1 Dollar in Thai Baht Today
Current Exchange Rate
As of today, the current exchange rate for 1 United States Dollar (USD) in Thai Baht (THB) is:
1 USD = 31.50 THB
This exchange rate may fluctuate depending on various market and economic factors, so it's always a good idea to check the latest rates before making any transactions.
Historical Exchange Rate
To give you a better understanding of the exchange rate trend, here is a brief overview of the historical exchange rate for 1 USD in THB over the past few months:
| Date | 1 USD = THB |
|---|---|
| January 1, 2022 | 30.80 THB |
| February 1, 2022 | 31.20 THB |
| March 1, 2022 | 31.40 THB |
| April 1, 2022 | 31.60 THB |
| May 1, 2022 | 31.80 THB |
As you can see, the exchange rate has been relatively stable, with a slight upward trend.
Factors Affecting the Exchange Rate
There are several factors that can affect the exchange rate between USD and THB, including:
- Economic indicators: GDP growth, inflation rate, and interest rates in both the US and Thailand can influence the exchange rate.
- Political stability: Political uncertainty or instability in either country can impact the exchange rate.
- Trade relationships: The strength of trade relationships between the US and Thailand, as well as with other countries, can affect the exchange rate.
- Tourism and travel: The number of tourists traveling between the two countries can also influence the exchange rate.
Conclusion
When traveling to Thailand, it's essential to stay up-to-date with the current exchange rate to get the best value for your money. While 1 USD is currently equivalent to 31.50 THB, it's always a good idea to check the latest rates before making any transactions. Remember to factor in any exchange fees or commissions when converting your currency. Happy travels!
