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PayCoin to Thai Baht Converter and calculator

Convert 1PayCoin (XPY) to Thai Baht (THB) equals ฿ 0.02287 | Bitget
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Last updated 2024/12/18 13:40:45 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of PayCoin(XPY) to Thai Baht(THB). This is the real-time data. The current conversion shows 1 XPY at a value of 1 XPY for 0.02 THB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

THB information

About the Thai Baht (THB)

What Is the Thai Baht (THB)?

The Thai Baht (THB), symbolized as ฿, is the official currency of the Kingdom of Thailand. The term "Baht" refers to both the currency itself and a unit of weight for gold, which is traditionally used in Thailand. The currency is divided into 100 smaller units known as satangs. The Thai Baht is the sole legal tender in Thailand, and it is used for all transactions within the country.

The Thai Baht is issued by the Bank of Thailand, which is the central bank of Thailand. The Bank of Thailand is responsible for the printing and minting of banknotes and coins, respectively, as well as for managing the country's monetary policy and maintaining the stability of the national currency. The Bank of Thailand was established in 1942 and has since been the sole authority for issuing the Thai Baht.

What Is the History of THB?

The baht, one of the oldest currencies, dates back to the 13th century. Originally based on a unit of mass (15 grams of silver), it transitioned to a decimal-based system in the late 19th century. The baht's value was once pegged to various currencies, including the British pound, Japanese yen, and the US dollar, before floating freely in the foreign exchange market post-1997 Asian Financial Crisis.

Notes and Coins of THB

Coins come in denominations of 1, 5, 10, 25, and 50 satangs, as well as ฿1, ฿2, ฿5, and ฿10. Banknotes are issued in denominations of ฿20, ฿50, ฿100, ฿500, and ฿1,000. Each banknote features a portrait of the country’s King, King Maha Vajiralongkorn, on the obverse side, and images of preceding rulers on the reverse.

Economic Significance

Despite political unrest, the Thai baht was one of the best-performing currencies in the forex market as of now. Thailand's economy, heavily reliant on exports (computers, electrical appliances, textiles, jewelry), fishing, agriculture, and tourism, accounts for about 66% of its GDP. The baht's strength reflects Thailand's economic growth, which, despite a slowdown post-1997, has significantly reduced poverty and elevated the country to an upper-middle-income status.

Exchange Rate and Value

Historically, the baht's value has seen significant shifts. For instance, during the 20th century, it fluctuated between 11 and 22 baht per British pound and was pegged at 20 baht = 1 USD in the mid-1950s, adjusting to 25 baht = 1 USD during the Reagan presidency. Post-1997 crisis, the USD/THB rate soared to 56 baht per USD, but as of 2024, it stabilized around 35 baht per USD.

Is THB Pegged to USD?

The Thai Baht (THB) is not pegged to the US Dollar (USD). Thailand adopted a floating exchange rate system for the Baht following the Asian Financial Crisis in 1997. Prior to this crisis, the Baht was pegged to the US Dollar, but the peg was abandoned in response to the financial pressures and economic conditions of the time.

Under the floating exchange rate system, the value of the Thai Baht is determined by market forces, primarily supply and demand dynamics in the foreign exchange market. This means that the Baht's exchange rate against the US Dollar and other currencies can fluctuate based on a variety of economic factors, including Thailand's economic performance, interest rates, inflation, and global economic conditions.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular PayCoin currency pair is the XPY to THB, with for PayCoin's currency code being XPY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for THB.

XPY to THB conversion rate trend

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Live PayCoin (XPY) price chart
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In the past 1D, PayCoin has changed +0.26% to THB. Based on the trend and price charts, PayCoin(XPY) has changed +0.26% to THB while Thai Baht(THB) has changed -0.26% to XPY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
฿0.02287
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/18 08:35:15(UTC+0)

How to buy PayCoin

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy PayCoin (XPY)
Use a variety of payment options to buy PayCoin on Bitget. We'll show you how.

