The live mid-rate USD to THB exchange rate is 34.24. Compare currency conversion rates - Reduce FX costs.
The best USD to THB exchange rate is our partner deal rate of 34.07 from OFX . This is -0.5% compared to the mid-market rate 34.24.
The standard OFX USD-THB rate is 33.5389, -2% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Thai baht (THB) rates from different sources before making a conversion.
Looking at our comparison table the best USD to THB exchange rate is 34.07 from OFX, -0.5% from the mid-market rate 34.24. The next best rate is 34.03 from XE, -0.61% from the mid-rate. Wise with 34.02 is -0.64% from the mid-rate.
The Western Union rate is 33.9 which is -0.99% from the mid-rate.
Among the banks, the Citibank rate is 33.03 at -3.5%, the Chase Bank rate is 31.66 at -7.5%, and the Wells Fargo Bank rate is 31.45 at -8.1% from the mid-rate.
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.
The Dollar to Baht comparison table above 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 USD-THB mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/THB | Change | Period |
|---|---|---|---|
20 Nov 2024 | 34.64 | 0.8% ▼ | 2 Week |
05 Sep 2024 | 33.61 | 2.2% ▲ | 3 Month |
05 Dec 2023 | 35.27 | 2.6% ▼ | 1 Year |
06 Dec 2019 | 30.36 | 13.2% ▲ | 5 Year |
07 Dec 2014 | 32.96 | 4.2% ▲ | 10 Year |
09 Dec 2004 | 39.61 | 13.3% ▼ | 20 Year |
Here are some popular conversion amounts for USD to THB (US dollar to Thai baht)*.
*Converted at the current USDTHB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD/THB exchange rate outlook is currently shaped by a mix of economic data, political developments, and global market dynamics. Following a series of disappointing economic indicators from the US, which included underwhelming employment figures and a slowdown in service sector activity, the US dollar (USD) experienced some setbacks. However, sentiment remains cautiously optimistic, with some analysts suggesting that the upcoming initial jobless claims report could potentially bolster the dollar if it reflects resilience in the US labor market. Factors such as Donald Trump's pro-business policies and inflationary expectations are anticipated to sustain upward pressure on the USD, prompting some analysts to forecast continued strength in the currency despite recent volatility. Major financial institutions, including JPMorgan and Goldman Sachs, expect the dollar to maintain its upward trajectory, particularly with the Fed likely to keep interest rates elevated in response to inflation concerns.
Read our full review of recent USD to THB forecasts.
There are several ways to save on exchange rates when converting US dollar to Thai baht:
Generally speaking, if you are buying Thai baht with US dollar, then it's better for the USD/THB exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees 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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Thailand - a practical currency and money guide to travel, living and doing business in Thailand with the Thai baht.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
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 personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Thailand (THB) |
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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