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THB to NZD - Rate Guide

Thai Baht to New Zealand 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 transactions as shown below.

 

THB/NZD update & alerts

1 THB = 0.051694 NZD

ALERT: 30-DAY LOW |
At 0.051694 THB/NZD is trading well above its 90 day average 0.05102 with range 0.052429 to 0.047927. ALERT: THB/NZD has dropped to a 30-DAY LOW. Updated: 08:56-AEDT 22:56-BST 17:56-EDT
 

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THB/NZD Exchange Rates and Providers Compared

Exchange rates can 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/NZD International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

THB / NZD converter & margin calculator

฿THB
NZ$NZD
mid-rates

When sending Thai Baht to New Zealand Dollar we recommend:

WorldRemit WorldRemit


Foreign Transfers Travel Money

Thai Baht

New Zealand Dollar

1 THB 0.0517 NZD
5 THB 0.2585 NZD
10 THB 0.5169 NZD
20 THB 1.0339 NZD
50 THB 2.5847 NZD
100 THB 5.1694 NZD
250 THB 12.92 NZD
500 THB 25.85 NZD
1,000 THB 51.69 NZD
2,000 THB 103.39 NZD
5,000 THB 258.47 NZD
10,000 THB 516.94 NZD
50,000 THB 2,584.70 NZD
100,000 THB 5,169.40 NZD
See more

Thai Baht

New Zealand Dollar

19.34 THB 1 NZD
96.70 THB 5 NZD
193.40 THB 10 NZD
386.80 THB 20 NZD
967.00 THB 50 NZD
1,934.00 THB 100 NZD
4,835.00 THB 250 NZD
9,670.00 THB 500 NZD
19,340.00 THB 1,000 NZD
38,680.00 THB 2,000 NZD
96,700.00 THB 5,000 NZD
193,400.00 THB 10,000 NZD
967,000.00 THB 50,000 NZD
1,934,000.00 THB 100,000 NZD
See more
Country Guides (THB & NZD)
New ZealandNew Zealand (NZD)Cook IslandsCook Islands (NZD)NiueNiue (NZD)
PitcairnPitcairn (NZD)ThailandThailand (THB)TokelauTokelau (NZD)

THB/NZD - Historical Trends

This table shows historic rates and trends of Thai Baht to New Zealand Dollar over periods upto 10 years.

PeriodTHB/NZDDate
1 Day0.052214 Oct 2019
7 Day0.052208 Oct 2019
30 Day0.051415 Sep 2019
3 Month0.048117 Jul 2019
1 Year0.046615 Oct 2018
5 Year0.038916 Oct 2014
10 Year0.040517 Oct 2009

You can use our THB interactive charts to check THBNZD historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

THB and NZD in the Markets

When determining the best time to make a foreign exchange transaction, in this case the THB vs NZD, 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. Approaching mid-year, 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.

 

New Zealand Dollar (NZD)

The New Zealand dollar weakened in June to a 7-month low against the euro, at rates below €0.58.

At US$0.65, the kiwi remained weak against the greenback, 6 percent lower than rates in March.

Against the Australian dollar, NZD has been steady in recent months, having spent much of its time between A$0.94 and A$0.95.

Robbing New Zealand's currency of gains in 2019 have been lower NZ interest rates, reduced risk appetite spurred on by an escalation in the US-China trade standoff, and high correlations with other weak currencies, including the Australian dollar and yuan.

Read more in the article NZD Forecasts.

Why can't I just get the THB/NZD market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the THB / NZD was traded (bought or sold) in the international markets.

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). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however 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.

We help you Compare & Save Money on Exchange Rates.

 

View all THB Exchange Rates