United States Dollar to Thai Baht - Convert Compare Save
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 and Travel Money transactions as shown below.
Compare USD/THB Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks for USD/THB International Money Transfers. Costs are calculated against the amount when USD is converted to THB at mid-rate.
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313,200 THB
Best Overall
31.32
0^
1.59%
Bank Transfers - Online & Phone, Foreign Currency Accounts
The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.
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Right now the USD/THB interbank exchange rate is 31.829.
It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.
It's the reference rate we use to calculate how much you are being charged to convert Thai Baht to United States Dollar.
This USD/THB Converter calculates equivalent United States Dollar to Thai Baht amounts at the market mid-rate.
You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.
United States Dollar to Thai Baht (USD-THB) - 10 Year History
The below table shows the historic variation in the USD/THB exchange rate over the last 10 years.
The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
You can also view our various charts of USD versus other currencies : USD historical charts.
Date
Exchange Rate
Period
Change
20 Apr 2019
31.8290
Latest
13 Apr 2019
31.7039
1 Week
+0.39%
21 Mar 2019
31.7400
1 Month
+0.28%
22 Oct 2018
32.8180
6 Months
-3.01%
20 Apr 2018
31.2825
1 Year
+1.75%
20 Apr 2017
34.4300
2 Years
-7.55%
21 Apr 2014
32.2249
5 Years
-1.23%
22 Apr 2009
35.5675
10 Years
-10.51%
Why can't I just get the USD/THB market rate I see on Google or in the Media?
The USD/THB mid-rate is the rate you will see
Quoted on Google
or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between
the last rate at which the USD / THB was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market USD/THB midrate the better deal you are getting.
The three things you need in order to get a good USD to THB exchange rate
Know the latest USD/THB market mid-rate.
The closer your final exchange rate is to this real market rate the better deal you are getting.
You should also judge how the current rate compares to the historic rate over the past 10 years.
Compare your Bank's transaction costs
to several
licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees.
We make that easy to do with our calculators for
Foreign Transfers
and
Travel Money
transactions.
Currency news and forecasts for United States Dollar 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 USD vs THB, you should pay attention to both United States Dollar and Thai Baht news and forecasts.
United States Dollar (USD) - Market news and forecasts
In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.
The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.
Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.
Thai Baht (THB) - Market news and forecasts
Recent years have been extremely kind to the baht, although not so kind to Thailand’s exporters. At various points in 2019, against the Australian dollar, New Zealand dollar, Canadian dollar and British pound, the baht has traded at its highest level in a decade or longer.
The baht’s year-to-date gain of 1.7 percent against the US dollar (to March-28) puts the baht among the year’s best performing currencies.
In March, per a Reuters currency positioning poll, FX traders were increasing their bets on Thai baht appreciation.
The chairman of the Federation of Thai Capital Market Organisations predicted earlier this year that the baht would continue to appreciate over the medium to long term as capital flows return to Thailand in the face of a more gradual rise in US interest rates and as the US economy slows down.
Thailand