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GBP to THB - Compare Rates

Pound Sterling to Thai Baht exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

Latest interbank rate (wholesale):

1 GBP = 40.00 THB

Sell GBP / Buy THB 


GBP/THB - Trend & Alerts

GBP/THB at 40 is near its 90-DAY average, range 37.98 - 41.83 .
🔔 GBP/THB is at 30-DAY LOWS.
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Alert:30-DAY LOWS |
 
 

Comparing GBP THB Exchange Rates

You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the 'Wholesale' rate (interbank mid-rate) plus any fixed or percentage fees.

These margins and fees can vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the exchange rate margin will also vary depending on the currency pair and total amount.

 
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Pound Sterling to Thai Baht - Quick Conversions

GBP THB
£ 1 ฿ 40.00
£ 5 ฿ 200.00
£ 10 ฿ 400.00
£ 20 ฿ 800.00
£ 50 ฿ 2,000
£ 100 ฿ 4,000
£ 250 ฿ 10,000
£ 500 ฿ 20,000
£ 1,000 ฿ 40,000
£ 2,000 ฿ 80,000
£ 5,000 ฿ 200,000
£ 10,000 ฿ 400,000
£ 50,000 ฿ 2,000,000
£ 100,000 ฿ 4,000,000
More amounts
GBP THB
£ 0.0250 ฿ 1
£ 0.1250 ฿ 5
£ 0.2500 ฿ 10
£ 0.5000 ฿ 20
£ 1.2501 ฿ 50
£ 2.5001 ฿ 100
£ 6.2503 ฿ 250
£ 12.50 ฿ 500
£ 25.00 ฿ 1,000
£ 50.00 ฿ 2,000
£ 125.01 ฿ 5,000
£ 250.01 ฿ 10,000
£ 1,250 ฿ 50,000
£ 2,500 ฿ 100,000
More amounts

To calculate other GBP/THB FROM or TO amounts at wholesale rate use our home-page quick & easy Calculate GBP to THB .

Country Guides - Thai Baht

 
ThailandThailand (THB)
   

Pound Sterling - Thai Baht Forecasting

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)

In the 2nd half of August market analysts started forecasting risk to the downside for the pound from US 1.33 given the tight 7 week deadline for Brexit combined with the drop in domestic demand due to the pandemic.

US dollar weakness has helped the embattled pound continue its recovery off June and early July lows. Despite this brief upturn, the outlook remains pessimistic as Brexit uncertainty and questions over the economy’s ability to rebound after the pandemic weigh on the currency.

In late July pound sterling is heading back towards US1.30 due to US dollar weakness. This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years (below US1.16) in March as traders sought the safety of the USD.

The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

Read more in the article GBP Forecasts.

 

Thai Baht (THB)

The Thai Baht has risen 4% so far this year against the US dollar due to greenback weakness, this won't help with the hoped for tourism lead recovery of the Thai economy post virus.

NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.

In 2018 tourism contributed around 20 percent of Thailand's total GDP, so the dramatic impact to tourism from the coronavirus pandemic is expected to plunge Thailand into a recession.

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 has previously 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.

 

 

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.

 

Will GBP rise or fall against THB?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the Pound Sterling vs Thai Baht current value is to look the GBP/THB historic rate and change over a range of periods.

The following table looks at the change in the GBP to THB exchange rate over periods from the previous week back to the last 10 years.

GBP/THB rateChangePeriod
14 Sep 2020 : 40.19980.2% ▼1 Week
22 Aug 2020 : 41.28492.8% ▼30 Days
23 Jun 2020 : 38.68563.7% ▲90 Days
22 Sep 2019 : 38.00765.6% ▲1 Year
23 Sep 2015 : 55.122927.2% ▼5 Years
24 Sep 2010 : 48.438317.2% ▼10 Years

GBP/THB 10 year historic rates & change to 21-Sep-2020 : 40.1238

 

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 BER.me FX Alerts