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Blur to Thai Baht Converter and calculator

Convert 1Blur (BLUR) to Thai Baht (THB) equals ฿ 16.72 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Blur(BLUR) to Thai Baht(THB). This is the real-time data. The current conversion shows 1 BLUR at a value of 1 BLUR for 16.72 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.

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

BLUR to THB conversion rate trend

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In the past 1D, Blur has changed -3.22% to THB. Based on the trend and price charts, Blur(BLUR) has changed -3.22% to THB while Thai Baht(THB) has changed % to BLUR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
฿16.91
0.0001% / 0.0004%vip-iconVIP
Binance
฿16.9
0.1000% / 0.1000%
Yes
OKX
฿16.9
0.080% / 0.100%
Yes
Huobi
฿16.88
0.1000% / 0.1000%
Yes
Gate.io
฿16.9
0.1000% / 0.1000%
Yes
Bybit
฿16.92
0.1000% / 0.1000%
Yes
KuCoin
฿16.89
0.1000% / 0.1000%
Yes
Bitfinex
฿16.8
0.1000% / 0.1000%
Yes
Last updated 2024/05/27 04:00:18(UTC+0)

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

Blur to Thai Baht is rising this week.
Blur's current market price is ฿ 16.72 per BLUR, with a total market cap of ฿ 27,279,314,657.76 THB based on a circulating supply of 1,631,082,800 BLUR. The trading volume of Blur has changed by -55.55% (฿ -3,497,011,796.65 THB) in the last 24 hours. Last trading day, BLUR's trading volume was ฿ 6,295,239,426.49.
Market cap
$744.93M
24h volume
$76.41M
Circulating supply
1.63B BLUR

Conversion tables

The exchange rate of Blur is increasing.
1 BLUR is currently valued at ฿ 16.72 THB , which means buying 5 BLUR will cost ฿ 83.62 THB . Similarly, ฿1 THB can be traded for 0.05979 BLUR, and ฿50 THB can be converted to 2.99 BLUR, excluding any platform or gas fees.
The exchange rate of 1 BLUR to Thai Baht has changed by +30.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.22%, reaching a high of 17.4 THB and a low of 16.36 THB . One month ago, the value of 1 BLUR was ฿ 13.95 THB , which represents a +19.88% change from its current value. Over the last year, Blur has changed by
-฿
2.32THB
, resulting in a change of -12.18% in its value.

BLUR to THB

Amount
04:22 am today
0.5 BLUR
฿8.36
1 BLUR
฿16.72
5 BLUR
฿83.62
10 BLUR
฿167.25
50 BLUR
฿836.23
100 BLUR
฿1,672.47
500 BLUR
฿8,362.33
1000 BLUR
฿16,724.67

THB to BLUR

Amount04:22 am today
0.5THB0.02990  BLUR
1THB0.05979  BLUR
5THB0.2990  BLUR
10THB0.5979  BLUR
50THB2.99  BLUR
100THB5.98  BLUR
500THB29.9  BLUR
1000THB59.79  BLUR
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Today vs. 24 hours ago

Amount04:22 am today24 hours ago24h change
0.5 BLUR$0.2284$0.2360
-3.22%
1 BLUR$0.4567$0.4719
-3.22%
5 BLUR$2.28$2.36
-3.22%
10 BLUR$4.57$4.72
-3.22%
50 BLUR$22.84$23.6
-3.22%
100 BLUR$45.67$47.19
-3.22%
500 BLUR$228.35$235.96
-3.22%
1000 BLUR$456.71$471.93
-3.22%

Today vs. 1 month ago

Amount04:22 am today1 month ago1M change
0.5 BLUR$0.2284$0.1905
+19.88%
1 BLUR$0.4567$0.3810
+19.88%
5 BLUR$2.28$1.9
+19.88%
10 BLUR$4.57$3.81
+19.88%
50 BLUR$22.84$19.05
+19.88%
100 BLUR$45.67$38.1
+19.88%
500 BLUR$228.35$190.49
+19.88%
1000 BLUR$456.71$380.99
+19.88%
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Today vs. 1 year ago

Amount04:22 am today1 year ago1Y change
0.5 BLUR$0.2284$0.2600
-12.18%
1 BLUR$0.4567$0.5201
-12.18%
5 BLUR$2.28$2.6
-12.18%
10 BLUR$4.57$5.2
-12.18%
50 BLUR$22.84$26
-12.18%
100 BLUR$45.67$52.01
-12.18%
500 BLUR$228.35$260.03
-12.18%
1000 BLUR$456.71$520.05
-12.18%

Blur price prediction

What will the price of BLUR be in 2025?

Based on BLUR's historical price performance prediction model, the price of BLUR is projected to reach $0.6306 in 2025.

What will the price of BLUR be in 2030?

In 2030, the BLUR price is expected to rise by -1.00%. By the end of 2030, the BLUR price is projected to reach $1.53, 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.