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INR to THB: Indian Rupee to Thai Baht

Live INR to THB exchange rate today - 1 INR equals 0.3496 THB, with an instant two-way converter for Indian Rupee to Thai Baht.

Today's INR to THB Exchange Rate

1 INR = 0.349560 THB

1 THB = 2.8607 INR

Updated: September 4, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

0.3496 Thai Baht

Last updated: September 4, 2026

This INR to THB rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Thai Baht (THB) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is THB (Thai Baht)?

A managed float influenced heavily by tourism revenue, one of Thailand's largest sources of foreign currency.

Key Facts

  • ISO code: THB
  • Symbol: เธฟ
  • Subunit: 100 satang = 1 baht
  • Issued by: Bank of Thailand (BOT)

Why Does the INR/THB Exchange Rate Change?

The INR/THB rate moves every trading day, driven mainly by:

  • Bank of Thailand interest rate decisions and foreign exchange market operations.
  • Thailand's tourism revenue - tourism is one of Thailand's largest sources of foreign currency, so travel demand swings affect baht flows.
  • Regional (ASEAN) capital flows and investor sentiment toward Southeast Asian markets.
  • India-Thailand trade flows.
  • Global risk sentiment, since THB (like other emerging Asian currencies) tends to weaken during broad risk-off periods.
  • RBI intervention and rupee-side factors.

Frequently Asked Questions

Why does tourism affect the Thai Baht?

Tourism is one of Thailand's largest sources of foreign currency income, so a strong or weak travel season (driven by anything from global travel trends to regional stability) has a noticeably larger effect on the baht than it would on a less tourism-dependent economy's currency.

Is the Thai Baht pegged to any other currency?

No, it's a managed float. The Bank of Thailand doesn't fix it to any rate but does intervene in the market at times to smooth unusually sharp swings.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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