Thai Baht to GIP — THB to GIP
THB to GIP Converter
THB/GIP Rate — Last 30 Days
THB dipped 0.48% this week — minor weakness, within normal market noise.
The 7-day average rate is below the 30-day average — recent momentum favors GIP strengthening vs THB. The trend may continue until a catalyst (rate decision, economic data) reverses it.
3 consecutive days where THB gained vs GIP. Consistent streaks indicate sustained buying pressure — but longer streaks increase the odds of a short-term pullback.
The rate is in the bottom 20% of its 30-day range — bearish short-term positioning. Watch if it holds support or breaks to a new low.
RSI of 13 means THB has fallen fast relative to GIP and may be oversold. RSI below 30 often precedes a bounce — but in a strong downtrend, the rate can stay oversold for weeks.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 0.0227 | 0.0226 | 0.0226 |
| 30 days | 0.0231 | 0.0226 | 0.0228 |
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Historical THB/GIP Rates by Year
What drives the THB/GIP rate?
Whether you're converting THB for travel, business, or investment, here's what drives the THB to GIP exchange rate. The THB/GIP exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best THB to GIP rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 THB exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.