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Explore the US dollar/Thai Baht live chart. With this interactive tool, you can review the price of USD/THB, analyze rate trends in real time, track the USD/THB pair exchange rate in historic terms, and build your trading strategy to trade USD/THB with leverage on Flurex Option.
This Forex pair combines the world's most widely traded currency, the US dollar, with one of the world's fastest-growing currencies, the Thai baht. Until 1997, when Thailand was hit by the Asian financial crisis, the USD to THB rate was fixed. The baht was then floated, losing half of its value, but has since recovered. And as a result of this improvement, the baht has become the continent's best-performing currency in 2018, gaining approximately 8% against the US dollar, making the USD/THB pair an intriguing one for traders around the world.
A US dollar is made up of 100 cents. To distinguish it from other dollar-based currencies, it is designated with the symbol $ or US$. The United States dollar is the most widely used currency in the world and is regarded a benchmark currency.
The Thai Baht (THB) is the Kingdom of Thailand's national currency. The central bank of Thailand issues and manages the currency, which is made up of 100 satangs. The Baht was once pegged to the US dollar, but it has been floating since 1997, fluctuating at $0.03 per Baht.
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