Comparing GBP to 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 GBP/THB rate ( interbank mid-rate) plus any fixed or percentage fees.
These margins and fees can vary significantly for GBP to THB International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Also the total cost will also vary depending on the total amount being exchanged.
Pound Sterling to Thai Baht - Quick Conversions
|
GBP |
THB |
| £ 1 |
฿ 40.99 |
| £ 5 |
฿ 204.95 |
| £ 10 |
฿ 409.90 |
| £ 20 |
฿ 819.80 |
| £ 50 |
฿ 2,050 |
| £ 100 |
฿ 4,099 |
| £ 250 |
฿ 10,248 |
| £ 500 |
฿ 20,495 |
| £ 1,000 |
฿ 40,990 |
| £ 2,000 |
฿ 81,980 |
| £ 5,000 |
฿ 204,950 |
| £ 10,000 |
฿ 409,900 |
| £ 50,000 |
฿ 2,049,500 |
| £ 100,000 |
฿ 4,099,000 |
| More amounts |
Calculate other GBP/THB amounts (from or to) at mid-market with our
GBP to THB Calculator .
Pound Sterling and Thai Baht - Market News
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)
The coronavirus pandemic had replaced Brexit in the headlines for most of this year, however Brexit is back in the spotlight as the end-of-year deadline for a trade deal with the Eurozone fast approaches.
Get more details in the article British Pound 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.
Country Guides - Thai Baht
How to get Good GBP to THB Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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 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 | Change | Period |
|---|
| 40.8697 15 Jan 2021 | 0.3% ▲ | 1 Week |
| 40.8090 23 Dec 2020 | 0.4% ▲ | 30 Days |
| 40.8405 24 Oct 2020 | 0.4% ▲ | 90 Days |
| 40.0259 23 Jan 2020 | 2.4% ▲ | 1 Year |
| 51.4078 24 Jan 2016 | 20.3% ▼ | 5 Years |
| 48.9095 25 Jan 2011 | 16.2% ▼ | 10 Years |
GBP/THB 10 year historic rates & change to 22-Jan-2021 : 40.9881
Will the Pound Sterling 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 GBP/THB to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
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View My Alerts
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair to your watchlist we then start automatically checking the exchange rate for any HIGH or LOW event or significant UP or DOWN moves over a range of daily periods only as far back as 90 days.