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 Malaysian Ringgit
Wholesale interbank rate matrix with zero retail markup or hidden fees.
| Thai Baht (THB) | Malaysian Ringgit (MYR) |
|---|---|
| 1 THB | 0.12 MYR |
| 5 THB | 0.61 MYR |
| 10 THB | 1.21 MYR |
| 25 THB | 3.03 MYR |
| 50 THB | 6.07 MYR |
| 100 THB | 12.14 MYR |
| 200 THB | 24.28 MYR |
| 250 THB | 30.35 MYR |
| 500 THB | 60.70 MYR |
| 1,000 THB | 121.39 MYR |
| 2,500 THB | 303.48 MYR |
| 5,000 THB | 606.96 MYR |
| 10,000 THB | 1,213.91 MYR |
| Malaysian Ringgit (MYR) | Thai Baht (THB) |
|---|---|
| 1 MYR | 8.24 THB |
| 5 MYR | 41.19 THB |
| 10 MYR | 82.38 THB |
| 25 MYR | 205.95 THB |
| 50 MYR | 411.89 THB |
| 100 MYR | 823.78 THB |
| 200 MYR | 1,647.57 THB |
| 250 MYR | 2,059.46 THB |
| 500 MYR | 4,118.92 THB |
| 1,000 MYR | 8,237.84 THB |
| 2,500 MYR | 20,594.59 THB |
| 5,000 MYR | 41,189.18 THB |
| 10,000 MYR | 82,378.37 THB |
| Provider / Channel | THB/MYR Effective Exchange Rate | Estimated Fee | Estimated Received (MYR) | Effective Difference |
|---|---|---|---|---|
|
LocalExchangeRates
Interbank Wholesale (Pure Benchmark)
|
0.1214 MYR | 0.00% | 606.96 MYR | Benchmark (0%) |
|
Major Commercial High-Street Banks
Standard bank wire / counter transfer
|
0.1171 MYR | ~3.50% | 585.71 MYR | -21.24 MYR |
|
Airport Currency Exchange Kiosks
Airport terminal cash counters
|
0.1093 MYR | ~10.00% | 546.26 MYR | -60.70 MYR |
Searches for 1 THB to MYR or convert THB to MYR describe the amount of Malaysian Ringgit received per 1 Thai Baht. At today's wholesale baseline of 1 THB = 0.1214 MYR (inverse: 1 MYR = 8.2378 THB), understanding retail bank margins helps protect your funds:
Official monetary framework, central bank governance, and banknote specifications for Thailand and Malaysia.
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 Malaysian Ringgit (currency code: MYR) is the official legal tender of Malaysia, issued and regulated by Central Bank of Malaysia (BNM). Its valuation reflects global trade balances, macroprudential monetary policy, and interbank liquidity conditions.
Foreign exchange transactions between Thailand (THB) and Malaysia (MYR) 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 MYR:
LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.
Common questions regarding Thai Baht to Malaysian Ringgit conversion, bank spreads, and transfer costs.
At the current mid-market exchange rate (1 THB = 0.1214 MYR), 1,000 Thai Baht equals approximately 121.39 Malaysian Ringgit. 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.