AUD to THB Transfers Compared

   

AUD/THB update: Analysts show a cautiously optimistic view for the AUD as it hovers around 21.19, supported by stable commodity prices despite inflation concerns. Meanwhile, weakening economic outlook in Thailand may impact the THB, keeping the exchange rate fluctuating in the coming months

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What is the best Send Money conversion rate for AUD to THB?

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Thai baht (THB) rates from different sources before making a conversion.

The above Aussie to Baht comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest AUD-THB mid-rate and the possible savings of using various providers. 

How do AUD-THB rates compare between providers?

The next best is XE at 21.05, -0.57% from the mid-rate.

Then Wise at 21.04, which is -0.61% from the mid-rate.

The Western Union rate is 20.96 which is -0.99% from the mid-rate.

Among the banks the Commonwealth Bank rate is 20.03 at -5.4% the ANZ Bank rate is 20.2710 at -4.2% and the ING Bank rate is 20.05 at -5.3% compared to the mid-rate 21.17.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.