1 THB = 8.8 PKR
Exchange rate for 1 THB to PKR is RS. 8.8
Last updated on 23-May-2025 at 12:00 AM
THB to PKR Open Market Rates
In the ever-fluctuating world of currency exchange, staying informed about the THB to PKR rate is crucial for travelers, investors, and businesses involved in cross-border trade. As of today, the THB to PKR exchange rate in the open market continues to reflect a mixture of domestic economic conditions, international policy shifts, and macroeconomic trends across Asia. The volatility in this pair is drawing attention due to growing trade relations between Thailand and Pakistan, increased tourism, and remittance activity.
For anyone dealing with remittances or business in Thailand and Pakistan, staying on top of the thb to pkr rate is more than a financial choice—it’s a necessity for informed decision-making.
Current THB to PKR Exchange Rate Analysis
Date | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
May 21, 2025 | 7.90 | 8.15 |
May 20, 2025 | 7.85 | 8.10 |
May 19, 2025 | 7.80 | 8.05 |
May 18, 2025 | 7.82 | 8.08 |
May 17, 2025 | 7.88 | 8.12 |
As the table above shows, the 1 thb to pkr rate in the open market has maintained a relatively stable yet marginally upward trajectory over the past few days. The appreciation is closely tied to a dip in the PKR due to increased import demand and pressure on Pakistan’s foreign reserves.
Factors Influencing the THB to PKR Open Market Rate
1. Interest Rate Policies in Thailand and Pakistan
The State Bank of Pakistan (SBP) and Bank of Thailand (BoT) play pivotal roles in defining monetary policies that directly affect the exchange rate. When interest rates are higher in Thailand, foreign investors are more inclined to invest there, leading to a stronger THB compared to the PKR.
2. Trade Volume and Balance
The trade balance between Thailand and Pakistan heavily influences the thb to pkr today rate. Thailand exports automotive parts, electronics, and textiles to Pakistan, while Pakistan exports rice, fruits, and seafood. A trade imbalance on either side might strain the corresponding currency, favouring the surplus holder by means of rate adjustments.
3. Inflation and Economic Stability
Thailand's relatively low inflation rate and stable economy make the THB an attractive currency. On the contrary, Pakistan continues to grapple with higher inflation and currency devaluation, contributing to a weakened PKR in the open market.
4. Political Climate and External Debt
Political uncertainty and rising debt levels in Pakistan often lead to downward pressure on the Rupee. Thailand, despite occasional political shifts, has managed to maintain investor confidence, keeping the THB stable and often stronger in the thb to pkr open market exchange.
5. Remittances and Foreign Exchange Reserves
With thousands of Pakistanis residing in Thailand, remittance flows also impact the PKR. A decrease in remittances means less foreign currency inflow, which can weaken the Rupee further. Similarly, lower reserves reduce the SBP’s ability to stabilize the currency.
THB to PKR Trends Over the Last Year
Month | Average Exchange Rate (PKR) |
|---|---|
May 2024 | 7.60 |
August 2024 | 7.90 |
November 2024 | 8.05 |
February 2025 | 8.00 |
May 2025 | 8.15 |
The steady increase over the past year is largely due to economic stress in Pakistan and the strengthening of Thailand's currency backed by a robust tourism rebound and export growth.
Where to Get the Best THB to PKR Rate Today?
To get the most favorable thb to pkr today rate, it’s advisable to compare rates across:
- Authorized currency dealers
- Forex marketplaces
- Banks offering foreign exchange services
- Online platforms like TransferWise, XE, or Google Currency Converter
Always cross-verify the open market rate with the interbank rate, which tends to be lower but doesn't reflect what retail buyers or sellers will get.
Impact of Global Markets on THB and PKR
The value of both currencies is also affected by external forces like:
- U.S. dollar strength
- Oil prices (as Pakistan imports large quantities)
- Geopolitical stability in Asia
- China’s economic performance, which is a trade partner for both countries
When global investors seek safe havens, the THB tends to perform better, while the PKR often sees downward pressure due to Pakistan's economic vulnerabilities.
Forecast for THB to PKR Exchange Rate
Based on macroeconomic indicators and central bank policies, most analysts expect the 1 thb to pkr rate to hover around 8.00 to 8.30 PKR over the next quarter. However, any unforeseen political or economic shock could cause rapid fluctuations.
Best Practices for Currency Exchange
If you intend to convert Thai Baht to Pakistani Rupee or vice versa:
- Monitor the open market rate regularly
- Avoid exchanging at airports due to poor rates
- For bigger amounts, choose digital wallets or bank transactions.
- Use mobile apps to get real-time alerts
- Exchange during high liquidity hours (usually mid-week, 10 AM–2 PM)
These techniques will enable you to optimize value in every deal.
Conclusion
The THB to PKR open market exchange rate is influenced by a web of interconnected global and local economic conditions. From inflation to interest rates, and from trade balances to remittance flows, every factor plays a role in defining the strength or weakness of each currency. The ongoing appreciation of the THB to PKR underscores a significant shift in economic momentum, bolstered by Thailand’s recovery and Pakistan’s ongoing fiscal challenges. For investors, businesses, and individuals involved in either country, staying informed and proactive is essential.
FAQs
What is the current THB to PKR rate today?
As of May 21, 2025, the buying rate is around 7.90 PKR, while the selling rate is approximately 8.15 PKR in the open market.
Why does the THB to PKR rate fluctuate so much?
Exchange rates fluctuate due to factors like inflation, interest rates, political stability, global oil prices, and trade balances between the two countries.
Is it better to exchange THB to PKR in banks or in the open market?
The open market generally offers better rates compared to banks, though it carries slightly more risk. Always verify with authorized dealers.
Can I track THB to PKR rates online?
Yes, websites like XE, OANDA, and Google Currency Converter offer real-time exchange rate tracking.
Will the THB to PKR rate increase in the future?
Analysts expect moderate appreciation in the Thai Baht against the PKR due to Pakistan’s economic instability and Thailand’s trade growth.
