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Compare GBP to THB travel money rates

Find the best currency exchange rates (British Pound Sterling to Thai Baht cash)

This travel money calculator compares currency exchange rates for buying Thai Baht foreign cash or purchases and withdrawals made with travel cards. Alternatively, you can compare GBP to THB foreign transfer exchange rates or use our quick and easy GBP to THB currency converter instead. We also help you save on your hotel costs - Search Thailand hotel deals.

Currency news and forecasts for British Pound Sterling and Thai Baht

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the GBP vs THB, you should pay attention to both British Pound Sterling and Thai Baht news and forecasts.

British Pound Sterling (GBP) - Market news and forecasts

10-December-18: UK politics was in a state of disarray in December and a no-deal Brexit was looking ever more likely. As a result, sterling struck a 20-month low against the dollar ($1.251) and a 3-1/2-month low against the euro (€1.1). Against each of its peers, sterling had been worth 17 percent more prior to the UK’s EU referendum in June 2016.

The Bank of England has predicted a shocking 25 percent loss in the pound’s value in the event of a “disorderly” no-deal Brexit, under which there will be serious border delays and a marked loss of confidence in Britain’s financial institutions.

In the more likely event of a milder, “disruptive” no-deal Brexit, under which goods face tariffs but flow somewhat easily, sterling still loses 15 percent, the BoE believes.

How likely is no-deal? It’s highly likely unless Prime Minister May achieves a time-limited backstop; British MPs will not accept much else. This will be difficult for May to achieve — EU negotiators have already said that their previous offer was the last and only offer — and little time remains, with Brexit scheduled for March-29.

Thai Baht (THB) - Market news and forecasts

Entering the third week of October, the baht is one of the best performing currencies of the year, being unchanged against the US dollar, at a level of ฿32.50, and having gained more than 4 percent and 9 percent against the euro (฿37.50) and Australian dollar (฿23.20) respectively.

The baht’s overall performance in 2018 shines relative to its peers, many of which have lost considerable value due to this year’s emerging market currency crises and massive amounts of US protectionism, which threatens global trade.

With Thailand soon likely to announce its first interest rate hike since 2011 (in September, two of the Bank of Thailand’s seven decision makers voted to hike), the outlook for the baht in the months ahead remains good and further strength should not be a surprise.

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