1 THB to JPY - Convert Thai Baht to Japanese Yen

Looking at the 30-day window, the THB/JPY pair traded in a range of 4.7529 to 5.0442. The monthly average was 4.8952 with 1.83% volatility. The relatively low volatility indicates stable trading conditions for the THB/JPY currency pair.

The current mid-market exchange rate is 1 THB = 4.8861 JPY, updated as of June 4, 2026, 2:26 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Thai Baht to Japanese Yen Exchange Rate

THB/JPY is the reverse of JPY/THB, connecting Thailand with Japan through one of Asia's deepest bilateral economic relationships. Japan is Thailand's largest foreign investor with over 5,000 companies operating in the country. Toyota, Honda, Nissan, and Mitsubishi produce over 1.5 million vehicles annually in Thai factories. Bangkok's "Little Tokyo" on Sukhumvit houses 80,000+ Japanese residents. This industrial integration makes THB/JPY one of ASEAN's most commercially significant currency pairs.

Japan's ASEAN Factory Floor

Thailand is Japan's manufacturing hub for Southeast Asia and beyond. Over 5,000 Japanese companies operate Thai factories, offices, and service operations employing hundreds of thousands of Thai workers. The automotive sector alone produces 1.5+ million vehicles annually through Toyota, Honda, Isuzu, Nissan, Mitsubishi, and Suzuki plants. Canon, Nikon, Sony, Daikin, and countless Japanese manufacturers have Thai production bases. The Japanese community in Bangkok (Sukhumvit Soi 33-55 "Little Tokyo") is over 80,000 strong with Japanese schools, clinics, restaurants, and cultural infrastructure. The JTEPA agreement governs bilateral trade exceeding $60 billion annually. This massive industrial presence creates enormous THB/JPY conversion through investment, component trade, profit repatriation, and expatriate salary flows. The yen's recent weakness has been beneficial for Japanese manufacturers in Thailand since their baht-denominated costs translate to fewer yen, improving reported profitability. For the Japanese community maintaining yen obligations (mortgages, family support) while earning baht-adjusted compensation, the rate determines whether Bangkok posting is financially advantageous versus Tokyo alternatives.

What Drives the THB/JPY Rate

BOT and BOJ decisions, Japanese automotive production volumes, JTEPA trade, bilateral investment flows, oil prices (both import), and the enormous carry created by 5,000+ Japanese corporate operations are the main drivers.

What a Conversion Really Costs

In Thailand, SuperRich handles JPY at world-class 0.2-0.5%. Japanese banks in Bangkok (MUFG, SMBC, Mizuho) serve the business community competitively. Banks charge 0.5-2%. Online services charge 0.3-1.5%. In Japan, THB is available at major exchange offices. The deep bilateral corridor ensures excellent conversion infrastructure at all transaction sizes and channels.

How to Get the Best THB to JPY Rate

SuperRich for cash. Japanese banks in Bangkok for business. Compare the mid-market rate on this page. The 5,000-company bilateral corridor ensures tight spreads and multiple competitive providers for both personal and corporate conversion needs. The bilateral relationship between Japan and Thailand is one of the most deeply integrated in ASEAN, with three decades of continuous Japanese manufacturing investment creating an industrial ecosystem where Japanese and Thai workers, engineers, and managers interact daily across thousands of factory floors, offices, and service operations.