THB to INR Calculator
Enter any amount to see the exact converted value at today's live interbank rate — zero markup applied.
Today's Exchange Rates
THB to INR — Everything You Need to Know
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1 THB to INR today
The mid-market rate is the midpoint between the buy and sell prices on the global currency market. It is what Google shows. It is not what your bank charges.
The THB to INR rate moves on Bank of Thailand policy decisions, Thailand's tourism receipts, and regional capital flows. The baht is also sensitive to gold prices, since Thai households hold substantial gold reserves. Tourism-led foreign currency inflows typically strengthen the baht; outbound capital flows weaken it. The rupee's own movement against the dollar shapes the cross-rate.
The rate you see on Google is a reference number. The rate you transact at depends on who you buy from.
GST on the service component (tiered) + TCS above ₹10 lakh per FY apply per LRS rules. Disclosed upfront.
What 1 THB to INR actually costs you
Here is where most travellers lose money on a Thailand trip without realising it. A bank or airport counter quoting THB at the mid-market rate plus a markup will not show that markup as a separate line item. It is built into the exchange rate.
On a typical Bangkok-Phuket family trip, a household buys tens of thousands of baht for hotels, dining, transport, and shopping. Even a small per-baht markup compounds into a meaningful rupee figure across the trip budget. Airport counters in both Delhi and Bangkok usually carry the largest markups.
There are typically three cost layers on a THB conversion: the exchange rate markup built into the quoted rate, a transaction or service fee, and GST charged on the service component.
Matrix Forex sells Thai baht at the live interbank rate without a markup.
Ways to convert THB to INR
A bank wire transfer suits larger amounts, though most Thailand spending is travel-related. Processing takes one to three working days with the bank's exchange rate plus SWIFT charges.
Online forex providers let you book a rate online, then choose branch pickup or door delivery before departure. The booking locks the rate before payment.
A forex card is a prepaid card loaded with baht before travel. It works at point-of-sale and ATMs across Thailand. The Matrix Forex Card supports THB alongside 27 other currencies.
Branch cash exchange is the most common choice for Thailand — much of the local economy runs on cash, especially street markets and smaller vendors.
Tax and limits on THB to INR
Under the Liberalised Remittance Scheme, an Indian resident individual can remit up to USD 250,000 (or its THB equivalent) per financial year for permitted purposes — travel, education, medical, family support, gifts, and investments.
TCS applies above ₹10 lakh per person per financial year. Education funded through a loan from a Section 80E recognised institution is at 0% TCS regardless of amount. Self-funded education and medical are at 2% above ₹10 lakh. Other LRS purposes including travel, gifts, and investments are at 20% above ₹10 lakh.
TCS is not a final tax. It is adjusted against your annual income tax liability.