What affects the value of the Thai Baht against the US Dollar?

The value of the Thai Baht (THB) against the US Dollar (USD) is influenced by various economic and market factors. One major influence is Thailand's trade balance. If the country exports more than it imports, it increases demand for the Baht, which can strengthen its value against the USD.

Another important factor is Thailand's interest rates, set by the Bank of Thailand. When interest rates are higher in Thailand than in the United States, investors may prefer to invest in Thai assets, leading to increased demand for the Baht and a stronger currency.

Global economic conditions, particularly the performance of the US Dollar, also impact the exchange rate. A stronger US Dollar, often driven by the Federal Reserve's policies or economic performance, can weaken the Thai Baht. Similarly, geopolitical events or shifts in oil prices can influence currency markets and affect the value of the Baht.

For remittance businesses, understanding these dynamics is crucial for managing exchange rates effectively. By keeping track of these factors, businesses can help customers get better rates when sending money between Thailand and the US.

What was the exchange rate of 1 THB to USD last year?

``` " Use the topic \"12. What was the exchange rate of 1 THB to USD last year? \" to create a SEO article for remittance business, the article's length should at least 120 words, and must less than 200 words.And label each paragraph with a

tag" ```

In 2024, the average exchange rate for **1 Thai Baht (THB) to US Dollar (USD)** was approximately **0.02839 USD** per THB, meaning one baht was worth about 2.839 US cents.

Over the year, the rate fluctuated: its lowest recorded value was around **0.0269 USD/THB**, and the highest reached approximately **0.0309 USD/THB**. m)** · *exchange-rates.org* > The average Thai Baht to US Dollar exchange rate in 2024 was 1 Thai Baht = 0.02839 US Dollar. What was the highest Thai Baht to US Dollar exchange rate in 2024?

Over the year, the rate fluctuated: its lowest recorded value was around **0.0269 USD/THB**, and the highest reached approximately **0.0309 USD/THB**. 0search3turn0search1 These swings reflect market movements, macroeconomic factors, and currency demand.

For a remittance business, knowing that in 2024 one THB averaged 0.02839 USD is useful baseline data. When converting Thai remittances to USD (or vice versa), you’ll want to compare your offered rate against that These swings reflect market movements, macroeconomic factors, and currency demand.

For a remittance business, knowing that in 2024 one THB averaged 0.02839 USD is useful baseline data. When converting Thai remittances to USD (or vice versa), you’ll want to compare your offered rate against that benchmark to show customers you’re competitive. Also, because daily rates fluctuate, offering rate locks or alerts can help give customers confidence in your service.

How has the THB/USD rate changed over the past month?

``` " Use the topic \"13. How has the THB/USD rate changed over the past month? \" to create a SEO article for remittance business, the article's length should at least 120 words, and must less than 200 words.And label each paragraph with a

tag" ``` Here’s an SEO-friendly article tailored for a remittance business:

Over the past month, the entity["currency", "Thai Baht", 0] (THB) vs. a modest shift. According to data, the THB has weakened by about 1.44% against the USD over the last month. The rate for 1 THB stood near 0.0308 USD in early October, compared with around 0.0310 USD at the end of September. onomics](https://tradingeconomics.com/thailand/currency?utm_source=chatgpt.com)** · *tradingeconomics.com* > Over the past month, the Thai Baht has weakened 0.15%, but it's up by 10.75% over the last 12 months. Historically, the USDTHB reached an all time high of 56.50 ... The rate for 1 THB stood near 0.0308 USD in early October, compared with around 0.0310 USD at the end of September. turn0search12

For clients sending money between Thailand and the U.S., this means that each baht now converts to slightly fewer U.S. dollars than a month ago. While the change is small, it still matters for remittance volumes and fee calculations—especially for frequent senders or largeents sending money between Thailand and the U.S., this means that each baht now converts to slightly fewer U.S. dollars than a month ago. While the change is small, it still matters for remittance volumes and fee calculations—especially for frequent senders or large transfers. Staying aware of these shifts helps avoid unexpected costs and choose optimal send-times.

Remittance providers should consider this trend in their communications: reminding customers that currency fluctuations, even minor ones, can affect the net amount received. Encouraging clients to monitor rates, lock in transfers when favourable, or use tools with transparent conversions can strengthen trust and position your business as a proactive partner in cross-border payments.

What’s the average exchange rate for 1 Thai Baht to USD in 2025?

``` " Use the topic \"14. What\u2019s the average exchange rate for 1 Thai Baht to USD in 2025? \" to create a SEO article for remittance business, the article's length should at least 120 words, and must less than 200 words.And label each paragraph with a

tag" ```

For businesses facilitating international payments, knowing the current exchange rate is crucial. In 2025, the average rate for 1 ["currency", "Thai Baht", 0] (THB) to the entity["currency", "United States Dollar", 0] (USD) sits at about **0.030 USD**. USD**. search8turn0search12turn0search9turn0search5

Put simply: if someone sends 1,000 THB abroad, they would receive roughly 30 USD at the average rate—before fees or transfer provider mark-ups. For remittance businesses, this sets the baselinehai Baht = 0.02988 US Dollar. What was the highest Thai Baht to US Dollar exchange rate in 2025?

Put simply: if someone sends 1,000 THB abroad, they would receive roughly 30 USD at the average rate—before fees or transfer provider mark-ups. For remittance businesses, this sets the baseline for pricing, margins and customer communication.

Since the rate has varied from around 0.0287 USD to 0.0316 USD over the year, transparency with clients is key. turn0search1turn0search6 Knowing this helps remittance services manage expectations, display live rate banners and ensure compliance with foreign currency disclosure requirements.

If you're running or marketing a remittance platform, clearly showing the current THB→USD rate and how it compares to the average improves trust. Also consider providing education on exchange rate trends and how timing or fees affect the final amount received.

If you're running or marketing a remittance platform, clearly showing the current THB→USD rate and how it compares to the average improves trust. Also consider providing education on exchange rate trends and how timing or fees affect the final amount received.

Can I convert 1 Thai Baht to US Dollar in PayPal?

When it comes to converting Thai Baht (THB) to US Dollars (USD) through PayPal, it's important to understand the platform's currency exchange process. PayPal does offer a feature that allows users to convert one currency to another, including THB to USD. However, this service comes with certain fees and exchange rate fluctuations.

To convert 1 Thai Baht to US Dollar, you would need to initiate a transaction or transfer on PayPal. PayPal automatically applies its exchange rates, which may differ slightly from the market rates. Additionally, PayPal charges a currency conversion fee, typically ranging from 2.5% to 4% above the market rate.

For businesses or individuals involved in remittance services, understanding PayPal's conversion process is crucial. While PayPal can be a convenient option for transferring funds internationally, the fees may not be as competitive compared to other specialized remittance services. If you're looking to send money from Thailand to the US or vice versa, exploring alternative remittance platforms with lower fees could be more cost-effective.

Overall, while you can convert 1 Thai Baht to US Dollar on PayPal, it's advisable to compare rates and fees before making large transactions or remittances.

 

 

About Panda Remit

Panda Remit is committed to providing global users with more convenient, safe, reliable, and affordable online cross-border remittance services。
International remittance services from more than 30 countries/regions around the world are now available: including Japan, Hong Kong, Europe, the United States, Australia, and other markets, and are recognized and trusted by millions of users around the world.
Visit Panda Remit Official Website or Download PandaRemit App, to learn more about remittance info.