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 = 0.600 Mexican Peso
2 Thai Baht = 1.199 Mexican Peso
5 Thai Baht = 2.998 Mexican Peso
10 Thai Baht = 5.996 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

Thai top court orders compensation for Myanmar workers in landmark case

The workers complained about forced overtime, being paid less than the minimum wage, confiscation of passports, and limited freedom of movement

2 days indicative negative
Exporters fret over baht appreciation
Exporters fret over baht appreciation

The secretary-general of the Thai National Shippers’ Council said yesterday that exporters were concerned about the appreciation of the baht against the US dollar.

9 days conditional negative
Why Vietnam is such a magnet for baht
Why Vietnam is such a magnet for baht

Thailand is being left behind when it should be learning from the success story to its east

13 days conditional neutral
The peso has done something shocking since Trump took office

The peso is up 6% since Trump took office.

2 days conditional negative
The Mexican peso is soaring after Trump's inauguration

The Mexican peso was closely followed throughout the election.

2 days indicative positive
Mexico launches major initiative to boost financial sector
Mexico launches major initiative to boost financial sector

BNamericas is the business intelligence tool for Latin America with data, news, analysis and events to identify job opportunities, projects, companies and contacts

8 days indicative neutral

1 THB to MXN currency converter