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THB to CAD - Rate Guide

Thai Baht to Canadian Dollar 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 THB = 0.042435 CAD

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THB to CAD - Trading Range (90 Day)
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THB/CAD at 0.04251 is trading 1.9% below the 90-day average 0.043314 with a range 0.042362 to 0.04452. There are no current rate alerts.
16-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Thai Baht to Canadian Dollar

THB

CAD

฿ 1
C$ 0.0424
฿ 5
C$ 0.2122
฿ 10
C$ 0.4244
฿ 20
C$ 0.8487
฿ 50
C$ 2.1218
฿ 100
C$ 4.2435
฿ 250
C$ 10.61
฿ 500
C$ 21.22
฿ 1,000
C$ 42.44
฿ 2,000
C$ 84.87
฿ 5,000
C$ 212.18
฿ 10,000
C$ 424.35
฿ 50,000
C$ 2,122
฿ 100,000
C$ 4,244
More amounts

THB

CAD

฿ 23.57
C$ 1
฿ 117.85
C$ 5
฿ 235.70
C$ 10
฿ 471.40
C$ 20
฿ 1,179
C$ 50
฿ 2,357
C$ 100
฿ 5,893
C$ 250
฿ 11,785
C$ 500
฿ 23,570
C$ 1,000
฿ 47,140
C$ 2,000
฿ 117,850
C$ 5,000
฿ 235,700
C$ 10,000
฿ 1,178,500
C$ 50,000
฿ 2,357,000
C$ 100,000
More amounts

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

 

Country Guides (THB & CAD)

CanadaCanada (CAD)ThailandThailand (THB)

THB and CAD in the Markets

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

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.

 

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.


How to get Best THB to CAD 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.

When is the best time to exchange THB to CAD?

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

It is also a good idea to be aware of the change in the historic THB/CAD exchange rate over longer periods.

THB/CAD - Historical Rates

PeriodTHB/CADDate
1 Day0.042610 Feb 2020
7 Day0.042904 Feb 2020
30 Day0.043212 Jan 2020
3 Month0.043813 Nov 2019
1 Year0.042311 Feb 2019
5 Year0.038412 Feb 2015
10 Year0.031613 Feb 2010

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