Nzd to Thb Conversion and Thai Currency Basics

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Brunette Man Showing a Currency Exchange Rate Diagram
Credit: pexels.com, Brunette Man Showing a Currency Exchange Rate Diagram

The New Zealand dollar (NZD) to Thai baht (THB) conversion is a crucial aspect of traveling or doing business in Thailand. The exchange rate can fluctuate frequently, so it's essential to stay informed.

In Thailand, the official currency is the Thai baht (THB), which is subdivided into 100 satang. One THB is equal to 100 satang.

You'll often see prices in THB, especially in markets and street food stalls. To give you a better idea, a cup of coffee in Thailand typically costs around 40-50 THB.

The Thai baht is a fiat currency, meaning its value is not backed by any physical commodity.

Exchange Rates

The exchange rate between the New Zealand Dollar (NZD) and the Thai Baht (THB) is a crucial factor to consider when traveling or doing business between the two countries.

Historical data shows that the exchange rate has fluctuated over the years, but the THB has been strengthening against the NZD steadily over the past 5 years.

Credit: youtube.com, Thai Baht Travel Money and Forex - Cost-Effective Money Options for Thailand Holidays

In fact, on 28 June 2014, the THB was converting to 28.49174 per NZD, but by 30 September of the same year, it had improved to 25.14728 per NZD.

The latest exchange rates show that 1 NZD is currently equivalent to 19.32751546 THB.

Here's a snapshot of the exchange rate for the last week:

You can also view historical exchange rates by year, with links available for 2025, 2024, 2023, and more.

Economic indicators, such as GDP growth, inflation, and interest rates, can impact the exchange rate, as can geopolitical events and central bank decisions.

For example, a strong GDP growth in New Zealand can lead to a stronger NZD, making it more expensive for tourists to visit Thailand.

Conversion and History

The NZD to THB exchange rate has been fluctuating over the past week. On Thursday, 01-16-2025, the rate was 19.32751546 THB for every 1 NZD.

Historical data shows that the rate has been steadily increasing, with a high of 19.50897183 THB for every 1 NZD over the last 30 days. The low and average rates are the same as the high.

Expand your knowledge: 100 Thb in Eur

Credit: youtube.com, Thailand money price 05 September 2024 exchange thai rate thailand currency converter

If you're looking to convert NZD to THB, you can check the current rate, which is 19.32751546 THB for every 1 NZD as of Thursday, 01-16-2025.

The NZD/THB rate has been down -10.74% in the six months, indicating that the New Zealand Dollar has decreased in value compared to the Thai Baht.

Here's a breakdown of the exchange rate over the past week:

Understanding Exchange Rates

Exchange rates can be unpredictable, but understanding what affects them can give you an edge when making financial decisions. The NZD to THB exchange rate is influenced by various factors, including economic indicators like GDP growth, inflation, and interest rates.

One way to see how these factors impact the exchange rate is to look at historical data. For example, in the last week, the exchange rate fluctuated between 19.29559488 THB and 19.48894973 THB.

Economic indicators are just one part of the puzzle. Geopolitical events like elections and trade agreements can also influence the exchange rate. For instance, central bank decisions, such as interest rate changes, can affect the exchange rate.

For another approach, see: Currency Thb Eur

Credit: youtube.com, Exchange Rates and Trade

Here are some specific examples of how these factors have impacted the NZD to THB exchange rate in the past week:

The high, low, and average exchange rates for the last 30 days and 5 years are also worth noting. For the last 30 days, the high, low, and average exchange rates were all 19.50897183 THB.

Intriguing read: Market Currency Rates

Drew Davis

Junior Assigning Editor

Drew Davis is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a background in journalism, Drew has honed their skills in researching and selecting compelling article topics that captivate audiences. Their expertise lies in covering the world of credit cards and travel, with a particular focus on the Chase Sapphire Reserve and its hotel partnerships.

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