The Thai baht has been a widely traded currency for decades, and its value has fluctuated over the years. The exchange rate between the Thai baht and the US dollar is subject to change based on various economic factors.
In 2018, the Thai baht was trading at a rate of approximately 30.5 THB to 1 USD. This was a significant change from the previous year, when the rate was around 32.5 THB to 1 USD.
Historically, the Thai baht has been pegged to the US dollar, but in 1997, the Thai government floated the currency, allowing it to trade freely on the market. This move had a significant impact on the economy, leading to a devaluation of the baht.
Since then, the Thai baht has experienced periods of both appreciation and depreciation against the US dollar.
Currency Conversion
Currency conversion is a straightforward process. You can easily convert Thai Baht to US Dollars using a live currency converter. Simply type in the box how much you want to convert.
To do this, select THB in the first dropdown as the currency you want to convert, and USD in the second dropdown as the currency you want to convert to. Our currency converter will show you the current THB to USD rate and how it's changed over the past day, week, or month.
For example, as of January 6, 2025 10:45 AM UTC, 100 Thai Baht is equivalent to 2.8860 US Dollars. The exchange rate at this time is 0.02886 US Dollars per Thai Baht.
You can also check the top currency pairings for Thai Baht, including THB to USD, THB to EUR, and more.
Here's a quick rundown of the current exchange rates:
Keep in mind that exchange rates can fluctuate, so it's always a good idea to check the current rate before making a conversion.
Current Exchange Rate
The current exchange rate is a crucial piece of information when converting Thai Baht to US Dollars. As of January 6, 2025, 10:45 AM UTC, the best THB to USD exchange rate is 0.02886 USD.
To give you a better idea, 1 Thai Baht is equivalent to 0.0289 US Dollar, according to the latest currency exchange rates. This means that for every Thai Baht you exchange, you'll receive a corresponding amount in US Dollars.
If you want to convert a specific amount of Thai Baht to US Dollars, simply type in the box how much you want to convert, select THB as the currency to convert from and USD as the currency to convert to, and our currency converter will show you the current THB to USD rate and how it's changed over the past day, week or month.
Here's a quick rundown of the steps to convert Thai Baht to US Dollars:
- Type in the box how much you want to convert.
- Select THB as the currency to convert from and USD as the currency to convert to.
- Our currency converter will show you the current THB to USD rate and how it's changed over the past day, week or month.
You can also check the last 7 days exchange rate history to see how the exchange rate has fluctuated.
Historical Data
The Thai Baht has been on a rollercoaster ride against the US Dollar, with a significant increase in value over the past six months, up +5.57%.
To understand the current exchange rate, let's take a look at the historical data. The Thai Baht has appreciated +4.29% against the US Dollar over the last 10 years, which means it has gained purchasing power compared to the US Dollar.
Here's a brief overview of the Thai Baht's performance against the US Dollar in recent years:
- 2025: Not available yet
- 2024: The low point was 0.02688 US Dollars per Thai Baht on April 30, 2024
- 2023: Not available
- 2022: Not available
- 2021: Not available
- 2020: Not available
- 2019: The highest rate from Thai Baht to US Dollars was on December 31, 2019 when each Thai Baht was worth 0.03368 US Dollars
- 2018: Not available
- 2017: Not available
- 2016: Not available
Invert Historical Chart
The THB/USD rate has been on the rise, increasing by +5.57% in the last six months.
This means the Thai Baht has gained value compared to the US Dollar.
The highest rate from Thai Baht to US Dollars in the last 10 years was on December 31, 2019, when each Thai Baht was worth 0.03368 US Dollars.
This rate is a significant milestone in the THB/USD exchange history.
The THB/USD rate reached its high point in the last year on September 30, 2024, at 0.03091 US Dollars per Thai Baht.
By Year
If you're looking to compare the Thai Baht to the US Dollar over time, you'll want to check out the historical data. You can view rates between the Thai Baht and the US Dollar for a particular year by clicking on one of the links below.
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
Looking at the historical data, you can see that the Thai Baht to US Dollar exchange rate has fluctuated over the years. The highest THB to USD exchange rate in the last year was 0.03091 US Dollars per Thai Baht on September 30, 2024.
If you're looking for a bigger picture, the Thai Baht has decreased -0.95% year-to-date against the US Dollar, but over the past 10 years, it has appreciated +4.29% against the US Dollar.
Lowest in the Last Year
The lowest THB to USD exchange rate in the last year was 0.02688 US Dollars per Thai Baht on April 30, 2024. This was a significant low point in the exchange rate.
This low point highlights the fluctuations in the exchange rate over the past year. It's essential to keep track of these changes to make informed decisions when exchanging currency.
The exact date of the low point is April 30, 2024, a date that marks the lowest exchange rate in the last year.
Year-over-Year Direction
The Thai Baht has had a mixed year against the US Dollar.
The THB/USD rate is up +0.15% year-over-year, indicating a slight increase in value compared to the US Dollar.
However, this growth is not consistent across different time frames.
In the last six months, the THB/USD rate has actually increased by +5.57%.
This means that the Thai Baht's value has fluctuated over time, making it difficult to predict its future performance.
The high point for the THB/USD rate was 0.03091 US Dollars per Thai Baht on September 30, 2024, while the low point was 0.02688 US Dollars per Thai Baht on April 30, 2024.
Despite the fluctuations, the Thai Baht has gained purchasing power compared to the US Dollar over the last decade.
It has appreciated +4.29% against the US Dollar over the past 10 years.
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