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GBP to THB - Rate Guide

Pound Sterling 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 GBP = 40.52 THB

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GBP to THB - Trading Range (90 Day)
ALERT: 1-DAY ▼ 0.6% 🔔 |
GBP/THB at 40.35 is trading 1.7% above the 90-day average 39.66 with a range 38.3 to 41.26. ALERT: GBP/THB is DOWN 0.6% for 1-DAY.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Pound Sterling to Thai Baht

GBP

THB

£ 1
฿ 40.52
£ 5
฿ 202.60
£ 10
฿ 405.20
£ 20
฿ 810.40
£ 50
฿ 2,026
£ 100
฿ 4,052
£ 250
฿ 10,130
£ 500
฿ 20,260
£ 1,000
฿ 40,520
£ 2,000
฿ 81,040
£ 5,000
฿ 202,600
£ 10,000
฿ 405,200
£ 50,000
฿ 2,026,000
£ 100,000
฿ 4,052,000
More amounts

GBP

THB

£ 0.0247
฿ 1
£ 0.1234
฿ 5
£ 0.2468
฿ 10
£ 0.4936
฿ 20
£ 1.2339
฿ 50
£ 2.4678
฿ 100
£ 6.1695
฿ 250
£ 12.34
฿ 500
£ 24.68
฿ 1,000
£ 49.36
฿ 2,000
£ 123.39
฿ 5,000
£ 246.78
฿ 10,000
£ 1,234
฿ 50,000
£ 2,468
฿ 100,000
More amounts

To calculate specific GBP/THB amounts use our Convert GBP 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 GBP/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

GBP to THB International Money Transfers

  

Foreign Transfer Providers Receive THB(฿)Exchange RateFee GBPTotal CostDeal Links
TorFX logo
199,250 ฿
Best Overall
39.8501.56%
OFX logo
198,850 ฿
฿400 less
39.77£0^1.76%
WorldFirst logo
201,400 ฿
฿2,150 more
40.2800.5%
HSBC logo
194,708 ฿
฿4,542 less
39£7.53.81%
Natwest Bank logo
193,617 ฿
฿5,633 less
38.84154.35%
Citibank International Money Transfers
Citibank logo
192,736 ฿
฿6,514 less
38.64124.78%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
192,705 ฿
฿6,545 less
38.66154.8%
Santander International Money Transfers
Santander logo
191,630 ฿
฿7,620 less
38.48205.33%
Lloyds TSB logo
190,834 ฿
฿8,416 less
38.32205.72%
 
TorFX logo
TorFX: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:
Exchange Rate:39.85 (1.56% from mid-rate)
To Amount (THB)199,250 ฿
Total Cost:1.56%
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:39.77 (1.76% from mid-rate)
To Amount (THB)198,850 ฿
Total Cost:1.76%
Difference:
฿400 THB less than using TorFX
Time:
Rate Fetched: Thu Feb 20 2020 05:09:43 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:
Exchange Rate:40.28 (0.5% from mid-rate)
To Amount (THB)201,400 ฿
Total Cost:0.5%
Difference:
฿2,150 THB more than using TorFX
Time:6:02 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
HSBC logo
HSBC: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:£7.5 GBP (.15%)
Exchange Rate:39 (3.66% from mid-rate)
To Amount (THB)194,708 ฿
Total Cost:3.81%
Difference:
฿4,542 THB less than using TorFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:15
Exchange Rate:38.84 (4.06% from mid-rate)
To Amount (THB)193,617 ฿
Total Cost:4.35%
Difference:
฿5,633 THB less than using TorFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:12
Exchange Rate:38.64 (4.55% from mid-rate)
To Amount (THB)192,736 ฿
Total Cost:4.78%
Difference:
฿6,514 THB less than using TorFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:15
Exchange Rate:38.36 (5.24% from mid-rate)
To Amount (THB)192,705 ฿
Total Cost:4.8%
Difference:
฿6,545 THB less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Santander logo
Santander: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:20
Exchange Rate:38.48 (4.95% from mid-rate)
To Amount (THB)191,630 ฿
Total Cost:5.33%
Difference:
฿7,620 THB less than using TorFX
Time:6:02 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Lloyds TSB logo
Lloyds TSB: Foreign Transfer GBP→THB
From Amount (GBP)£5,000
Fee:20
Exchange Rate:38.32 (5.34% from mid-rate)
To Amount (THB)190,834 ฿
Total Cost:5.72%
Difference:
฿8,416 THB less than using TorFX
Time:6:02 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 GBPTotal CostDeal Links
Post Office Money Foreign Currency
Post Office Money logo
38,790 ฿
Best Overall
38.7904.18%
Citibank Foreign Currency
Citibank logo
38,095 ฿
฿695 less
38.48£105.9%
Travelex Online UK logo
37,990 ฿
฿800 less
37.9904£0^6.16%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
37,758 ฿
฿1,032 less
38.19£106.73%
Lloyds TSB logo
37,709 ฿
฿1,081 less
38.09£106.85%
Santander Foreign Currency
Santander logo
37,709 ฿
฿1,081 less
38.09£106.85%
Natwest Bank logo
37,519 ฿
฿1,271 less
38.09£157.32%
 
