Thai Baht Exchange Rate Calculator
Convert Foreign Currencies to THB (and vice versa) instantly.
Understanding Thai Exchange Rates
When traveling to Thailand or sending money internationally, understanding the Thai Baht (THB) exchange rate is crucial for maximizing your budget. This calculator helps you estimate exactly how much Thai Baht you will receive for your foreign currency, or how much foreign currency you can buy with Thai Baht, accounting for exchange rates and potential transaction fees.
How to Use This Calculator
Unlike simple arithmetic, currency exchange involves specific buying and selling rates. Here is how to use the tool:
- Conversion Direction: Select whether you are buying Thai Baht (Foreign → THB) or selling Thai Baht (THB → Foreign).
- Amount to Convert: Enter the total amount of cash or digital funds you wish to exchange.
- Exchange Rate: Input the current "spot rate" or the rate offered by your bank or money changer. For example, if 1 USD equals 36.50 THB, enter "36.50".
- Exchange Fee: Many booths and banks charge a commission or a hidden "spread" fee. If you know the percentage (e.g., 2.5% for credit cards), enter it here to see your net total.
Factors Influencing the THB Rate
The value of the Thai Baht fluctuates based on several economic factors, including:
- Tourism Levels: As a major industry in Thailand, high tourism often strengthens the Baht.
- Exports: Thailand is a major exporter of rice, electronics, and automotive parts. Strong export data typically supports the currency.
- Global Interest Rates: Decisions by the US Federal Reserve often impact emerging market currencies like the THB.
Where to Get the Best Rates in Thailand?
If you are exchanging physical cash, distinct differences exist between providers:
- Superrich (Green & Orange): Famous in Bangkok for offering some of the best rates, often very close to the mid-market rate.
- Local Bank Booths: Conveniently located at airports and malls (SCB, Kasikorn, Bangkok Bank), but they typically offer slightly lower rates than dedicated money changers.
- Airport Kiosks: Exchange rates inside the terminal (before immigration) are usually the poorest. It is often recommended to exchange only a small amount there and the rest in the city center.
Buying vs. Selling Rates
When looking at an electronic board at a money changer in Bangkok, you will see two columns:
- Buying Rate: The rate the bank pays you when you sell foreign currency to buy Thai Baht.
- Selling Rate: The rate the bank charges you when you want to buy foreign currency with Thai Baht.
The difference between these two is known as the "spread," which acts as the profit margin for the exchange service.