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Gaimin to Thai Baht Converter and calculator

Convert 1Gaimin (GMRX) to Thai Baht (THB) equals ฿ 0.08163 | 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 Gaimin(GMRX) to Thai Baht(THB). This is the real-time data. The current conversion shows 1 GMRX at a value of 1 GMRX for 0.08 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 Gaimin currency pair is the GMRX to THB, with for Gaimin's currency code being GMRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for THB.

GMRX to THB conversion rate trend

1D7D1M3M1YAll
In the past 1D, Gaimin has changed -4.87% to THB. Based on the trend and price charts, Gaimin(GMRX) has changed -4.87% to THB while Thai Baht(THB) has changed % to GMRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
฿0.08053
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
฿0.08171
0.1000% / 0.1000%
Yes
Bybit
฿0.08119
0.1000% / 0.1000%
Yes
KuCoin
฿0.08134
0.1000% / 0.1000%
Yes
Last updated 2024/06/25 03:00:20(UTC+0)

How to buy Gaimin

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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 Gaimin (GMRX)
Use a variety of payment options to buy Gaimin on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of GMRX with THB. However, you can buy USDT in Bitget P2P trading first, and then buy GMRX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
T
THB - Flash SaleUltra-MerchantGolden merchantVerified Merchant
205 tradesCompletion rate 99.00%
33.09 THB
Amount91.88 USDT
Limit800 - 1600 THB
Bank Transfer
Buy
T
THB FlashSales PlusGolden merchantVerified Merchant
254 tradesCompletion rate 98.00%
35.9 THB
Amount500 USDT
Limit3590 - 10770 THB
Bank Transfer
Buy
n
nanodriftGolden merchantVerified Merchant
577 tradesCompletion rate 99.00%
37.79 THB
Amount623.7 USDT
Limit100 - 23500 THB
Bank Transfer
Buy
L
LadyNanoGolden merchantVerified Merchant
836 tradesCompletion rate 99.00%
37.79 THB
Amount855.29 USDT
Limit100 - 31783 THB
Bank Transfer
Buy
G
GorSerzhVerified Merchant
196 tradesCompletion rate 90.00%
37.79 THB
Amount2652.15 USDT
Limit5 - 99838.38 THB
Bank Transfer
Buy

Sell GMRX (or USDT) for THB (Thai Baht) offers

Bitget P2P trading currently does not support direct selling of GMRX to THB. However, you can first exchange GMRX for USDT in the Bitget spot market, and then sell USDT to THB in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
L
LadyNanoGolden merchantVerified Merchant
836 tradesCompletion rate 99.00%
36.41 THB
Amount175.9 USDT
Limit100 - 6404 THB
Bank Transfer
Sell
n
nanodriftGolden merchantVerified Merchant
577 tradesCompletion rate 99.00%
36.41 THB
Amount485 USDT
Limit100 - 17400 THB
Bank Transfer
Sell
B
Bank”Golden merchantVerified Merchant
487 tradesCompletion rate 99.00%
36.41 THB
Amount31110.4 USDT
Limit100 - 200000 THB
Bank Transfer
Sell
S
SiwaVerified Merchant
58 tradesCompletion rate 97.00%
36.4 THB
Amount1303.85 USDT
Limit500 - 10000 THB
Bank Transfer
Sell
T
Tumpbut coin Verified Merchant
6 tradesCompletion rate 50.00%
36.4 THB
Amount1000 USDT
Limit5 - 36400 THB
Bank Transfer
Sell

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

Gaimin to Thai Baht is falling this week.
Gaimin's current market price is ฿ 0.08163 per GMRX, with a total market cap of ฿ 541,558,598.42 THB based on a circulating supply of 6,634,129,400 GMRX. The trading volume of Gaimin has changed by +178.78% (฿ 16,840,455.67 THB) in the last 24 hours. Last trading day, GMRX's trading volume was ฿ 9,419,595.06.
Market cap
$14.79M
24h volume
$717.36K
Circulating supply
6.63B GMRX

Conversion tables

The exchange rate of Gaimin is decreasing.
1 GMRX is currently valued at ฿ 0.08163 THB , which means buying 5 GMRX will cost ฿ 0.4082 THB . Similarly, ฿1 THB can be traded for 12.25 GMRX, and ฿50 THB can be converted to 612.5 GMRX, excluding any platform or gas fees.
The exchange rate of 1 GMRX to Thai Baht has changed by -16.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.87%, reaching a high of 0.08314 THB and a low of 0.07870 THB . One month ago, the value of 1 GMRX was ฿ 0.1800 THB , which represents a -55.57% change from its current value. Over the last year, Gaimin has changed by
+฿
0.07864THB
, resulting in a change of --% in its value.

GMRX to THB

Amount
05:46 am today
0.5 GMRX
฿0.04082
1 GMRX
฿0.08163
5 GMRX
฿0.4082
10 GMRX
฿0.8163
50 GMRX
฿4.08
100 GMRX
฿8.16
500 GMRX
฿40.82
1000 GMRX
฿81.63

THB to GMRX

Amount05:46 am today
0.5THB6.13  GMRX
1THB12.25  GMRX
5THB61.25  GMRX
10THB122.5  GMRX
50THB612.5  GMRX
100THB1,225.01  GMRX
500THB6,125.03  GMRX
1000THB12,250.07  GMRX
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Today vs. 24 hours ago

Amount05:46 am today24 hours ago24h change
0.5 GMRX$0.001115$0.001170
-4.87%
1 GMRX$0.002230$0.002340
-4.87%
5 GMRX$0.01115$0.01170
-4.87%
10 GMRX$0.02230$0.02340
-4.87%
50 GMRX$0.1115$0.1170
-4.87%
100 GMRX$0.2230$0.2340
-4.87%
500 GMRX$1.11$1.17
-4.87%
1000 GMRX$2.23$2.34
-4.87%

Today vs. 1 month ago

Amount05:46 am today1 month ago1M change
0.5 GMRX$0.001115$0.002459
-55.57%
1 GMRX$0.002230$0.004918
-55.57%
5 GMRX$0.01115$0.02459
-55.57%
10 GMRX$0.02230$0.04918
-55.57%
50 GMRX$0.1115$0.2459
-55.57%
100 GMRX$0.2230$0.4918
-55.57%
500 GMRX$1.11$2.46
-55.57%
1000 GMRX$2.23$4.92
-55.57%
Buy Gaimin for 1 THB
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Today vs. 1 year ago

Amount05:46 am today1 year ago1Y change
0.5 GMRX$0.001115$0.{4}4087
--
1 GMRX$0.002230$0.{4}8175
--
5 GMRX$0.01115$0.0004087
--
10 GMRX$0.02230$0.0008175
--
50 GMRX$0.1115$0.004087
--
100 GMRX$0.2230$0.008175
--
500 GMRX$1.11$0.04087
--
1000 GMRX$2.23$0.08175
--

Gaimin price prediction

What will the price of GMRX be in 2025?

Based on GMRX's historical price performance prediction model, the price of GMRX is projected to reach -- in 2025.

What will the price of GMRX be in 2030?

In 2030, the GMRX price is expected to rise by -3.00%. By the end of 2030, the GMRX price is projected to reach --, with a cumulative ROI of 0.00%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Gaimin and THB.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gaimin and THB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Gaimin in THB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.