Inr to Thai Baht: Understand the Current Rates

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The Indian rupee (INR) and Thai baht (THB) are two popular currencies in the Asia-Pacific region, and understanding their exchange rates is crucial for travelers and traders alike.

The current exchange rate between INR and THB is subject to fluctuations, but on average, 1 INR is equivalent to approximately 2.50 THB.

As of the latest data, the highest exchange rate recorded in the past year was around 2.62 THB per INR.

This means that if you're planning a trip to Thailand and your budget is in Indian rupees, you can expect to get around 2.62 THB for every 1 INR you exchange.

Conversion Basics

The Thai Baht is a stronger currency than the Indian Rupee, as 1 THB is equal to 2.4756 INR. This means that you can buy more Indian Rupees with a single Thai Baht.

To put this into perspective, if you have 1 THB, you can exchange it for approximately 2.48 INR. This is based on the current exchange rate.

The exchange rate is not just a one-way street, though - 1 INR is worth only 0.4039 THB. This is a key thing to keep in mind when traveling or doing business between the two countries.

Current Rates

Credit: youtube.com, Indian Rupee to Thai Baht Exchange Rate Today | Forex | 17 December 2024 | INR vs THB Trends

The current exchange rate between the Indian Rupee (INR) and the Thai Baht (THB) is 1 THB = 2.4756 INR, making the Thai Baht stronger than the Indian Rupee.

As of January 6, 2025 10:55 AM UTC, the best INR to THB exchange rate is 0.4039 THB, meaning you'll receive 0.4039 Thai Baht for every Indian Rupee exchanged.

The performance of INR to THB in the last 30 days saw a 30 day high of 0.4073 and a 30 day low of 0.3972, with an average of 0.4016 and a change of 0.46.

Here's a breakdown of the current rates for different amounts of INR:

Over the past 10 years, the Indian Rupee has declined -25.89% against the Thai Baht, resulting in a loss of purchasing power compared to the Thai Baht.

Historical Rates

The INR to THB exchange rate has fluctuated over the years, with significant highs and lows. The highest rate in the last year was 0.4455 Thai Baht per Indian Rupee on April 30, 2024.

Credit: youtube.com, ✅ Changing Indian Rupees To Baht In Thailand | Thai Baht - Indian Rupee Exchange Rate in Thailand

The lowest rate in the last year was 0.3859 Thai Baht per Indian Rupee on September 30, 2024. This shows just how much the exchange rate can vary over time.

Here's a breakdown of the INR to THB exchange rate over the last 30 and 90 days: Time PeriodHighLowAverageLast 30 Days0.40631 ฿0.39750 ฿0.40127 ฿Last 90 Days0.41389 ฿0.39363 ฿0.40289 ฿

Last Year's Highest Rate

The highest INR to THB exchange rate in the last year was 0.4455 Thai Baht per Indian Rupee on April 30, 2024. This was a notable point in the currency exchange history.

Rupee Rates by Year

The Indian Rupee has fluctuated against the Thai Baht over the years. You can view the exchange rates for a particular year by clicking on the corresponding link on the "Indian Rupee to Thai Baht Rates by Year" page.

The highest INR to THB exchange rate in the last year was 0.4455 Thai Baht per Indian Rupee on April 30, 2024. This is a significant point to note for anyone considering exchanging currency.

Here's a breakdown of the exchange rates for the last 30 and 90 days:

The Indian Rupee has increased +0.72% year-to-date against the Thai Baht.

Factors Affecting Rates

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The foreign exchange rate is determined by global factors such as inflation rates, which can significantly impact the value of currencies like the Thai Baht and the Indian Rupee.

Inflation rates can cause fluctuations in exchange rates, making it essential to stay informed about current economic trends.

The exchange rate between the Thai Baht and the Indian Rupee is also influenced by the respective central banks of each country, such as the Reserve Bank of India and the Bank of Thailand.

Factors That Affect

The exchange rate between the Thai Baht and the Indian Rupee is influenced by a range of factors. Inflation rates are one key consideration, as they can impact the value of a currency.

Inflation rates in a country can cause its currency to lose value, making it less desirable for foreign exchange. This can lead to a decrease in the exchange rate.

Global economic trends also play a significant role in determining exchange rates. The current INR to THB exchange rate is 0.4039 THB, as of January 6, 2025.

