1 THB = 2.3451 INR Interbank/ mid-market Rate at: 2022-12-05 04:36:31
|Buy THB Forex Card||₹2.4051|
|Sell THB Forex Card||₹2.2701|
|Buy THB Wire Transfer||₹2.7124|
|Buy THB Currency Notes||₹2.445|
|Sell THB Traveler Cheques||N/A|
|Sell THB Currency Notes||₹2.3648|
|Buy THB Traveler Cheques||N/A|
|Buy THB Demand Draft||N/A|
Now buy or sell Thai baht or load your forex card with Thai currency online at the live exchange rate at BookMyForex.com. You can visit the full rate card of BookMyForex to check the live Thai baht exchange rates and book your forex order online or simply call at +919212219191.
Baht is the official currency of Thailand. Thai Baht is also abbreviated as THB in the International currency exchange market. Bank of Thailand is the issuing and managing authority of the Thai currency. According to SWIFT, as of January 2019, the Thai Baht is ranked among the Top 10 most frequently used currency in the world for payments.
Thailand is one of the most popular destinations for Indians planning to travel abroad. While in 2018, about 1.5 Million Indians visited Thailand, the number is expected to shoot up by more than 30% with about 2 Million Indians are expected to travel to the country.
In case, you are also planning to travel Thailand in the near future, you would certainly require Thai Bahts, the official currency, to transact there. If you are looking for the best Thai Baht exchange rate in your city, look nowhere now as you can get it online with BookMyForex which is an India’s first and largest online currency exchange marketplace.
Fixed vs Live Rates:Unlike regulated banks providing foreign exchange at fixed rates for the day, BookMyForex allows users to convert INR to THB at both live and direct rates. The most latest THB rates would only be found on the BookMyForex forex rate page.
Setting the THB exchange rate for the whole day helps banks and other money changers to retain a higher profit margin throughout the day to hedge against any unpredictable fluctuations. BookMyForex, on the other hand, gives its customers the most favorable foreign currency rate and thereby transfers the profit on to its customers on the basis of a stronger exchange rate.
Individual vs Aggregator:As a digitally powered currency exchange marketplace, BookMyForex first compares THB rates across 100s of currency exchanges near to your location and offers you the best exchange rates for THB. We have special ties with so many banks and other approved vendors that enable us to provide the best possible offer in the country for our customers.
Institutional Expenses:Most money exchangers in India have an organizational framework at the physical level involving various forms of fixed costs, such as rent, salaries and other operating costs.
The fundamental economic law tells us that the customer will actually incur all these expenses as part of higher fees and transaction costs. BookMyForex reduces the price and passes the gains on to consumers in the form of the best foreign exchange rates on the market, since we are a truly digital forex marketplace.
Though you can purchase Thai currency from multiple places in India, such as from a nearby bank or some local money changer but that would involve making multiple in-person visits, haggling to get better rates and going through a complex documentation process.
On the other hand, BookMyForex allows its customers to place their forex orders online and also delivers it to the doorstep which means you can easily get your Thai Bahts easily with the comfort of your home.
When you place a Thai baht currency order with BookMyForex, it firstly scans through the Thai baht exchange rates quoted by 100s of money changers nearby your geographical location and provides you with the best Thai Baht exchange rates.
Unlike banks which provide foreign exchange at a fixed rate for the day, BookMyForex provides it at the live exchange rates. Since the forex market is highly volatile, fixing the currency rates for the day forces the banks to charge higher mark-up fee over the IBR rate to tread against any exchange rate volatility. Therefore, getting foreign currency at live rates saves money for the customer.
Here is a comparative analysis of BookMyForex vs Banks/Local Money Changers:
|Exchange Rate||At Live Rates (Dynamic)||At Fixed Rates|
|Exchange Rate Margin||Low||High|
|Online Order Facility||Yes||No|
|Rate Alert Feature||Yes||No|
Here are the simple 3 steps to get the best online Thai Baht Rates in India:
Step 1: You have to visit BookMyForex’s website ( You can even call 9212219191)
Step 2: or Check exchange rates online by entering Best THB Rates in (your location). You will see the current THB Rate prevalent in your city.
Step 3: In case you find best THB rates with BookMyForex, you will eventually reach BookMyForex.com. You can enter your details and book order on our site. Then you can follow the simple steps mentioned below to place an order:
—Guaranteed better rates than banks, airports and money exchangers and yes, better than the fictitious 'today’s THB rate in your city
— Live, transparent and consistently competitive exchange rates.
— Freeze or Lock-in the rates for a 2% refundable advance fee
— Same day* or next-day door delivery service.
— 5,000+ partnering forex locations across 650 cities in India
— Excellent Loyalty and referral schemes - earn money by referring your friends. Save money on every subsequent order.
— Email/Rate alerts - Get notified when the online Thai Baht rates in your city reach the level you want.
— Best customer support, available 24x7 on every medium (FB/Twitter/Call/Email)
*Orders booked before 1 PM are available for same-day delivery
In the currency exchange market, currency rates are classified as either a buying rate or a selling rate. The buying and selling rate of a currency will differ from bank to bank and an unique rate will be given by almost every money exchanger.
Here, for reference, let's talk about the Thai baht (THB). A THB purchase rate is when the THB can be bought from the forex provider (a bank or a money exchange vendor). On the other hand, there will be a selling rate at which you can sell THB to the bank or other suppliers today.
It's not just about getting the best offers for a currency purchase or sale. In the form of customer feedback, comprehensive information about the forex providers and optimizing the results according to customer demands, BookMyForex offers even more value to the customers.
|Thai Baht (THB)||Indian Rupee (INR)|
|Thai Baht (THB)||Indian Rupee (INR)|
|1 Million THB||2345100|
|Last 30 Days||Last 90 Days|
The Thai Baht is the currency of the Thailand. The currency code for Thai Baht is "THB". Click below to get more details and facts about Thai Baht, its ranking & rates.More info
THB to INR forecast derived from the thorough analysis of THB to INR exchange rate via moving averages, buy/sell signals & expert chart indicators. Click below to get a detailed THB to INR forecast.More info
Forex card is one of the safest, Convenient and most economical options of carrying foreign exchange while travelling abroad. When you pick a forex card for your foreign travel, you say no to carry a stack of cash and to high mark-up fee on credit or debit card. You can also track a digital track of your expenditures. With a forex card, you save yourself from hidden currency conversion charges and get the best possible exchange rates.
As per RBI guidelines, you can not carry more than INR 25,000 in cash while travelling abroad, so that may not be sufficient for your trip and you would not get better exchange rates than in India.
If you are looking to convert Indian Rupees to Thai Bahts (INR to THB), the best place would be a trusted online currency exchange marketplace such as BookMyForex. Though you can get Thai currency from your bank or from a money changer also but a marketplace fares better in terms of cost and convenience.
Another way could be is you get US dollars in cash or loaded on your forex card and travel to Thailand and convert USD to THB there only.
Presently, the THB to INR exchange rate is hovering in Rs. 2.10 to 2.80 band which means you need to pay about 2 to 3 Indian rupees to buy a Thai Baht as per the prevailing IBR. Therefore, in nominal terms, Thai Baht is expensive than the Indian rupee, not cheaper. Though the economy size of Thailand is smaller than the Indian economy in absolute terms. However, Thailand has been an export-oriented economy ofter included in the list of the East-Asian Tigers and therefore, enjoys large current account surplus which could be a major reason that THB is stronger than INR.