Compare today's THB to CNY (Thai Baht to Chinese Yuan) exchange rates
📈 Thailand to China Money Transfer Snapshot Today
- Best THB to CNY exchange rate today: CNY 0.2159, offered by Key Currency
- Number of money transfer providers compared: 4
- Exchange rate range: CNY 0.2143 to CNY 0.2159
- Potential savings on THB 1000: CNY 1.60
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real THB to CNY exchange rate before providers add their margin or fees. exchange rate: 1 THB = CNY 0.2182 (Updated about an hour ago)
See detailed Thailand to China money transfer comparison below.
Money Transfer Providers that matched the search criteria
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If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What today's THB-CNY exchange rates mean for you
Compare today's THB-CNY exchange rates and send money from Thailand to China after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 4 providers that you can rely on for Thailand to China money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Thailand to China Providers
🥇 Key Currency with 1 THB = 0.2159 CNY (best THB to CNY exchange rate today).
🥈 Cambridge Currencies offering 1 THB = 0.2156 CNY.
The exchange rate provided by these 4 providers ranges from CNY 0.2143 to CNY 0.2159. For a THB 1000 money transfer from Thailand to China, that could mean up to CNY 1.60 saved on FX alone.
THB-CNY exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final CNY payout that your recipient gets in China.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Thailand to China remittances.
🔄 Looking for the reverse corridor? Send money from China to Thailand instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Thailand.
👇 We also suggest looking beyond today's THB-CNY exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst THB-CNY exchange rate is crucial, historical data shows that transfer fees, THB amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Thailand to China historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your CNY payout.
Data-driven cost insights for Thailand to China money transfers
When you send money internationally from Thailand to China, the key factors that will influence the overall cost of your transaction are:
- THB-CNY exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum CNY payout for your overseas recipient in China.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Thailand to China, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Thailand to China money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 339 actual Thailand to China money transfers handled by 12 providers over the last 5 years (for a THB 7100 remittance benchmark).
This data-driven approach using real THB-CNY transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Thailand to China money transfers
- Average total cost: 12.45% (range 2.01% to 25.86%, spread 23.85 percentage points)
- Potential payout difference: On a THB 7100 transfer, the above variation can save you up to THB 1,693.35.
- Average FX markup: 2.16% (range 0.34% to 4.52%, spread 4.18 percentage points)
- Average transfer fee: THB 730.05 (range THB 16.05 to THB 1,650.00)
- Cheapest payment/delivery method combo: Credit Card → Bank Deposit (3.81% avg cost); most expensive is Cash → Bank Deposit (19.00%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 15.19% (THB 1,078.23 on THB 7100 transfer).
- Market coverage: ~12 providers on average (competition level: competitive)
- Average speed: About 38 hours (~1.6 days)
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Thailand to China money transfers.
📈 THB to CNY exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Thailand to China money transfers is usually the single biggest factor that will determine your overall THB cost and your recipient's CNY payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a THB 7100 money transfer benchmark, we see the following FX markup ranges for Thai Baht to China transfers:
- Average markup: 2.16%
- Median markup: 2.08%
- Lowest markup: 0.34%
- Highest markup: 4.52%
That is a spread of 4.18 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a THB 7100 transfer, the above markup range is equivalent to roughly CNY 296.78 purely from differences in the exchange rate. That incremental saving increases to CNY 744.04 for a THB 17800 transfer.
🛠️ How to use this insight: When comparing providers for Thailand to China remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
THB to CNY exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Thailand to China remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Thai Baht reaches your recipient in China.
Based on data from last 5 years, we notice the below about Thai Baht to China money transfer fees:
- Average fee: THB 730.05
- Median fee: THB 800.00
- Lowest fee: THB 16.05
- Highest fee: THB 1,650.00
The average fee amount of THB 730.05 noted above represents 10.28% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by THB 1,633.95.
🛠️ How to use this insight: For your next money transfer from Thailand to Chinese Yuan, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for THB-CNY remittances
Based on our detailed analysis of historical Thailand to China data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to China from Thailand:
- Credit Card: 4.33%
- Debit Card: 4.35%
- Bank Account Transfer: 12.22%
- Cash: 15.61%
That is a total spread of 11.28 percentage points.
This means that on a THB 7100 transfer, you could save up to THB 800.78 simply by choosing the best priced payment method.
These savings will only multiply for higher THB amounts.
Here is the average cost of popular delivery methods used to send money from Thailand to China:
- Cash Pickup: 6.11%
- Card / ATM: 6.81%
- Bank Deposit: 15.24%
The cost difference between the above delivery methods is 9.13 percentage points.
Once again, this means that you could save up to THB 648.40 on a THB 7100 transfer to China by choosing Cash Pickup versus Bank Deposit.
