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Foreign Exchange Guide to Thailand

Read this currency guide to Thailand with HKD money transfer and travel tips.   [HKD/THB=3.9399]

Country Code:
Domestic Currency:
Thai Baht
Symbol - Code:
Telephone Prefix:

This is a foreign exchange guide to Thailand, the Thai Baht currency plus HKD to THB transfers and travel tips.

In this Thailand currency guide we take a look at :

  1. Thai Baht info - general info about the Thai Baht
  2. Thai Baht in the markets - recent THB moves and predictions from the FX markets
  3. Travelling in Thailand - currency & money saving tips
  4. Buying Thai Baht cash online - travel money for Thailand
  5. Sending money to Thailand - save on Thai Baht bank transfers to Thailand
  6. Thai Baht exchange rates - latest & historic exchange rates.

Thai Baht (THB) general currency information

What is the Thai Baht currency code and symbol?

The three letter currency code for the Thai Baht is THB and the symbol is ฿.

Which countries use the Thai Baht?

It is the domestic currency in Thailand.

The Thai baht is subdivided into 100 satang.

The baht is termed an ‘exotic’ currency, which means that there is far less participation in the market for baht than in the market for more established currencies, such as euros or U.S. dollars. For this reason, the price paid to change your money into or from baht (the price being equivalent to the market bid-ask spread) is far higher relative to the amount of money being changed than it would otherwise be.

Thailand’s central bank manage the baht’s value under a ‘managed float’ regime, which means that the bank will intervene at times in the foreign exchange market to reduce what it sees as excessive volatility in the currency and to maintain national competitiveness, i.e. the bank will at times weaken the currency to boost demand for Thailand’s exports.

As an exotic currency, the baht is considered riskier than currencies from major developed nations, which means that its value will fall against the FX majors (especially JPY, USD, CHF, GBP and EUR) during periods of economic uncertainty or when global geopolitical risk is elevated, or during bouts of high market volatility.

Historically, the baht’s lowest valuation against the US dollar came in January 1998 when USD/THB reached 55.50. It's all-time high occurred in July 1981 when USD/THB fell to just 20.36. Since 2005, USD/THB has traded between 28.56 and 42.19.

Thai Baht (THB) in the markets

Recent years have been extremely kind to the baht and 2019 has been no exception. Approaching mid-year, the baht rose to a 6-year high against the US dollar (฿30.66) and to a 10-year high against the Australian dollar (฿21.35), as well as to long-term highs against a host of other major currencies.

The baht is being supported by Thailand’s large current-account surplus and has benefited from speculation that Thai stocks will soon be assigned a larger weighting in the MSCI Emerging Markets index, which would result in significant amounts of foreign capital entering Thailand.

The team at TradingEconomics.com is expecting slight baht weakness over the coming year, with June-2020 forecasts for USD/THB and AUD/THB of 32 and 22 respectively.

The interactive chart below shows the HKD to THB exchange rate and trend for the previous 3 months:

Travel, Currency and Money saving tips for Thailand


In between the busy cities and scattered towns of Thailand is the rural heartland, which is a mix of rice paddies, tropical forests and villages living the farming lifestyle. In the north, the forests surround tall blue mountains scattered with shining waterfalls. In the south, scraggy limestone cliffs rise up from the cultivated landscape like ancient towers.

Travel tips for Thailand.

The official currency of Thailand is the Thai BAHT (pronounced - baaht). ATMs are everywhere and usually reliable, most Thai banks now charge a 200 baht fee per withdrawal when you use their ATMs with a foreign card.

Thailand is a very popular and safe place to travel to, but still always use common sense. Depending on the type of hotel, try not to leave credit cards, passports, and other valuables lying around your room when you are not there. Instead use the room safe, or the hotel main safe. If you want to store your cards there while out shopping (shopping is considered a national pastime) you could get a Travel Card before flying in to ease your mind.

Another good reason to get a Prepaid Travel Card is that credit card fraud exists in Thailand, as in any other country.  If you must pay by credit card, don't let your card out of your sight. Watch as its used, and double check the purchase amount and currency, before signing or entering your pin number.

Typical Thai beach scene

Be prepared to pay more than locals for many tourist attractions have two rates, where there can often be a rate for locals and a larger rate for tourists. Many tourists head to Thailand for its lovely beaches, just know that Thai beaches do not have lifeguards so try to stay in sight on other people, check all the signs, and avoid swimming on deserted beaches. Drink bottled water, its cold and cheap and since it can be hot all the time in Thailand have some on you at all times to avoid dehydration.

How do I travel in Thailand?

Taxis are available everywhere, just when getting in make sure the meter is set to THB 35 to avoid being made to pay extra.Getting around in Tuc-Tuc's is part of the experience but can get annoying as the driver may often try to take you to shops on the way. Just negotiate a fare before jumping in, don't pay until you arrive, and be prepared to jump out and take another one if they go to a shop and refuse to leave until you check it out or buy something.

