Thai Baht
The Thai Baht (currency code: THB) is the official legal tender of Thailand, issued and regulated by Bank of Thailand (BoT). Its valuation reflects global trade balances, macroprudential monetary policy, and interbank liquidity conditions.
Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.
Track historical volatility and key price support levels for Thai Baht against South Korean Won
Wholesale interbank rate matrix with zero retail markup or hidden fees.
| Thai Baht (THB) | South Korean Won (KRW) |
|---|---|
| 1 THB | 39.91 KRW |
| 5 THB | 199.57 KRW |
| 10 THB | 399.14 KRW |
| 25 THB | 997.85 KRW |
| 50 THB | 1,995.69 KRW |
| 100 THB | 3,991.39 KRW |
| 200 THB | 7,982.78 KRW |
| 250 THB | 9,978.47 KRW |
| 500 THB | 19,956.94 KRW |
| 1,000 THB | 39,913.88 KRW |
| 2,500 THB | 99,784.70 KRW |
| 5,000 THB | 199,569.41 KRW |
| 10,000 THB | 399,138.81 KRW |
| South Korean Won (KRW) | Thai Baht (THB) |
|---|---|
| 1 KRW | 0.03 THB |
| 5 KRW | 0.13 THB |
| 10 KRW | 0.25 THB |
| 25 KRW | 0.63 THB |
| 50 KRW | 1.25 THB |
| 100 KRW | 2.51 THB |
| 200 KRW | 5.01 THB |
| 250 KRW | 6.26 THB |
| 500 KRW | 12.53 THB |
| 1,000 KRW | 25.05 THB |
| 2,500 KRW | 62.63 THB |
| 5,000 KRW | 125.27 THB |
| 10,000 KRW | 250.54 THB |
| Provider / Channel | THB/KRW Effective Exchange Rate | Estimated Fee | Estimated Received (KRW) | Effective Difference |
|---|---|---|---|---|
|
LocalExchangeRates
Interbank Wholesale (Pure Benchmark)
|
39.9139 KRW | 0.00% | 199,569.41 KRW | Benchmark (0%) |
|
Major Commercial High-Street Banks
Standard bank wire / counter transfer
|
38.5169 KRW | ~3.50% | 192,584.48 KRW | -6,984.93 KRW |
|
Airport Currency Exchange Kiosks
Airport terminal cash counters
|
35.9225 KRW | ~10.00% | 179,612.47 KRW | -19,956.94 KRW |
Searches for 1 THB to KRW or convert THB to KRW describe the amount of South Korean Won received per 1 Thai Baht. At today's wholesale baseline of 1 THB = 39.9139 KRW (inverse: 1 KRW = 0.0251 THB), understanding retail bank margins helps protect your funds:
Official monetary framework, central bank governance, and banknote specifications for Thailand and South Korea.
The Thai Baht (currency code: THB) is the official legal tender of Thailand, issued and regulated by Bank of Thailand (BoT). Its valuation reflects global trade balances, macroprudential monetary policy, and interbank liquidity conditions.
The South Korean Won (currency code: KRW) is the official legal tender of South Korea, issued and regulated by Bank of Korea (BoK). Its valuation reflects global trade balances, macroprudential monetary policy, and interbank liquidity conditions.
Foreign exchange transactions between Thailand (THB) and South Korea (KRW) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.
Key considerations when converting or transferring between THB and KRW:
LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.
Common questions regarding Thai Baht to South Korean Won conversion, bank spreads, and transfer costs.
At the current mid-market exchange rate (1 THB = 39.9139 KRW), 1,000 Thai Baht equals approximately 39,913.88 South Korean Won. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.
To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.
Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Bank of Thailand (BoT)) prior to departure.
Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.
The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.
Track real-time mid-market rates and conversion calculations for related currency pairs.