THB 5 = RON 0.7064
Convert1 THB = 0.14128 RON | 1 RON = 7.07814 THB
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
THB to RON Exchange Rate Chart
1 THB = 0.14128 RON
The exchange value of 5 THB in Romanian Leu is 0.706 RON as on Feb 14.
You can check the exchange rate of 5 Thai Baht to Romanian Leu by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 5 THB to RON online is as follows:.
There are several online ways to convert THB to RON.
Most banks in India allow THB to RON conversion through their internet banking or mobile apps.
Pros:
Cons:
Apps like Wise, PayPal, and Western Union allow THB to RON conversion quickly.
Pros:
Cons:
A Forex card is a prepaid card that holds multiple currencies, including THB.
Pros:
Cons:
Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
Pros:
Cons:
There are several offline methods to exchange THB to RON. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your THB cash and exchange it for RON.
Pros:
Cons:
Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline THB to RON conversion.
Pros:
Cons:
Airports have forex counters where travelers can exchange THB to RON.
Pros:
Cons:
Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange THB to RON at a Hotel or Travel Agency:
Pros:
Cons:
In busy markets and tourist spots, you may find local money changers who exchange THB for RON
Pros:
Cons:
Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
---|---|---|---|---|
Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Thai Baht (THB) to Romanian Leu (RON) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
THB is a strong and widely traded currency. If the exchange rate is favorable, converting THB to RON can give you more value for your money.
Since 1 THB equals a significantly higher amount in RON, converting THB to RON increases your purchasing power, allowing you to afford more goods and services in Romania.
If you‘re an NRI, tourist, or returning from the Thailand, converting THB to RON ensures you have local currency for daily expenses, shopping, and travel within Romania.
Converting THB to RON can help you invest in Romania assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Thailand markets.
Using a direct THB to RON conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting THB to RON at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of THB to RON exchange.
Source of the rates:apilayer.com