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CAD to THB - Rate Guide

Canadian Dollar to Thai Baht exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 CAD = 23.71 THB

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CAD to THB - Trading Range (90 Day)
ALERT: 90-DAY HIGHS 🔔 |
CAD/THB at 23.6 is trading 2.1% above the 90-day average 23.11 with a range 22.46 to 23.61. ALERT: CAD/THB has risen to 90-DAY HIGHS.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Canadian Dollar to Thai Baht

CAD

THB

C$ 1
฿ 23.71
C$ 5
฿ 118.55
C$ 10
฿ 237.10
C$ 20
฿ 474.20
C$ 50
฿ 1,186
C$ 100
฿ 2,371
C$ 250
฿ 5,928
C$ 500
฿ 11,855
C$ 1,000
฿ 23,710
C$ 2,000
฿ 47,420
C$ 5,000
฿ 118,550
C$ 10,000
฿ 237,100
C$ 50,000
฿ 1,185,500
C$ 100,000
฿ 2,371,000
More amounts

CAD

THB

C$ 0.0422
฿ 1
C$ 0.2108
฿ 5
C$ 0.4217
฿ 10
C$ 0.8434
฿ 20
C$ 2.1085
฿ 50
C$ 4.2169
฿ 100
C$ 10.54
฿ 250
C$ 21.08
฿ 500
C$ 42.17
฿ 1,000
C$ 84.34
฿ 2,000
C$ 210.85
฿ 5,000
C$ 421.69
฿ 10,000
C$ 2,108
฿ 50,000
C$ 4,217
฿ 100,000
More amounts

To calculate specific CAD/THB amounts use our Convert CAD to THB quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for CAD/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

CAD to THB International Money Transfers

  

Foreign Transfer Providers Receive THB(฿)Exchange RateFee CADTotal CostDeal Links
OFX logo
232,600 ฿
Best Overall
23.260^1.95%
XE logo
234,300 ฿
฿1,700 more
23.4301.23%
HSBC logo
227,758 ฿
฿4,842 less
22.81C$153.99%
Coast Capital Savings International Money Transfers
Coast Capital Savings logo
226,017 ฿
฿6,583 less
22.83C$1004.72%
TD Canada Trust logo
225,918 ฿
฿6,682 less
22.82C$1004.77%
Scotiabank logo
225,819 ฿
฿6,781 less
22.81C$1004.81%
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo HSBC logo TD Canada Trust logo Royal Bank of Canada logo
225,791 ฿
฿6,809 less
22.77154.82%
Royal Bank of Canada logo
223,443 ฿
฿9,157 less
22.57C$1005.81%
 
OFX logo
OFX: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:23.26 (1.95% from mid-rate)
To Amount (THB)232,600 ฿
Total Cost:1.95%
Time:
Rate Fetched: Thu Feb 20 2020 06:05:09 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
XE logo
XE: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:
Exchange Rate:23.43 (1.23% from mid-rate)
To Amount (THB)234,300 ฿
Total Cost:1.23%
Difference:
฿1,700 THB more than using OFX
Time:6:06 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:C$15 CAD (.15%)
Exchange Rate:22.81 (3.85% from mid-rate)
To Amount (THB)227,758 ฿
Total Cost:3.99%
Difference:
฿4,842 THB less than using OFX
Time:6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Coast Capital Savings logo
Coast Capital Savings: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:22.83 (3.76% from mid-rate)
To Amount (THB)226,017 ฿
Total Cost:4.72%
Difference:
฿6,583 THB less than using OFX
Time:6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:22.82 (3.8% from mid-rate)
To Amount (THB)225,918 ฿
Total Cost:4.77%
Difference:
฿6,682 THB less than using OFX
Time:6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Scotiabank logo
Scotiabank: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:22.81 (3.85% from mid-rate)
To Amount (THB)225,819 ฿
Total Cost:4.81%
Difference:
฿6,781 THB less than using OFX
Time:6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:15
Exchange Rate:22.54 (4.98% from mid-rate)
To Amount (THB)225,791 ฿
Total Cost:4.82%
Difference:
฿6,809 THB less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Royal Bank of Canada logo
Royal Bank of Canada: Foreign Transfer CAD→THB
From Amount (CAD)C$10,000
Fee:C$100 CAD (1%)
Exchange Rate:22.57 (4.86% from mid-rate)
To Amount (THB)223,443 ฿
Total Cost:5.81%
Difference:
฿9,157 THB less than using OFX
Time:6:06 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Providers Amount THB(฿)Exchange RateFee CADTotal CostDeal Links
Travelex Online CA logo
22,890 ฿
Best Overall
22.89$03.51%
Royal Bank of Canada logo
22,390 ฿
฿500 less
22.3905.62%
TD Canada Trust logo
22,160 ฿
฿730 less
22.1606.58%
Banks - Average Rate
Scotiabank logo TD Canada Trust logo Royal Bank of Canada logo
22,105 ฿
฿785 less
22.25C$106.82%
Scotiabank logo
21,766 ฿
฿1,124 less
22.21C$208.25%
 
