2025-01-16
16 Januari 2025
Here is a summary of how some of the most important currencies have performed against the Thai baht (THB) during the past week.
| Currency | Buy Jan 9 | Buy Jan 16 | Change (%) |
|---|---|---|---|
| USD | 34,8274 | 34,3889 | -0,32% |
| GBP | 43,2189 | 41.8167 | -1,38% |
| EUR | 36,0874 | 35.2097 | -0,56% |
| SEK | 3,1373 | 3.0639 | -0,41% |
Comprehensive analysis
Over the past week, all four currencies analyzed have weakened against the Thai baht. The British pound (GBP) recorded the largest decrease of -1,38%, followed by the euro (EUR), Swedish krona (SEK), and finally the US dollar (USD).
Individual analysis
- USD/THB: The dollar has decreased marginally by -0,32%. This may be a temporary decline related to lower demand for USD in the region.
- GBP/THB: The pound shows a clear decline of -1,38%, likely linked to uncertainty in the British economy.
- EUR/THB: The euro has lost -0,56% in value, possibly due to weaker economic indicators from the eurozone.
- SEK/THB: The Swedish krona has fallen by -0,41%, which can be linked to reduced market expectations for higher interest rates in Sweden.
Which course presents Thailand Info and why?
For our currency updates we use digital transfer purchase priceThis is the rate most relevant to tourists and expats exchanging or sending money to Thailand via financial services.
Summary
The foreign exchange market continues to be influenced by global economic factors, including inflation data and interest rate decisions. Thailand Info follows these changes and updates weekly with the latest analyses to provide a clear picture of the trends.
Follow our weekly currency analyses to make better financial decisions.
- Previous weeks:
Source
Exchange rates taken from Bank of Thailand
Disclaimer:
The exchange rates in this report are taken from credible sources and are intended for informational purposes. Thailand Info is not responsible for any decisions made based on the information in this article. Rates may vary and it is recommended to double check with current market data or your bank before making any transactions.
Text: The editorial staff
Image license: TheDigitalArtist, Pixabay, original image
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