Current USD to THB Exchange Rate
The current exchange rate for converting US Dollars (USD) to Thai Baht (THB) is 1 USD = 36.719232 THB. This means that for every 1 US Dollar, you can receive approximately 36.72 Thai Baht. Conversely, 1 THB = 0.0272337 USD, meaning that for each Thai Baht, you would get around 0.027 US Dollars.
Exchange rates between currencies fluctuate on a daily basis due to various economic and political factors. It’s essential to stay updated with the latest USD to THB exchange rate when planning to convert money or make international transactions involving these two currencies.
USD/THB Exchange Rate Details
Here are some key details about the current USD to THB exchange rate:
- 1 USD = 36.719232 THB
- 1 THB = 0.0272337 USD
- Last updated: Jun 19, 2024, 05:12 UTC
These rates represent the mid-market exchange rate, which is the average of the buy and sell rates from global currency markets. However, the actual rate you receive may vary depending on the provider or platform you use for currency conversion.
USD and THB Currency Information
The US Dollar (USD) is the official currency of the United States and is widely used in international trade and financial transactions. It is represented by the symbol “$” and has the currency code “USD”.
The Thai Baht (THB) is the official currency of Thailand. It is represented by the symbol “฿” and has the currency code “THB”. The Thai Baht is divided into 100 satang.
Currency | Symbol | Code |
---|---|---|
US Dollar | $ | USD |
Thai Baht | ฿ | THB |
Historical USD/THB Exchange Rate Data
Analyzing historical exchange rate data can help identify trends and patterns in the USD to THB currency pair. This information is useful for making informed decisions when converting money or planning future transactions.
30-Day High, Low and Average Rates
Over the last 30 days, the USD to THB exchange rate has experienced the following:
- Highest rate: 36.925 THB
- Lowest rate: 36.077 THB
- Average rate: 36.638 THB
90-Day High, Low and Average Rates
Looking at a broader 90-day period, the USD/THB exchange rate statistics are:
- Highest rate: 37.21 THB
- Lowest rate: 35.932 THB
- Average rate: 36.649 THB
30-Day and 90-Day Volatility
Exchange rate volatility measures the rate’s fluctuation over a given period. For the USD to THB pair:
- 30-day volatility: 0.36%
- 90-day volatility: 0.38%
Lower volatility suggests more stability in the exchange rate, while higher volatility indicates greater fluctuations and potential risks or opportunities when converting between the two currencies.
Converting USD to THB
When converting US Dollars to Thai Baht, it’s essential to find a reliable and cost-effective method to ensure you get the best possible exchange rate. Here are some options for converting USD to THB:
Using Online Currency Converters
Online currency converters, such as XE and Wise, provide real-time exchange rates for converting USD to THB. These platforms offer mid-market exchange rates, which are often more competitive than rates offered by banks or traditional currency exchange services.
To use an online currency converter, simply enter the amount of USD you wish to convert, and the tool will display the equivalent amount in THB based on the current exchange rate. Some popular converters include:
- XE Currency Converter
- Wise Conversion
Money Transfer Services for USD to THB
Money transfer services, such as Wise, allow you to send USD to Thailand and have the funds automatically converted to THB. These services often offer better exchange rates and lower transfer fees compared to traditional banks.
When using a money transfer service, you’ll need to create an account, provide the recipient’s details, and choose the amount you wish to send. The service will then convert your USD to THB and deliver the funds to the recipient’s Thai bank account.
Tips for Getting the Best USD/THB Exchange Rate
To ensure you get the best possible exchange rate when converting USD to THB, consider the following tips:
- Compare rates from multiple providers to find the most competitive offer.
- Be aware of any hidden fees or charges that may affect the total cost of your conversion or transfer.
- Choose a provider that offers transparent and real-time exchange rates.
- Consider the timing of your conversion, as exchange rates fluctuate throughout the day.
Related USD and THB Resources
For more information about USD to THB exchange rates and currency conversions, explore these related resources:
USD Exchange Rates With Other Currencies
In addition to THB, the US Dollar is widely traded against other major currencies, such as:
- Euro (EUR)
- British Pound (GBP)
- Japanese Yen (JPY)
- Canadian Dollar (CAD)
- Australian Dollar (AUD)
- Swiss Franc (CHF)
- Chinese Yuan (CNY)
Comparing USD exchange rates with these currencies can provide insights into global economic trends and help inform your currency conversion strategies.
Tools for Tracking Live Exchange Rates
Staying informed about live USD to THB exchange rates is essential for making timely and effective currency conversions. Some useful tools for tracking live rates include:
- Currency exchange websites, such as XE and Wise, which provide real-time rates and historical data.
- Mobile apps that offer live exchange rate updates and alerts.
- Currency charts and graphs that visualize exchange rate fluctuations over time.
- APIs that allow you to integrate live exchange rate data into your own applications or platforms.
By leveraging these tools and resources, you can make more informed decisions when converting USD to THB and manage your currency exchange risks effectively.
See also:
- Convert US Dollars to Maldivian Rufiyaa | Maldives Currency Exchange
- Indian Currency Exchange Rate: USD to INR Conversion – Xe
- Convert USD to RON: US Dollars to Romanian Lei Exchange Rate
- Georgia Currency Exchange Rate: USD to GEL – Convert US Dollars to Georgian Lari
- Croatia Currency: A Guide to Money in Croatia