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THB to GBP - Rate Guide

Thai Baht to Pound Sterling 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 = 0.024637 GBP

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THB to GBP - Trading Range (90 Day)
1-DAY ▼ 0.8% (3d)
THB/GBP at 0.024599 is trading 2.6% below the 90-day average 0.025245 with a range 0.024237 to 0.026111. 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 Pound Sterling

THB

GBP

฿ 1
£ 0.0246
฿ 5
£ 0.1232
฿ 10
£ 0.2464
฿ 20
£ 0.4927
฿ 50
£ 1.2319
฿ 100
£ 2.4637
฿ 250
£ 6.1593
฿ 500
£ 12.32
฿ 1,000
£ 24.64
฿ 2,000
£ 49.27
฿ 5,000
£ 123.19
฿ 10,000
£ 246.37
฿ 50,000
£ 1,232
฿ 100,000
£ 2,464
More amounts

THB

GBP

฿ 40.59
£ 1
฿ 202.95
£ 5
฿ 405.90
£ 10
฿ 811.80
£ 20
฿ 2,030
£ 50
฿ 4,059
£ 100
฿ 10,148
£ 250
฿ 20,295
£ 500
฿ 40,590
£ 1,000
฿ 81,180
£ 2,000
฿ 202,950
£ 5,000
฿ 405,900
£ 10,000
฿ 2,029,500
£ 50,000
฿ 4,059,000
£ 100,000
More amounts

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

 

Country Guides (THB & GBP)

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)

THB and GBP in the Markets

When determining the best time to make a foreign exchange transaction, in this case the THB vs GBP, 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.

 

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.


How to get Best THB to GBP 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 GBP?

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/GBP exchange rate over longer periods.

THB/GBP - Historical Rates

PeriodTHB/GBPDate
1 Day0.024810 Feb 2020
7 Day0.024804 Feb 2020
30 Day0.025412 Jan 2020
3 Month0.025713 Nov 2019
1 Year0.024711 Feb 2019
5 Year0.019912 Feb 2015
10 Year0.019213 Feb 2010

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