Post Office Money logo
Post Office Money: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:0
Exchange Rate:38.79 (4.18% from mid-rate)
To Amount (THB)38,790 ฿
Total Cost:4.18%
Time:6:02 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:38.48 (4.95% from mid-rate)
To Amount (THB)38,095 ฿
Total Cost:5.9%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Travelex Online UK logo
Travelex Online UK: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:37.9904 (6.16% from mid-rate)
To Amount (THB)37,990 ฿
Total Cost:6.16%
Time:
Rate Fetched: Thu Feb 20 2020 06:00:05 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Banks - Average Rate
Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:38.09 (5.91% from mid-rate)
To Amount (THB)37,758 ฿
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 
Lloyds TSB logo
Lloyds TSB: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:38.09 (5.91% from mid-rate)
To Amount (THB)37,709 ฿
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Santander logo
Santander: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£10 GBP (1%)
Exchange Rate:38.09 (5.91% from mid-rate)
To Amount (THB)37,709 ฿
Total Cost:6.85%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Natwest Bank logo
Natwest Bank: Travel Money GBP→THB
From Amount (GBP)£1,000
Fee:£15 GBP (Minimum fee)
Exchange Rate:38.09 (5.91% from mid-rate)
To Amount (THB)37,519 ฿
Total Cost:7.32%
Time:6:02 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (GBP & THB)

United KingdomUnited Kingdom (GBP)United Kingdom (GBP)GuernseyGuernsey (GBP)
Isle of ManIsle of Man (GBP)JerseyJersey (GBP)South Georgia and South Sandwich IslandsSouth Georgia and South Sandwich Islands (GBP)
ThailandThailand (THB)

GBP and THB in the Markets

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

Pound Sterling (GBP)

With the Bank of England holding interest rates steady amid signs of a recovery in the health of the UK economy following the general election, the pound is showing strength against most currencies early in 2020.

In the post UK election euphoria the pound rose to over 1.33 USD and 1.20 EUR but has since dropped back over the uncertainty of what sort of trade deal the UK can realistically negotiate with Europe over the next 11 months.

GBP has given up all of those election result gains as Mr Johnson pledged to outlaw any extension to the UK’s post-Brexit transition period at the end of next year. It appears the Brexit volatility in the pound is set to continue for the foreseable future.

Read more in the article GBP 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 GBP 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 GBP 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 GBP to THB exchange rate to the present day for periods going back upto 10 years.

PeriodChange*GBP/THBDate
1 Day-0.5%40.545018 Feb 2020
7 Day-0.2%40.441812 Feb 2020
30 Day+2.3%39.464120 Jan 2020
3 Month+3.4%39.040721 Nov 2019
1 Year-0.7%40.644919 Feb 2019
5 Year-19.5%50.146720 Feb 2015
10 Year-21.1%51.165221 Feb 2010

*For period to 19-Feb 21UTC when GBP/THB was 40.3541

When is the best time to exchange GBP 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 GBP Exchange Rates