Thai Baht to Malaysian Ringgit Currency Conversion and Analysis

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Detailed close-up image of a Thai 20 baht banknote featuring an engraved portrait.
Credit: pexels.com, Detailed close-up image of a Thai 20 baht banknote featuring an engraved portrait.

The Thai Baht to Malaysian Ringgit currency conversion is a crucial aspect for travelers and traders alike. The exchange rate between the two currencies can fluctuate frequently.

Historically, the Thai Baht has been one of the most stable currencies in Southeast Asia, with a stable exchange rate against the Malaysian Ringgit.

The average exchange rate for 1 Thai Baht to Malaysian Ringgit is around 0.45 MYR, based on the current market data. This rate can change daily due to various market and economic factors.

Travelers to Malaysia from Thailand can easily exchange their Thai Baht to Malaysian Ringgit at various currency exchange centers or banks along the border.

Conversion and Exchange

To convert Thai Bahts to Malaysian Ringgits, simply type in the amount you want to convert and use a currency converter. Click on the dropdown to select THB as the currency you want to convert from and MYR as the currency you want to convert to.

Credit: youtube.com, 1 THAI BAHT TO TO MALAYSIAN RINGGIT EXCHANGE RATES TODAY 23 June 2024(THB TO MYR)

The current exchange rate can be found by using a live currency converter, which will show you the current THB to MYR rate and how it's changed over the past day, week or month.

Here's a handy conversion table to give you an idea of the exchange rate:

Note: The exchange rate is subject to change, so it's always a good idea to check the current rate before making any conversions.

How to Convert

Converting Thai Baht to Malaysian Ringgits is a straightforward process.

To start, you'll need to type in the box how much you want to convert. This will give you the current THB to MYR rate and how it's changed over the past day, week or month.

Our currency converter will show you the current THB to MYR rate and how it's changed over the past day, week or month. You can also click on the dropdown to select THB in the first dropdown as the currency that you want to convert and MYR in the second dropdown as the currency you want to convert to.

Credit: youtube.com, Currency Exchange Rates - How To Convert Currency

The conversion rates are as follows:

The latest currency exchange rate is 1 Thai Baht = 0.1301 Malaysian Ringgit as of 06/01/2025 10:59.

Direction Inquiry

If you're wondering whether the Thai Baht is up or down against the Malaysian Ringgit, the answer is it depends on the time frame you're looking at. The Thai Baht has decreased -0.13% year-to-date against the Malaysian Ringgit.

Over the past decade, however, the Thai Baht has appreciated +9.16% against the Malaysian Ringgit, giving it more purchasing power compared to the Ringgit.

Best Time to Convert

The best time to convert THB to MYR is between 3-4 PM GMT, when currency market liquidity and trading volume are at their highest. This is a good time to make a trade.

Forex markets are open 24x5, starting from the time markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York. This means you can make a trade at any time during these hours.

Converting THB to MYR early in the week is advisable if you need MYR urgently, as executing a trade late in the week might result in a delayed settlement until the following week.

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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