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    Best USD to THB Exchange Rates Compared Live

    The live mid-rate USD to THB exchange rate is 34.23. Compare currency conversion rates - Reduce FX costs.

    USD-THB Search & Compare
     

     
    The USD to THB exchange rate is at 34.33 THB, 1.9% above its three-month average. FX analysts point to a resilient US labor market and ongoing political factors as key drivers. Meanwhile, the Thai baht remains pressured amidst fluctuating oil prices and a recovering tourism sector. 04-Dec

     
     

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

    The best USD to THB exchange rate is our partner deal rate of 34.06 from OFX . This is -0.5% compared to the mid-market rate 34.23.

    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.

    How do USD-THB rates compare between providers?

    Looking at our comparison table the best USD to THB exchange rate is 34.06 from OFX, -0.5% from the mid-market rate 34.23. The next best rate is 34.02 from XE, -0.61% from the mid-rate. Wise with 34.01 is -0.64% from the mid-rate.

    The Western Union rate is 33.89 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.

     

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    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. 

     
     
     

    USD to THB Market Data

    US dollar (USD) to Thai baht (THB) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 USD =
    34.23We compare provider deals to this wholesale mid-market rate. Read more
    THB
    -0.3%
    USD to THB at 34.25 is 1.6% above its 3-month average of 33.7, having traded in a fairly volatile 8.4% range from 32.30 to 35.02
    |
    Sell USD   →   Buy THB
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      1 THB = 0.029212 USD
    DateUSD/THBChangePeriod
    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
    USD/THB historic rates & change to 04-Dec-2024
     

    What are equivalent amounts of USD and THB?

    Here are some popular conversion amounts for USD to THB (US dollar to Thai baht)*.

    USD THB
    $ 1 ฿ 34.23
    $ 5 ฿ 171.15
    $ 10 ฿ 342.30
    $ 20 ฿ 684.60
    $ 50 ฿ 1,712
    $ 100 ฿ 3,423
    $ 250 ฿ 8,558
    $ 500 ฿ 17,115
    $ 1,000 ฿ 34,230
    $ 2,000 ฿ 68,460
    $ 5,000 ฿ 171,150
    $ 10,000 ฿ 342,300
    $ 20,000 ฿ 684,600
    $ 50,000 ฿ 1,711,500
    $ 100,000 ฿ 3,423,000
    USD THB
    $ 0.0292 ฿ 1
    $ 0.1461 ฿ 5
    $ 0.2921 ฿ 10
    $ 0.5842 ฿ 20
    $ 1.4606 ฿ 50
    $ 2.9212 ฿ 100
    $ 7.3030 ฿ 250
    $ 14.61 ฿ 500
    $ 29.21 ฿ 1,000
    $ 58.42 ฿ 2,000
    $ 146.06 ฿ 5,000
    $ 292.12 ฿ 10,000
    $ 584.24 ฿ 20,000
    $ 1,461 ฿ 50,000
    $ 2,921 ฿ 100,000

    More amounts

    *Converted at the current USDTHB interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for USD to THB

     

    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.

     
    USD to THB flags

    How to get a good USD to THB exchange rate

    There are several ways to save on exchange rates when converting US dollar to Thai baht:

    1. Shop around for the best USD/THB exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/THB rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and THB at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    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.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

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    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 personalised Rate Tracker to track and benefit from currency movements.

     
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    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

     
     

    Currency Country Guides

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    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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