Travelex Online CA logo
Travelex Online CA: Travel Money CAD→THB
From Amount (CAD)C$1,000
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:22.89 (3.51% from mid-rate)
To Amount (THB)22,890 ฿
Total Cost:3.51%
Time:
Rate Fetched: 6:07 Local
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Royal Bank of Canada logo
Royal Bank of Canada: Travel Money CAD→THB
From Amount (CAD)C$1,000
Fee:
Exchange Rate:22.39 (5.62% from mid-rate)
To Amount (THB)22,390 ฿
Total Cost:5.62%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
TD Canada Trust logo
TD Canada Trust: Travel Money CAD→THB
From Amount (CAD)C$1,000
Fee:
Exchange Rate:22.16 (6.59% from mid-rate)
To Amount (THB)22,160 ฿
Total Cost:6.58%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Travel Money CAD→THB
From Amount (CAD)C$1,000
Fee:C$10 CAD (1%)
Exchange Rate:20.76 (12.49% from mid-rate)
To Amount (THB)22,105 ฿
Total Cost:6.82%
Currency Services:Branch
Delivery/Collect:-
 
Scotiabank logo
Scotiabank: Travel Money CAD→THB
From Amount (CAD)C$1,000
Fee:C$20 CAD (Minimum fee)
Exchange Rate:22.21 (6.37% from mid-rate)
To Amount (THB)21,766 ฿
Total Cost:8.25%
Time:6:07 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (CAD & THB)

CanadaCanada (CAD)ThailandThailand (THB)

CAD and THB in the Markets

When determining the best time to make a foreign exchange transaction, in this case the CAD vs THB, you should pay attention to the recent market trends for both currencies.

Canadian Dollar (CAD)

Growing fears of the coronavirus outbreak has moved the market into safer currencies such as the USD and away from AUD, NZD and CAD.

The threat of proxy war between the US and Iran in Iraq also pared back some of the gains the Loonie had made coming into the New Year.

The Canadian dollar was range bound during the second half of 2019 oscillating between US75c and US76.5c. Mid-year the loonie stormed ahead in June and July, rising to what turned out to be the 2019 high against the US dollar of US76.7cents and to 8-month highs against the euro, pound, Australian and New Zealand dollars. Against the Aussie, a minimal additional increase would take CAD to a 9-year high.

Supporting the loonie was a 10 percent rise in the oil price (oil is among Canada’s most exported products but is volatile and can’t be relied upon), a large and welcome jump in inflation, and dovishness at major central banks of the world, including the Federal Reserve, ECB and RBA.

The USMCA was signed by the United States, Mexico and Canadian on November 30 at the G20 Summit in Buenos Aires. Any delay to Canadian ratification of the USMCA trade deal would have likely depressed sentiment on Canada’s currency.

Read more in the article CAD Forecasts.

 

Thai Baht (THB)

Recent years have been extremely kind to the baht and 2019 has been no exception. The Thai baht has been the best performing currency in Asia for 2019, 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.


How to get Best CAD to THB Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good CAD to THB exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the CAD to THB exchange rate to the present day for periods going back upto 10 years.

PeriodChange*CAD/THBDate
1 Day+0.3%23.529518 Feb 2020
7 Day+0.3%23.541812 Feb 2020
30 Day+1.5%23.264220 Jan 2020
3 Month+3.7%22.755321 Nov 2019
1 Year+0.2%23.558319 Feb 2019
5 Year-9.3%26.007820 Feb 2015
10 Year-25.5%31.700121 Feb 2010

*For period to 19-Feb 21UTC when CAD/THB was 23.6020

When is the best time to exchange CAD to THB?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all CAD Exchange Rates