The live mid-market USD-THB exchange rate is 33.83. Compare currency conversion rates - Reduce FX costs.
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The best USD to THB exchange rate is 33.66 from OFX. This is -0.5% compared to the mid-market rate 33.83.
Exchange rates can vary significantly between different currency exchange providers, so it's important to Compare US dollar (USD) to Thai baht (THB) rates from different sources before making a conversion.
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 |
---|---|---|---|
18 Oct 2024 | 33.13 | 2.1% ▲ | 2 Week |
03 Aug 2024 | 35.28 | 4.1% ▼ | 3 Month |
02 Nov 2023 | 35.98 | 6% ▼ | 1 Year |
03 Nov 2019 | 30.18 | 12.1% ▲ | 5 Year |
04 Nov 2014 | 32.66 | 3.6% ▲ | 10 Year |
06 Nov 2004 | 40.96 | 17.4% ▼ | 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.
Recent analysis indicates that the USD to THB exchange rate is characterized by notable volatility, reflecting current economic reports and geopolitical dynamics. After initially strengthening due to robust ADP payroll figures, the US dollar experienced a decline following disappointing third-quarter GDP results. As FX analysts observe, the market is keenly anticipating the upcoming core PCE price index, the Federal Reserve's preferred inflation gauge. A cooling inflation rate could lead to further depreciation of the USD, especially given the speculation surrounding the US presidential election, where expectations of Donald Trump's potential victory may lead to heightened inflation and subsequently sustained interest rates from the Fed.
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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