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USD/THB - Convert Compare Save

United States Dollar to Thai Baht 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.

 

This resource page for the United States Dollar to Thai Baht exchange rate, has news, forecasts and USD to THB comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

USD/THB Exchange Rates - How to Compare & Save

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 USD/THB International Money Transfers. Costs are calculated against the current interbank mid-rate.

 

USD to THB International Money Transfers

  

Foreign Transfer ProvidersReceive THB(฿)Exchange RateFee USDTotal CostDeal Links
XE logo
298,400 THB
Best Overall
29.8401.25%
OFX logo
299,900 THB
1,500 THB
29.990^0.76%
Wells Fargo Bank logo
293,371 THB
5,029 THB
29.39182.92%
HSBC logo
293,160 THB
5,240 THB
29.36$152.99%
Banks - Average Rate
Bank of America logo U.S. Bank logo Wells Fargo Bank logo HSBC logo
291,371 THB
7,029 THB
29.31153.58%
Bank of America International Money Transfers
Bank of America logo
289,476 THB
8,924 THB
29.24$1004.21%
U.S. Bank International Money Transfers
U.S. Bank logo
289,476 THB
8,924 THB
29.24$1004.21%
 
XE: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:
Exchange Rate:29.84 (1.25% from mid-rate)
THB amount:298,400 THB
Total Cost:1.25%
Time:6:00 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 3.5/5.0
Reviews:
 
OFX: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:0^ - No fees for BestExchangeRates users (normally $12 for smaller transfers)
Exchange Rate:29.99 (0.76% from mid-rate)
THB amount:299,900 THB
Total Cost:0.76%
Difference:
1,500 THB more than using XE
Time:
Rate Fetched: Sun Aug 25 2019 04:02:51 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:18
Exchange Rate:29.39 (2.74% from mid-rate)
THB amount:293,371 THB
Total Cost:2.92%
Difference:
5,029 THB less than using XE
Time:6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:$15 USD (.15%)
Exchange Rate:29.36 (2.84% from mid-rate)
THB amount:293,160 THB
Total Cost:2.99%
Difference:
5,240 THB less than using XE
Time:6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:15
Exchange Rate:29.18 (3.44% from mid-rate)
THB amount:291,371 THB
Total Cost:3.58%
Difference:
7,029 THB less than using XE
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Bank of America logoBank of America

Bank of America: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:29.24 (3.24% from mid-rate)
THB amount:289,476 THB
Total Cost:4.21%
Difference:
8,924 THB less than using XE
Time:6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

U.S. Bank logoU.S. Bank

U.S. Bank: Foreign Transfer USD→THB
USD amount:$10,000 USD
Fee:$100 USD (1%)
Exchange Rate:29.24 (3.24% from mid-rate)
THB amount:289,476 THB
Total Cost:4.21%
Difference:
8,924 THB less than using XE
Time:6:00 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

Example 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.

Travel Money ProvidersAmount THB(฿)Exchange RateFee USDTotal CostDeal Links
U.S. Bank Foreign Currency
U.S. Bank logo
28,290 THB
Compare
28.2906.38%
Banks - Average Rate
U.S. Bank logo Wells Fargo Bank logo
28,007 THB
283 THB
28.29$107.32%
Wells Fargo Bank logo
27,724 THB
566 THB
28.29$208.26%
Travelex Online US logo
26,927 THB
1,363 THB
26.92650^10.89%
 

U.S. Bank logoU.S. Bank

U.S. Bank: Travel Money USD→THB
USD amount:$1,000 USD
Fee:0
Exchange Rate:28.29 (6.38% from mid-rate)
THB amount:28,290 THB
Total Cost:6.38%
Time:6:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Travel Money USD→THB
USD amount:$1,000 USD
Fee:$10 USD (1%)
Exchange Rate:26.44 (12.5% from mid-rate)
THB amount:28,007 THB
Total Cost:7.32%
Currency Services:Branch
Delivery/Collect:-
 

Wells Fargo Bank logoWells Fargo Bank

Wells Fargo Bank: Travel Money USD→THB
USD amount:$1,000 USD
Fee:$20 USD (Minimum fee)
Exchange Rate:28.29 (6.38% from mid-rate)
THB amount:27,724 THB
Total Cost:8.26%
Time:6:00 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online US: Travel Money USD→THB
USD amount:$1,000 USD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:26.9265 (10.89% from mid-rate)
THB amount:26,927 THB
Total Cost:10.89%
Time:
Rate Fetched: Sun Aug 25 2019 04:15:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Snapshot 08/25/2019 - See full table

USD to THB interbank exchange rate = 30.2185

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on USD/THB exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

USD and THB in the Markets

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

 

United States Dollar (USD)

The US dollar has held its value this year despite a serious escalation in US-China trade tensions, mainly because the greenback is still considered a safer currency to own than most others. After grim employment data on June-7, the Dollar Index was up 0.5 percent on the year (it had fallen 2 percent from May’s 2-year high).

As in other parts of the world, interest rate cuts are now expected in the US following a drastic shift in economic forecasts. At least two Fed cuts are expected this year, with the first most likely to come in July.

Taking the blame for the economic downturn is US President Donald Trump, whose trade policies have set a ball rolling that could wipe $455bn from global output according to the IMF.

Read more in the article USD Forecasts.

 

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.

Why can't I just get the USD/THB 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 USD / THB 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 USD Exchange Rates