1 Dollar to Baht: How Much Is It With MoneyGram?
Are you planning to send money from the United States to Thailand? If so, you might be wondering how much 1 USD is worth in THB (Thai Baht) when using MoneyGram, a popular money transfer service. In this article, we'll provide you with the latest exchange rates and fees associated with MoneyGram.
Exchange Rate: 1 USD to THB
As of [current date], the exchange rate for 1 USD to THB is approximately 31.50 THB. This rate may vary depending on the current market conditions and the provider's exchange rate.
MoneyGram Fees
When using MoneyGram, you'll need to consider the fees associated with the transfer. The fees vary depending on the transfer method, payment method, and the recipient's location.
Here's a breakdown of the fees:
- Online Transfer: The online transfer fee ranges from $1.99 to $4.99, depending on the payment method and transfer amount.
- In-Person Transfer: The in-person transfer fee is typically higher, ranging from $5 to $10.
- Recipient Fees: In some cases, the recipient may need to pay a fee to receive the money.
Estimated Total Cost
To give you a better idea of the total cost, let's assume you want to send $100 from the United States to Thailand using MoneyGram. Here's an estimated breakdown:
- Exchange Rate: 1 USD = 31.50 THB
- Transfer Fee: $4.99 (online transfer)
- Total Amount Sent: $100
- Total THB Received: approximately 3,150 THB
- Total Cost: $104.99 (including the transfer fee)
Tips and Reminders
Before sending money with MoneyGram, remember to:
- Check the current exchange rates to get the best deal.
- Choose the most convenient transfer method for you and the recipient.
- Consider the recipient's fees, if any.
- Verify the recipient's information to ensure accuracy.
By understanding the exchange rates and fees associated with MoneyGram, you can make informed decisions when sending money from the United States to Thailand.
