2025-02-13
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 Feb 6 | Buy Feb 13 | Change (%) |
|---|---|---|---|
| USD | 33,5151 | 33,8153 | + 0,90 % |
| GBP | 41,5450 | 41,7390 | + 0,47 % |
| EUR | 34,5437 | 34,8345 | + 0,84 % |
| SEK | 3,0224 | 3,0890 | + 2,20 % |
Comprehensive analysis
Over the past week, all analyzed currencies have strengthened against the Thai baht. The Swedish krona (SEK) has had the biggest increase with +2,20%, followed by the US dollar (USD) and the euro (EURThe British pound (GBP) has had the smallest increase but has also strengthened.
Individual analysis
- USD/THB: The dollar has strengthened by +0,90%, which can be linked to renewed strength in the US economy and increased demand for safe assets.
- GBP/THB: The pound has increased by +0,47%. This may be due to continued stability in the UK economy and increased interest in the pound in the foreign exchange market.
- EUR/THB: The euro has risen by +0,84%, which could be a sign of confidence that the eurozone economy is stabilizing after a period of weakness.
- SEK/THB: The Swedish krona has strengthened the most by +2,20%, which may partly be due to the market reacting positively to signals of stabilization of the Swedish economy and expectations that the Riksbank will stick to its current interest rate path.
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