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Compare Online USD/THB travel money rates

Find the best online currency exchange rates (United States Dollar to Thai Baht cash)

 

1 USD = 31.32 THB

This is the current USD-THB mid-market exchange rate. The Total Cost of buying foreign currency in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market USD-THB exchange rate.

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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

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Thai Baht (THB) - Market news and forecasts

26-January-19: 2018 was a great year for the baht, with gains of 0.7 percent, 5.6 percent and 11.7 percent against the US dollar, euro and Australian dollar respectively.

2019, too, has begun with a bang. By late January, the baht had strengthened further to reach a 9-month high against the US dollar, at ฿31.51, and nearly a 4-year high against the euro, at ฿32.92. The baht was trading against the Australian dollar at levels last seen in 2009, in the mid-฿22s!

The baht has been well supported since the Bank of Thailand finally commenced with the process of monetary policy normalisation in December, in which the Bank raised its benchmark interest rate for the first time since 2011, from a near-record low.

The chairman of the Federation of Thai Capital Market Organisations predicted in January 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.

Sorry, our travel money calculators are currently only available for comparing exchange rates rates for buying foreign cash and travel money in Australia, Canada, France, Germany, Netherlands, New Zealand, United Kingdom and the USA.

Currency News and Forecasts - United States Dollar

Japan Allows Fintech Payments Specialists to Compete with Banks
Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates