
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 March 6 | Buy March 13 | Change (%) |
---|---|---|---|
USD | 33,5591 | 33,6285 | + 0,21 % |
GBP | 42,6536 | 43,3780 | + 1,70 % |
EUR | 35,3584 | 36,4547 | + 3,10 % |
SEK | 3,1916 | 3,3346 | + 4,48 % |
Analysis of currency developments
Den senaste veckan har valutamarknaden upplevt tydliga rörelser, särskilt för den svenska kronan (SEK), som har stärkts med +4,48%. Även euron (EUR) har haft en markant uppgång med +3,10%, följt av det brittiska pundet (GBP) by +1,70%. The US dollar (USD) har sett en mindre ökning med +0,21%.
- USD/THB: The dollar has increased by +0,21%, which may be due to a stabilization of the market ahead of the upcoming interest rate announcement from the Federal Reserve and reduced concerns about the growth of the US economy.
- GBP/THB: The pound has strengthened by +1,70%, likely due to positive economic signals from the UK and increased demand for the currency.
- EUR/THB: The euro has had a strong rise of +3,10%, partly driven by increased growth expectations within the eurozone and a tighter monetary policy from the ECB.
- SEK/THB: The Swedish krona has strengthened by +4,48%, which can be linked to increased international confidence, strong defense exports and an unexpectedly positive development in the Swedish economy (Realtid).
What course do we use?
We use Bank of Thailand's official buying rate for digital transfer, which is the rate actually used in transactions within Thai banks.
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: stevepb, Pixabay, original image