THB/ZAR
Market Open
15 Jun, 11:01
R
0. 497290
+0.003954
+0.8015%
R
54,821 Volume
R 0.493336
Previous Close Want to track THBZAR and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
THBZAR Overview
THBZAR denotes the exchange rate expressing how many South African rand one Thai baht will purchase. It tracks the relative value of Thailand’s currency versus South Africa’s and is quoted in financial markets where cross-currency trading or valuation is required.
The Thai baht (THB) is the official currency of the Kingdom of Thailand and is used for domestic transactions across the country. Issuance and monetary policy are managed by the Bank of Thailand, which sets interest rates and implements tools to maintain price stability and financial system stability.
The South African rand (ZAR) is the legal tender of the Republic of South Africa and is issued by the South African Reserve Bank. The SARB oversees monetary policy in South Africa, aiming to control inflation and support sustainable economic growth, which in turn influences the rand’s external value.
The THBZAR exchange rate is driven by supply and demand dynamics in forex markets, interest rate differentials, inflation trends, and central bank actions in both countries. Broader factors such as trade balances, capital flows and geopolitical developments also affect pricing and volatility.
Market participants monitor THBZAR for trade settlement, hedging currency exposure and speculative opportunities, particularly when assessing risks and returns between Southeast Asian and African currency markets.
The Thai baht (THB) is the official currency of the Kingdom of Thailand and is used for domestic transactions across the country. Issuance and monetary policy are managed by the Bank of Thailand, which sets interest rates and implements tools to maintain price stability and financial system stability.
The South African rand (ZAR) is the legal tender of the Republic of South Africa and is issued by the South African Reserve Bank. The SARB oversees monetary policy in South Africa, aiming to control inflation and support sustainable economic growth, which in turn influences the rand’s external value.
The THBZAR exchange rate is driven by supply and demand dynamics in forex markets, interest rate differentials, inflation trends, and central bank actions in both countries. Broader factors such as trade balances, capital flows and geopolitical developments also affect pricing and volatility.
Market participants monitor THBZAR for trade settlement, hedging currency exposure and speculative opportunities, particularly when assessing risks and returns between Southeast Asian and African currency markets.
THBZAR Chart
THBZAR FAQ
What is the current THB/ZAR price?
The current rate is R0.497290, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the THB/ZAR rate changed today?
The rate has changed by +0.003954 (+0.8015%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R0.493336, 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/ZAR moving up or down?
Movements in THB/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.8015%) is based on the difference between the current rate and the previous closing rate.
Is THB/ZAR trending up or down right now?
If the current rate (R0.497290) is above the previous close (R0.493336), 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/ZAR directly on this page.
