Convert THB to USD - Thai baht to US Dollar Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE THB/USD EXCHANGE RATE
The THB/USD symbol represents the trading of the Thai Baht against the US dollar in the forex market and offers ample volatility and opportunities for forex traders looking to earn some pips. The Thai Baht is the official currency of Thailand and is considered an emerging market currency. Thailand’s high rate of economic growth makes the THB one of the most popular and exciting emerging market currencies to trade in the forex market.On the other hand, the US dollar is the most popular currency traded in the forex market and is the official currency of the United States of America. The USD is also popular as a reserve currency, and most central banks around the world hold some foreign exchange reserves in the form of the USD.As an emerging market currency pair, the THB/USD currency pair's exchange rate experiences significant fluctuations based on the market sentiment. A risk-on sentiment encourages traders to place trades in riskier, more volatile currencies like the THB. As a result, a risk-on mood drives bullishness in the THB/USD forex pair. On the other hand, when markets trade with a risk-off sentiment, the THB/USD turns bearish as traders move away from the riskier THB and towards the safety of more stable, safe haven currencies.
THB to USD CONVERSION RATES
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THB to USD CHARTS
THB/USD Live Chart
THB/USD Historical Chart
THB to USD EXCHANGE RATE - FAQ
What economic events influence the exchange rate of THB/USD?

The THB/USD forex pair experiences high price action on the release of important economic data from Thailand and the US, including GDP, inflation, unemployment rate, retail sales, industrial production, trade balance, manufacturing PMI, business confidence and consumer confidence.

How do central bank decisions affect the THB/USD currency pair?

Both the THB and the USD see ample fluctuation in their value on the release of monetary policy and interest rate decisions by the Bank of Thailand and the Federal Reserve respectively. For instance, if the Fed hikes interest rates or turns more hawkish in its monetary policy, the US dollar strengthens and the THB/USD trades bearish as a result.

What was the lowest value of THB/USD this year?

THB/USD fell to a low of 29.750 on 18 December 2020. This was the weakest level this currency pair has touched so far this year.