THB - Thai Baht
Convertible: Yes - Transferable: Yes - Exchange rate regime: Floating

Types of transaction

FX Spot FX Forward
Delivery date: T; T+1; T+2 Maximum maturity: 24 months
Liquidity: Good Liquidity: Good

EUR/THB parity: liquidity schedules (GMT)

EUR/THB parity: liquidity schedules (GMT)

Did you know?

Monetary policy

  • The Bank of Thailand (BoT) is the central bank of Thailand. Its objective is to promote monetary stability in the Thai Kingdom.
  • Price setting method: the floating exchange rate is described as "supervised". Although there is no target exchange rate for the THB, the BoT is likely to intervene in the foreign exchange market at times of excessive volatility.

Features and highlights

  • THB is one of only two freely transferable and convertible currencies in Southeast Asia.
  • It is relatively liquid, and enjoys a stable economic environment.


There are no special restrictions on the purchase and sale of THB.

Expert opinion

The coup of May 2014 had a relatively limited impact on THB. However, like other emerging currencies, it tends to depreciate during periods of market stress.

Payments in THB to Thailand

The following information is required:

  • BIC Code of the beneficiary bank
  • Full name, address and account number of the beneficiary.
Public Holidays 2018 (subject to change)
New Year’s Day 1 January Asarnha Bucha Day 26 July
New Year’s Eve OBS 2 January King’s Birthday OBS 30 July
Makha Bucha Day 1 March Queen’s Birthday OBS 13 August
Chakri Memorial Day 6 April King Bhumibol Memorial Day 13 October
Songkran Festival 13-14 April King Chulalongkorn Day 23 October
National Labour Day 1 May King Rama IX’s Birthday 5 December
Visakha Bucha Day 29 May Constitution Day 11 December