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Market Commentary 31524
June, 2019 Data:
The 12 month forecast for the Thailand Baht is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the
Thailand Baht will be roughly 30.36 Thailand Bahts to the USD. The table
shows a HDTFA of 2.32 which suggests that the July, 2020 currency exchange
rate could easily fall between 32.68 and 28.05 THB/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for THB/USD.
HISTORICAL EXCHANGE RATE SUMMARY: THB/USD
Average (Last 12 Months) 32.21
Average (Last 10 Years) 32.47
High (Last 12 Months) 33.27 (July, 2018)
Low (Last 12 Months) 30.67 (June, 2019)
High (Since January, 1981) 52.98 (January, 1998)
Low (Since January, 1981) 20.55 (March, 1981)
The Thailand Baht exchange rate for June, 2019 averaged 30.67 THB to USD.
That's 109.0 basis points lower than the May, 2019 rate of 31.76, and 182
basis points lower than the June, 2018 rate of 32.49. The fall in the THB/USD
exchange rate from May to June provides evidence that the short term trend in
THB/USD is down. In other words, a weakening of the US Dollar against the
Thailand Baht in the short term. If that trend continues in the currency market,
we should see an average daily rate in July, 2019 that is close to 29.58.
The average Thailand Baht conversion rate over the last 12 months was 32.21.
The average rate over the last 10 years was 32.47. The minimal change in the
Thailand Bahts to dollars exchange rate over the last 12 months compared to
average conversion rates over the last 10 years serve as an indicator that the
long term trend in THB/USD is relatively flat.
The highest currency rate for THB/USD over the last 12 months was 33.27. The
lowest was 30.67. The market high was attained in July, 2018. The market low
was achieved in June, 2019.
Forecast-Chart.com's historical research covers Thailand Baht data back to
January, 1981. The average exchange value during that period of history was
31.29 THB/USD. The highest rate was 52.98. The lowest was 20.55. The
market high was attained in January, of 1998. The market low was achieved in
March of 1981. Recent rates experienced in June of 2019 are similar to the
historical 31.29 average.
This page provides a five year chart and a forecast for the Thailand Baht. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Thailand Baht. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Thailand Baht. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US),
Thailand / U.S. Foreign Exchange Rate [EXTHUS], retrieved from FRED,
Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXTHUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
June, 2019 Data:
The 12 month forecast for the Thailand Baht is in the table at the top of this
page. Forecast-Chart.com is forecasting that the exchange rate for the
Thailand Baht will be roughly 30.36 Thailand Bahts to the USD. The table
shows a HDTFA of 2.32 which suggests that the July, 2020 currency exchange
rate could easily fall between 32.68 and 28.05 THB/USD. Links to Forecasts for
fourteen other currencies may be found by clicking Currency Exchange
Forecasts at the top of this page.
All data and calculations on this page are based on the average daily rate per
calendar month for THB/USD.
HISTORICAL EXCHANGE RATE SUMMARY: THB/USD
Average (Last 12 Months) 32.21
Average (Last 10 Years) 32.47
High (Last 12 Months) 33.27 (July, 2018)
Low (Last 12 Months) 30.67 (June, 2019)
High (Since January, 1981) 52.98 (January, 1998)
Low (Since January, 1981) 20.55 (March, 1981)
The Thailand Baht exchange rate for June, 2019 averaged 30.67 THB to USD.
That's 109.0 basis points lower than the May, 2019 rate of 31.76, and 182
basis points lower than the June, 2018 rate of 32.49. The fall in the THB/USD
exchange rate from May to June provides evidence that the short term trend in
THB/USD is down. In other words, a weakening of the US Dollar against the
Thailand Baht in the short term. If that trend continues in the currency market,
we should see an average daily rate in July, 2019 that is close to 29.58.
The average Thailand Baht conversion rate over the last 12 months was 32.21.
The average rate over the last 10 years was 32.47. The minimal change in the
Thailand Bahts to dollars exchange rate over the last 12 months compared to
average conversion rates over the last 10 years serve as an indicator that the
long term trend in THB/USD is relatively flat.
The highest currency rate for THB/USD over the last 12 months was 33.27. The
lowest was 30.67. The market high was attained in July, 2018. The market low
was achieved in June, 2019.
Forecast-Chart.com's historical research covers Thailand Baht data back to
January, 1981. The average exchange value during that period of history was
31.29 THB/USD. The highest rate was 52.98. The lowest was 20.55. The
market high was attained in January, of 1998. The market low was achieved in
March of 1981. Recent rates experienced in June of 2019 are similar to the
historical 31.29 average.
This page provides a five year chart and a forecast for the Thailand Baht. For
links to longer term charts, look at the links under the five year chart (above).
One link opens a ten year chart. Another opens our longest term graph on the
Thailand Baht. Just one glance at our long term charts can provide tremendous
insight into the historical trends of the financial markets. The table above
presents additional historical information on the Thailand Baht. Rate data is
presented on an annual basis.
Data Source: Board of Governors of the Federal Reserve System (US),
Thailand / U.S. Foreign Exchange Rate [EXTHUS], retrieved from FRED,
Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/EXTHUS
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
Thailand Bahts per 1 US Dollar are shown in gray (average daily rate per calendar month). The
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
forecast for the target month is shown in green. If the line in the chart is falling (left to right), the US
Dollar has weakened, causing...
| Thailand Baht to US Dollar (THB to USD) - 5 Year History |
| 32.00 |
| 36.00 |
| 40.00 |
| 28.00 |
| 20.00 |
| 44.00 |
| 24.00 |
| Thailand Baht Forecast Recent Currency Exchange Rates |
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Forecast & Current Analysis: Thailand Baht (THB)
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