Euro to Thai Baht exchange rate

Summary EUR/THB today

1 € = ฿ 37.691
1 ฿ = € 0.0265 +0,34%
Last updated: 2026/04/20 17:45

Convert between Euros and Thai Baht

 €
=
฿
1.2000
Flip currencies

Euro to Thai Baht historical chart

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Time period:

1 year or Since 2019

Top 5 biggest currency moves against the Euro over the last 7 days

Currency
Silver (oz)
2.0318 €2.193 €+7.92%
Bitcoin (BTC)
61,576 €63,991 €+4.43%
Gold Sovereign
948.02 €966.02 €+1.89%
Gold (oz)
129.47 €131.93 €+1.89%
Egyptian Pound (EGP)
0.0161 €0.0163 €+1.87%
Iraqi Dinar (IQD)
0.0007 €0.0006 €-0.55%
Algerian Dinar (DZD)
0.0065 €0.0064 €-0.55%
Turkish Lira (TRY)
0.0191 €0.0189 €-0.85%
Yemeni Rial (YER)
0.0036 €0.0036 €-1.12%
Ukrainian Hryvnia (UAH)
0.0197 €0.0192 €-2.17%
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About Thai Baht

Currency nameThai Baht
Symbol฿
Also known asTHB, Thai Baht, ฿1 = 100 satang
ISO codeTHB
Banknotes20, 50, 100, 500, 1000 ฿
Coins25, 50 satang; 1, 2, 5, 10 ฿
Central bankBank of Thailand (BOT) - Website: www.bot.or.th
Countries1 country: Thailand (capital: Bangkok, major cities: Bangkok, Chiang Mai, Phuket, Pattaya)
Population71 mil.

History

The history of the Thai baht is a rich narrative reflecting the country's journey from the ancient kingdom of Ayutthaya to a modern emerging market economy. Thailand's earliest monetary system used bullet-shaped silver pieces called "pot duang" — distinctive coins formed by rolling a rod of silver and stamping it — which were used for centuries as the primary medium of exchange.

King Rama IV (Mongkut) modernised Thailand's monetary system in the 1860s, introducing flat, round coins modelled on Western practice as Thailand engaged with foreign powers to maintain its independence — one of the few Asian nations never colonised by Europe. The baht was formally defined and the decimal system introduced under King Rama V (Chulalongkorn) in 1897.

Thailand joined the Bretton Woods system with the baht pegged at 20.8 baht per dollar, a rate that was later adjusted to 25 baht. For much of the postwar period, Thailand maintained a stable peg and achieved impressive growth rates. However, the 1997 Asian Financial Crisis originated partly in Thailand: the baht, overvalued and under speculative attack, was devalued on 2 July 1997 — an event that triggered a regional financial crisis spreading to Indonesia, South Korea, Malaysia, and beyond.

The Bank of Thailand subsequently adopted an inflation-targeting framework with a managed float. The baht has been broadly stable since, supported by Thailand's export-oriented economy, strong tourism revenues, and substantial foreign exchange reserves.

Sources:

"Thai baht", Wikipedia, https://en.wikipedia.org/wiki/Thai_baht

"1997 Asian financial crisis", Wikipedia, https://en.wikipedia.org/wiki/1997_Asian_financial_crisis