THB/MYR
Market Open
15 Jun, 10:00
RM
0. 124459
+0.000605
+0.4882%
RM
1,478 Volume
RM 0.123854
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THBMYR Overview
THBMYR denotes the exchange rate expressing the value of one Thai Baht (THB) in terms of the Malaysian Ringgit (MYR). It tracks how many ringgit are needed to buy a single baht and is used to quote bilateral currency movements between Thailand and Malaysia.
The Thai Baht is the national currency of Thailand, abbreviated THB. It is issued and regulated by the Bank of Thailand, which oversees monetary policy, currency issuance and financial stability within the Thai economy.
The Malaysian Ringgit, with the ISO code MYR, is the official currency of Malaysia. Bank Negara Malaysia, the country’s central bank, is responsible for issuing the ringgit and for implementing monetary policy, foreign exchange operations and banking supervision in Malaysia.
Movements in the THBMYR rate are driven by supply and demand in foreign-exchange markets and by macroeconomic fundamentals such as interest rate differentials, inflation trends and trade balances. Central bank actions, including policy rate decisions and interventions, plus geopolitical developments, commodity prices and capital flows, also influence the pair.
For market participants, THBMYR matters for pricing cross‑border trade, managing currency risk for importers and exporters, and for speculative or arbitrage strategies among regional investors and currency traders.
The Thai Baht is the national currency of Thailand, abbreviated THB. It is issued and regulated by the Bank of Thailand, which oversees monetary policy, currency issuance and financial stability within the Thai economy.
The Malaysian Ringgit, with the ISO code MYR, is the official currency of Malaysia. Bank Negara Malaysia, the country’s central bank, is responsible for issuing the ringgit and for implementing monetary policy, foreign exchange operations and banking supervision in Malaysia.
Movements in the THBMYR rate are driven by supply and demand in foreign-exchange markets and by macroeconomic fundamentals such as interest rate differentials, inflation trends and trade balances. Central bank actions, including policy rate decisions and interventions, plus geopolitical developments, commodity prices and capital flows, also influence the pair.
For market participants, THBMYR matters for pricing cross‑border trade, managing currency risk for importers and exporters, and for speculative or arbitrage strategies among regional investors and currency traders.
THBMYR Chart
THBMYR FAQ
What is the current THB/MYR price?
The current rate is RM0.124459, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the THB/MYR rate changed today?
The rate has changed by +0.000605 (+0.4882%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was RM0.123854, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is THB/MYR moving up or down?
Movements in THB/MYR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.4882%) is based on the difference between the current rate and the previous closing rate.
Is THB/MYR trending up or down right now?
If the current rate (RM0.124459) is above the previous close (RM0.123854), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for THB/MYR directly on this page.
