Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

Mexican Peso

Mexican Peso

The Mexican peso (sign: $; code: MXN) is the currency of Mexico. Modern peso and dollar currencies have a common origin in the 15th–19th century-Spanish dollar, most continuing to use its sign, "$". The Mexican peso is the 11th most traded currency in the world, the third most traded currency from America (after the United States dollar and Canadian dollar), and the most traded currency from Latin America.The current ISO 4217 code for the peso is MXN; prior to the 1993 revaluation (see below), the code MXP was used. The peso is subdivided into 100 centavos, represented by "¢". As of 3 September 2018, the peso's exchange rate was $22.21 per euro and $19.14 per U.S. dollar.

1 Thai Baht to Mexican Peso exchange rates chart

1 THB to MXN exchange rates graph
1 THB to MXN Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 THB to MXN exchange rates table

Exchange THB to MXN
1 Thai Baht = 0.624 Mexican Peso
2 Thai Baht = 1.247 Mexican Peso
5 Thai Baht = 3.118 Mexican Peso
10 Thai Baht = 6.236 Mexican Peso
Exchange Thai Baht to Mexican Peso
1 Thai Baht to Mexican Peso Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1 THB to MXN exchange rates news

BOT expected to hike key interest rate
BOT expected to hike key interest rate

STANDARD Chartered Bank (Thailand) expects the Bank of Thailand (BOT) to start monetary policy normalisation and increase the interest rate by 25 basis points (bps) , from 1.50 per cent to 1.75 per cent, in November.

indicative neutral
Malaysia, Japan, Philippines among nations that benefit from US-China trade war
Malaysia, Japan, Philippines among nations that benefit from US-China trade war

Asia, at the broad level, will lose from the United States-China trade war, but a few countries will emerge as relative winners. Nomura Holdings Inc. found that

conditional neutral
Thailand offers some help for rubber farmers after price slump

THAILAND-RUBBER/ (PIX):Thailand offers some help for rubber farmers after price slump

conditional neutral
'It's a comfy plane': Mexico's Amlo seeks buyer for presidential jet

Leftist president-elect has promised to travel on commercial flights in push to rule with frugality and restraint

conditional positive
Latam stocks fall for sixth straight day, currencies slide
Latam stocks fall for sixth straight day, currencies slide

Latin American stocks fell for a sixth consecutive day on Tuesday and regional currencies followed suit, with Mexico's peso hitting a near five-month trough on

indicative negative
Falling Oil Prices Are Becoming an Emerging-Markets Catalyst

Last week’s slide in crude was partly behind the weakness in the Russian ruble, Mexican peso and Malaysian ringgit, according to Societe Generale SA. With oil wallowing in a bear market, Saudi Arabia expressed the need for oil producers to cut 1 million barrels a day from October levels and announced

conditional negative

1 THB to MXN currency converter