2025-01-30
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 23 | Buy Jan 30 | Change (%) |
|---|---|---|---|
| USD | 33,7934 | 33,6210 | -0,51% |
| GBP | 41,3279 | 41,6436 | + 0,76 % |
| EUR | 34,9215 | 34,8915 | -0,09% |
| SEK | 3,0428 | 3,0484 | + 0,18 % |
Comprehensive analysis
The currency market has shown mixed performance over the past week. The US dollar (USD) and the euro (EUR) has continued to weaken slightly against the Thai baht, while the British pound (GBP) and the Swedish krona (SEK) has strengthened somewhat.
Individual analysis
- USD/THB: The dollar has fallen by -0,51%, which can be linked to increased optimism in global markets and a more cautious stance from the Federal Reserve.
- GBP/THB: The pound has strengthened by +0,76%, likely due to positive economic signals from the UK and increased investment activity in the pound.
- EUR/THB: The euro has seen a marginal decline of -0,09%, indicating relative stabilization in the eurozone despite some uncertainty.
- SEK/THB: The Swedish krona has strengthened by +0,18%, which may be due to increased market expectations of a more stable monetary policy from the Riksbank.
Which course presents Thailand Info and why?
For our currency updates we use the purchase price for digital transferThis 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 interest rate decisions and inflation. 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