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THBIDR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    495.8986$
  • Previous Close
    501.4591$
  • 52 Week Change
    --
  • Day Range
    -5.56$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

THBIDR.FOREX represents the exchange rate between the Thai Baht (THB) and the Indonesian Rupiah (IDR) in the foreign exchange market. It indicates how many Indonesian Rupiah one can purchase with one Thai Baht. This currency pair is primarily traded in Asia, and its value fluctuates based on various economic factors influencing both Thailand and Indonesia, such as interest rate differentials, inflation rates, economic growth, and political stability.
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Factors

Interest Rate Differentials: Higher interest rates in Thailand compared to Indonesia tend to strengthen the Thai Baht against the Indonesian Rupiah.

Economic Growth: Stronger economic performance in Thailand relative to Indonesia can appreciate the THB/IDR exchange rate.

Inflation Rates: Lower inflation in Thailand compared to Indonesia usually leads to a stronger THB.

Government Policies: Changes in monetary or fiscal policies by either government impact currency values.

Market Sentiment: Overall investor confidence and risk appetite influence capital flows and exchange rates.

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