ZAR to THB — 2023

1.8662THB

for 1 Rand on 29 December 2023 · opened the year at 2.0314

8.13% over 2023

European Central Bank reference rate
255 trading days
Reference rate, not an offer

Today: 1 ZAR = 2.0382 THB (PayerPay indicative rate, includes our margin)

2023 at a glance

1 ZAR in THB
Measure	Rate	When
Opened	2.0314 THB	2 January 2023
Closed	1.8662 THB	29 December 2023
Highest	2.0314 THB	2 January 2023
Lowest	1.7570 THB	31 May 2023
Average	1.8869 THB	255 trading days
Change	-8.13% THB	open to close

Month by month

ZAR to THB, 2023▼ 8.13%

1 ZAR in THB, month by month, 2023
Month	Open	Close	High	Low	Change
January	2.0314	1.8913	2.0314	1.8889	-6.90%
February	1.9031	1.9172	1.9263	1.8875	+0.74%
March	1.9127	1.9201	1.9201	1.8454	+0.39%
April	1.9209	1.8589	1.9209	1.8572	-3.23%
May	1.8603	1.7570	1.8608	1.7570	-5.56%
June	1.7585	1.8700	1.9137	1.7585	+6.34%
July	1.8756	1.9299	1.9621	1.8449	+2.90%
August	1.8907	1.8612	1.8966	1.8361	-1.56%
September	1.8704	1.9358	1.9358	1.8464	+3.49%
October	1.9303	1.9180	1.9324	1.8886	-0.64%
November	1.9427	1.8713	1.9561	1.8666	-3.67%
December	1.8795	1.8662	1.9078	1.8446	-0.71%

← 2022 · All ZAR to THB history · THB to ZAR in 2023 · 2024 →

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Routes to Thailand

Common questions

How did ZAR to THB change in 2023?

From 2.0314 THB per ZAR on 2 January 2023 to 1.8662 on 29 December 2023: -8.13% over the year, with an average of 1.8869 across 255 trading days.

What were the high and low of ZAR to THB in 2023?

High: 2.0314 on 2 January 2023. Low: 1.7570 on 31 May 2023.

About these rates

The rates on this page are European Central Bank euro reference rates, converted through the US dollar into a cross rate, one reading per trading day. Days from 28 September 2026 onward come from PayerPay's own daily record. They are reference rates published for information, not an offer to transact — PayerPay's indicative rate today is 1 ZAR = 2.0382 THB, and it includes our margin. The final rate for a transfer is confirmed in your order.

Source: European Central Bank. Corrections: support@payerpay.io.

Who we are

PayerPay is operated by PAYER PAY INTERNATIONAL INC (Company ID BC1526086), registered with the Financial Transactions and Reports Analysis Centre of Canada under MSB registration C100001025 and with the Bank of Canada under the Retail Payment Activities Act. Payment details are issued through licensed banking partners.