currencies in the region, including the THB, have declined approximately 2% in light of these fears, as risk appetite wanes.

    Adding to the complexity, the recent fluctuations in oil prices may further impact the THB. The price of Brent Crude oil is currently at 65.41 USD, 5% under its three-month average, reflecting a highly volatile range from 60.14 to 76.54 USD. Since Thailand is a significant oil importer, movements in oil prices can have profound effects on the baht, affecting its performance against other currencies like the HKD.

    Overall, while the HKD shows signs of strength due to supportive domestic measures, ongoing economic challenges and external pressures on the THB could lead to a cautious stance for those engaging in HKD-THB transactions. Analysts advise monitoring developments in both currencies closely, particularly regarding interest rates and geopolitical events that could influence trade dynamics.

    HKD-THB Loading Rates ...
     

     
     

    HKD to THB Market Data

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

     
    Sell HKD   →   Buy THB
    1 HKD =
    4.2326We compare provider deals to this wholesale mid-market rate. Read more
    THB
    -0.6%
    HKD to THB at 4.2472 is 1.8% below its 3-month average of 4.3262, having traded in a relatively stable 6.6% range from 4.2100 to 4.4895
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      1 THB = 0.2363 HKD

    Compare & Save - Hong Kong dollar to Thai baht

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

    Use our HKD 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 Hong Kong dollar to Baht currency rates and the possible savings of using various providers.

     
    DateHKD/THBPeriod
    03 May 2025
    4.2710
    2 Week
    16 Feb 2025
    4.3359
    3 Month
    17 May 2024
    4.6457
    1 Year
    18 May 2020
    4.1311
    5 Year
    20 May 2015
    4.3300
    10 Year
    22 May 2005
    5.1213
    20 Year
    HKD/THB historic rates
     

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    Will the Hong Kong 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 HKD/THB to your personalised Rate Tracker to track and benefit from currency movements.

     
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    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