Trains and buses to get around the country in Thailand can be an experience, but due to the travel times and budget, many recommend flying everywhere. Flights within Thailand are relatively cheap, and it may not be worth spending valuable vacation days traveling by bus or train. By way of example, the train from Chiang Mai to Bangkok is about 12 hours, and the train down to Phuket (close to Phuket, but then you have to take another bus) is another 8 hours, so it will take about 20 to 24 hours of travel time from Chiang Mai to Phuket. Or you can take a 2 hour direct flight on Thai Air Asia for less than $60.


Travel money for Thailand


Save money and time by Ordering your Thai Baht online from Travelex, you get better rates and can pick up the THB cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Thai Baht otherwise you may get much worst exchange rates.


Thailand Trip Checklist    

  1. Compare THB travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Thailand
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Thailand

When searching around for information on how to get a good exchange rate when sending money to Thailand you need to start with finding out the latest Thai Baht foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

Get a better deal for foreign transfers to Thailand

When sending money to Thailand it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Thai Baht amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted THB amount will be transfered to the recipient account you specify in Thailand.

Use our Send to THB calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Thai Baht deposited into the recipient bank account and less margins and fees kept by the banks!


HKD to THB International Money Transfers


Foreign Transfer ProvidersReceive THB(฿)Exchange RateFee HKDTotal CostDeal Links
OFX logo
190,880 THB3.81760 for BER users (normally $15)3.1%
DBS Bank logo
188,871 THB3.7812504.12%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo
186,844 THB3.7404555.15%
HSBC logo
186,276 THB3.7315$805.44%
Citibank International Money Transfers
Citibank logo
185,385 THB3.7086125.89%
OFX: Foreign Transfer HKD→THB
HKD amount:$50,000 HKD
Fee:0 for BER users (normally $15)
Exchange Rate:3.8176 (3.1% from mid-rate)
THB amount:190,880 THB
Total Cost:3.1%
Rate Fetched: Sun Aug 18 2019 00:16:36 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
: 4.8/5.0

DBS Bank logoDBS Bank

DBS Bank: Foreign Transfer HKD→THB
HKD amount:$50,000 HKD
Exchange Rate:3.7812 (4.03% from mid-rate)
THB amount:188,871 THB
Total Cost:4.12%
2,009 THB less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Banks - Average Rate

Foreign Transfer HKD→THB
HKD amount:$50,000 HKD
Exchange Rate:3.7507 (4.8% from mid-rate)
THB amount:186,844 THB
Total Cost:5.15%
4,036 THB less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers


HSBC: Foreign Transfer HKD→THB
HKD amount:$50,000 HKD
Fee:$80 HKD (Minimum fee)
Exchange Rate:3.7315 (5.29% from mid-rate)
THB amount:186,276 THB
Total Cost:5.44%
4,604 THB less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0

Citibank logoCitibank

Citibank: Foreign Transfer HKD→THB
HKD amount:$50,000 HKD
Exchange Rate:3.7086 (5.87% from mid-rate)
THB amount:185,385 THB
Total Cost:5.89%
5,495 THB less than using OFX
Time:1:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
: /5.0
Snapshot 08/18/2019 - See full table

THB/USD - Thai Baht to United States Dollar - Historical Rates

1 Day0.032412 Aug 2019
1 Week0.032506 Aug 2019
1 Month0.032414 Jul 2019
6 Months0.031914 Feb 2019
1 Year0.029913 Aug 2018
5 Years0.031414 Aug 2014
10 Years0.029415 Aug 2009

THB/EUR - Thai Baht to Euro - Historical Rates

1 Day0.028912 Aug 2019
1 Week0.029006 Aug 2019
1 Month0.028714 Jul 2019
6 Months0.028314 Feb 2019
1 Year0.026313 Aug 2018
5 Years0.023514 Aug 2014
10 Years0.020715 Aug 2009

THB/GBP - Thai Baht to British Pound Sterling - 10 Year History

1 Day0.026912 Aug 2019
1 Week0.026706 Aug 2019
1 Month0.025814 Jul 2019
6 Months0.025014 Feb 2019
1 Year0.023513 Aug 2018
5 Years0.018814 Aug 2014
10 Years0.017815 Aug 2009

THB/AUD - Thai Baht to Australian Dollar - Historical Rates

1 Day0.048012 Aug 2019
1 Week0.048106 Aug 2019
1 Month0.046114 Jul 2019
6 Months0.045014 Feb 2019
1 Year0.041213 Aug 2018
5 Years0.033714 Aug 2014
10 Years0.035215 Aug 2009

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