Comparing USD/THB Exchange Rates
You should always check the total cost for any exchange rate you are provided by banks or FX specialists. These exchange rates almost always contain a margin from the wholesale USD/THB rate ( interbank mid-rate) plus fixed or percentage fees.
These margins and fees can vary significantly for USD to THB International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions. Note the total cost will also vary on the currencies and total amount being exchanged.
We can help you get an even better deal when sending a Large International Money Transfer.
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US dollar to Thai baht - Quick Convert
|$ 1||฿ 31.04|
|$ 5||฿ 155.20|
|$ 10||฿ 310.40|
|$ 20||฿ 620.80|
|$ 50||฿ 1,552|
|$ 100||฿ 3,104|
|$ 250||฿ 7,760|
|$ 500||฿ 15,520|
|$ 1,000||฿ 31,040|
|$ 2,000||฿ 62,080|
|$ 5,000||฿ 155,200|
|$ 10,000||฿ 310,400|
|$ 50,000||฿ 1,552,000|
|$ 100,000||฿ 3,104,000|
Calculate other USD/THB amounts (from or to) at mid-market with our USD to THB Calculator .
US dollar and Thai baht News
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.
US dollar (USD)
Thai baht (THB)
The Thai Baht has risen 4% so far this year against the US dollar due to greenback weakness, this won't help with the hoped for tourism lead recovery of the Thai economy post virus.
NAB told Bloomberg TV that it sees a recovery in Asian currencies in the 2nd half of 2020 if the coronavirus comes under control.
In 2018 tourism contributed around 20 percent of Thailand's total GDP, so the dramatic impact to tourism from the coronavirus pandemic is expected to plunge Thailand into a recession.
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 has previously 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.
Country Guides - Thai baht
How to get Good USD to THB Exchange Rates
There are two important ways to save on Foreign Exchange, the first is minimising unnecessary or excessive costs and fees, and the other is to transact when the exchange rate is in your favour.
Reduce Excessive costs and fees
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.
What is a good USD to THB exchange rate?
This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar vs Thai baht current value is to look the USD/THB historic rate and change over a range of periods.
The following table looks at the change in the USD to THB exchange rate over periods from the previous week back to the last 10 years.
30 Apr 2021
|0.3% ▼||1 Week|
07 Apr 2021
|1.1% ▼||30 Days|
06 Feb 2021
|3.5% ▲||90 Days|
07 May 2020
|4.1% ▼||1 Year|
08 May 2016
|11.7% ▼||5 Years|
10 May 2011
|2.9% ▲||10 Years|
USD/THB 10 year historic rates & change to 07-May-2021 : 31.0374
Will the US dollar rise against the Thai baht?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/THB to your BestExchangeRates My Rates Watchlist to track and benefit from currency movements.
Rather than requiring you to set a target rate, our FX Alerts work differently.
Once you add a currency pair for tracking in your watchlist we will automatically check the exchange rate for any UP▲ or DOWN▼ move over a range of periods over the recent 90 days.