Buy XPY (or USDT) for THB (Thai Baht) offers

Bitget P2P trading does not currently support direct buying of XPY with THB. However, you can buy USDT in Bitget P2P trading first, and then buy XPY with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
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Sell XPY (or USDT) for THB (Thai Baht) offers

Bitget P2P trading currently does not support direct selling of XPY to THB. However, you can first exchange XPY for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of PayCoin to Thai Baht?

PayCoin to Thai Baht is falling this week.
PayCoin's current market price is ฿ 0.02287 per XPY, with a total market cap of ฿ 0 THB based on a circulating supply of -- XPY. The trading volume of PayCoin has changed by 0.00% (฿ 0 THB) in the last 24 hours. Last trading day, XPY's trading volume was ฿ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 XPY

Conversion tables

The exchange rate of PayCoin is increasing.
1 XPY is currently valued at ฿ 0.02287 THB , which means buying 5 XPY will cost ฿ 0.1143 THB . Similarly, ฿1 THB can be traded for 43.73 XPY, and ฿50 THB can be converted to 2,186.58 XPY, excluding any platform or gas fees.
The exchange rate of 1 XPY to Thai Baht has changed by -4.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.26%, reaching a high of 0.02395 THB and a low of 0.02294 THB . One month ago, the value of 1 XPY was ฿ 0.02088 THB , which represents a +9.37% change from its current value. Over the last year, PayCoin has changed by
-฿
0.06552THB
, resulting in a change of -73.88% in its value.

XPY to THB

Amount
13:40 today
0.5 XPY
฿0.01143
1 XPY
฿0.02287
5 XPY
฿0.1143
10 XPY
฿0.2287
50 XPY
฿1.14
100 XPY
฿2.29
500 XPY
฿11.43
1000 XPY
฿22.87

THB to XPY

Amount13:40 today
0.5THB21.87  XPY
1THB43.73  XPY
5THB218.66  XPY
10THB437.32  XPY
50THB2,186.58  XPY
100THB4,373.16  XPY
500THB21,865.81  XPY
1000THB43,731.61  XPY

Today vs. 24 hours ago

Amount13:40 today24 hours ago24h change
0.5 XPY$0.0003340$0.0003332
+0.26%
1 XPY$0.0006681$0.0006664
+0.26%
5 XPY$0.003340$0.003332
+0.26%
10 XPY$0.006681$0.006664
+0.26%
50 XPY$0.03340$0.03332
+0.26%
100 XPY$0.06681$0.06664
+0.26%
500 XPY$0.3340$0.3332
+0.26%
1000 XPY$0.6681$0.6664
+0.26%

Today vs. 1 month ago

Amount13:40 today1 month ago1M change
0.5 XPY$0.0003340$0.0003051
+9.37%
1 XPY$0.0006681$0.0006101
+9.37%
5 XPY$0.003340$0.003051
+9.37%
10 XPY$0.006681$0.006101
+9.37%
50 XPY$0.03340$0.03051
+9.37%
100 XPY$0.06681$0.06101
+9.37%
500 XPY$0.3340$0.3051
+9.37%
1000 XPY$0.6681$0.6101
+9.37%

Today vs. 1 year ago

Amount13:40 today1 year ago1Y change
0.5 XPY$0.0003340$0.001291
-73.88%
1 XPY$0.0006681$0.002582
-73.88%
5 XPY$0.003340$0.01291
-73.88%
10 XPY$0.006681$0.02582
-73.88%
50 XPY$0.03340$0.1291
-73.88%
100 XPY$0.06681$0.2582
-73.88%
500 XPY$0.3340$1.29
-73.88%
1000 XPY$0.6681$2.58
-73.88%

PayCoin price prediction

What will the price of XPY be in 2025?

Based on XPY's historical price performance prediction model, the price of XPY is projected to reach $0.001568 in 2025.

What will the price of XPY be in 2030?

In 2030, the XPY price is expected to change by +5.00%. By the end of 2030, the XPY price is projected to reach $0.002234, with a cumulative ROI of +234.38%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.