Rupee vs. Other Currencies

Credit: youtube.com, Factors Affecting Exchange Rate Of Currencies

The Indian Rupee has increased +0.72% year-to-date against the Thai Baht. Over the past 10 years, however, the Indian Rupee has declined -25.89% against the Thai Baht. This significant decline has resulted in the Indian Rupee losing purchasing power compared to the Thai Baht over the last decade.

The Thai Baht is currently stronger than the Indian Rupee, as 1 THB is equal to 2.4756 INR. This means that if you're traveling from India to Thailand, your Rupees will go further in Thailand than they would have a decade ago.

Conversely, 1 INR is worth 0.4039 THB, indicating that the Thai Baht's strength is still a dominant factor in currency exchange between the two countries.

How Rates Are Determined

The foreign exchange rate for the Thai Baht to Indian Rupee is determined by global factors such as inflation rates, which can impact the value of each currency.

The Reserve Bank of India and the Bank of Thailand play a crucial role in determining the exchange rate, with the Reserve Bank of India determining the exchange rate of the Indian Rupee and the Bank of Thailand determining the currency exchange rate for the Thai Baht.

Credit: youtube.com, How Exchange Rates Are Determined

Whether the currency exchange rate is fixed or floating also affects the rates of each currency, with a fixed exchange rate suggesting that the currency is pegged to another currency and a floating exchange rate determining the rate of the currency based on the economic decisions of the country and its banks.

In the case of the Thai Baht and Indian Rupee, the exchange rate is floating, meaning it is constantly changing based on market forces.

Here are some examples of how the exchange rate has changed over time:

As you can see, the exchange rate has fluctuated over the past 30 and 90 days, with a slight decrease in the last 30 days and a slight increase in the last 90 days.

Conversion Tools

The conversion rates between INR and THB can be obtained using currency conversion calculators available online or by manually converting the rates.

You can use online tools to convert INR to THB, such as typing in the box how much you want to convert, selecting INR as the currency to convert from and THB as the currency to convert to, and then viewing the current INR to THB rate and how it's changed over the past day, week or month.

Credit: youtube.com, Thai Baht to INR 1 August 2024

One way to convert INR to THB is to use the conversion rates provided in the tables, which show the exchange rates for various amounts of INR and THB. For example, 10 INR is equivalent to 4.0394 THB, while 100 INR is equivalent to 40.394 THB.

Here are some conversion rates from INR to THB:

These conversion rates can be used to calculate the equivalent amount of THB for a given amount of INR, and vice versa.

Online

You can easily convert currencies online using various tools and websites. One of the most convenient options is to use a currency conversion calculator available online.

These calculators allow you to convert Thai Baht to Indian Rupee and vice versa, as per the current exchange rate. The conversion rates depend on the exchange rates of the currencies.

To get the most up-to-date conversion rates, simply type in the box how much you want to convert, select the currencies you want to convert from and to, and click on the dropdown. Our currency converter will show you the current rate and how it's changed over the past day, week or month.

Credit: youtube.com, Online Converter: File and Unit Conversion Tools (Free) | Online converter tool

Here's a simple step-by-step guide to convert Indian rupees to Thai bahts online:

  • 1. Type in the box how much you want to convert.
  • 2. Click on the dropdown to select INR in the first dropdown as the currency that you want to convert and THB in the second drop down as the currency you want to convert to.
  • 3. Our currency converter will show you the current INR to THB rate and how it’s changed over the past day, week or month.

X-One Currency Center

X-One Currency Center is a convenient option for converting Indian Rupees to Thai Baht. It's located just 300 metres away from Patpong, a popular tourist hotspot, making it easily accessible.

You can find X-One Currency Exchange Center by walking around 7 minutes from Samyan Station. Their outlet is a great place to exchange your money, with INR buying rates and Thai Baht selling rates that are currently the most advantageous in the market.

X-One Currency Center is a great alternative to exchanging money at banks, where you might have to wait in long queues. Their rates are the most advantageous, making it a smart choice for travelers.

If you're planning to visit Thailand, consider exchanging your money at X-One Currency Center for the best rates. Their location near Patpong makes it a convenient option for tourists.

Frequently Asked Questions

Which currency is higher, Thailand or India?

According to current exchange rates, 1 Thai Baht is equivalent to approximately 2.5756 Indian rupees, indicating that the Indian rupee is currently stronger. This means that 1 Indian rupee can buy more Thai Baht than vice versa.

Angelo Douglas

Lead Writer

Angelo Douglas is a seasoned writer with a passion for creating informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Angelo has established himself as a trusted voice in the world of finance. Angelo's writing portfolio spans a range of topics, including mutual funds and mutual fund costs and fees.

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