As you can imagine, the possible combinations of Thailand payment methods and China delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Thailand to CNY money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Credit Card | Bank Deposit | 3.81 |
| Debit Card | Bank Deposit | 3.84 |
| Bank Account Transfer | Cash Pickup | 4.10 |
| Credit Card | Cash Pickup | 4.71 |
| Debit Card | Cash Pickup | 4.72 |
| Credit Card | Card / ATM | 6.81 |
| Debit Card | Card / ATM | 6.81 |
| Cash | Cash Pickup | 7.54 |
| Bank Account Transfer | Bank Deposit | 14.16 |
| Cash | Bank Deposit | 19.00 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these THB-CNY payment and delivery options is significant. Here are some observations:
- Credit Card → Bank Deposit has the lowest average cost at 3.81%.
- Cash → Bank Deposit has the highest average cost at 19.00%.
- Credit Card → Bank Deposit average cost is 15.19 percentage points lower than that of Cash → Bank Deposit.
- This means that on a THB 7100 money transfer, you could save up to THB 1,349.04 simply by choosing the best payment and delivery method combo.
- Further, on a THB 17800 money transfer, the savings increase to THB 3,382.11.
Here is a quick summary of the average historical cost of various payment and delivery methods for THB to China money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Credit Card averaged 4.33%, compared to 15.61% for Cash, a difference of 11.28 percentage points.
- Cheapest delivery method: Cash Pickup averaged 6.11%, compared to 15.24% for Bank Deposit (9.13 percentage points higher).
- Cheapest combo: Credit Card → Bank Deposit averaged 3.81%, which is 15.19 percentage points lower than Cash → Bank Deposit (19.00%).
🛠️ How to use this insight: As you compare money transfer providers for your next Thailand to China international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Thailand to China remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for THB-CNY remittances?
When we compared Thailand banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
We observed that traditional banks charged 13.37 percentage points more on average than money transfer providers for Thailand to China remittances.
This means banks tend to be approximately 3.48x more expensive than money transfer companies.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | THB 1,195.81 | THB 208.99 | THB 986.82 |
| Exchange rate markup | 1.91% | 2.44% | -0.53 pp* |
| Average total cost (%) | 18.76% | 5.38% | 13.37 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Whilst banks in Thailand may offer convenience and familiarity, money transfer providers often deliver lower overall cost due to their better exchange rates and lower fees. Even if you want to send money overseas with your bank in Thailand, we recommend comparing with money transfer companies to find your best options.
📊 Does sending more money reduce the cost of THB-CNY money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending THB 7100 vs THB 17800 from Thailand to China.
We found that sending a higher amount (THB 17800) tends to be cheaper - average cost drops from 12.45% to 6.51%, a reduction of 5.93 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Thai Baht amounts to China, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Thailand to China remittance market?
Based on data from the last 5 years, THB-CNY money transfers are provided on an average by 12 remittance companies. With around 12 providers serving this market, we consider the level of competition to be competitive.
Traditional banks have represented 58.3% of active providers in this corridor (7 out of 12), suggesting a bank-heavy market structure.
Banks and money transfer providers have had a fairly balanced presence in this corridor: banks account for 58.3% of providers (7 out of 12).
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Thailand to China remittances.
⏱️ How fast are THB-CNY money transfers?
If your recipient in China needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Thailand to China transfers when it comes to processing time:
- Average transfer time: About 38 hours (~1.6 days).
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at THB 7100: About 38 hours (~1.6 days).
- Average speed at THB 17800: About 38 hours (~1.6 days).
Banks vs money transfer providers speed comparison: Banks take 35 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Thailand to China in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for China.
Thailand to China transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Thailand to China money transfers
These FAQs use data from RemitFinder's historical analysis of Thailand to China money transfers over several years.
What factors affect the total cost of sending money from Thailand to China?
The total cost of your THB-CNY money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Thailand to China transfers?
Historical THB to CNY exchange rate markup ranges from 0.34% to 4.52%, a spread of 4.18 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Is the exchange rate or the transfer fee more important for Thailand to China transfers?
Exchange rate markup ranges from 0.34% to 4.52% (a spread of 4.18 percentage points).
Transfer fees range from THB 16.05 to THB 1650.00, which equals roughly 23.01% on a THB 7100.00 transfer.
At both THB 7100.00 and THB 17800.00, the transfer fee shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Thailand to China transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger THB amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most CNY for your THB.
How much can Thailand to China transfer costs vary between providers?
Historical transfer cost ranges from 2.01% to 25.86% for THB transfers to China. That is a spread of 23.85 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from 0.34% to 4.52% (a spread of 4.18 percentage points). Thus, even small differences in FX margin can have a big impact on the final CNY payout.
Why do various money transfer providers price THB to China transfers differently?
If you send the same Thai Baht amount to China via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final CNY payout in China in a big way.
How stable are transfer costs in the Thailand to China corridor?
When we analyzed the historical total cost for THB-CNY transfers, we observed a range from 2.01% to 25.86% (23.85 percentage points difference), along with a variability (standard deviation) of 7.25%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from 0.34% to 4.52% (4.18 percentage points difference), with a standard deviation of 0.80%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your THB-CNY transfers.
Which payment method is cheapest for Thailand to China remittances?
Credit Card is the cheapest payment method in Thailand based on its average cost at 4.33% (compared to Cash at 15.61%, a difference of 11.28 percentage points).
Based on this, we recommend paying for your THB transfer with Credit Card, and avoiding Cash if possible.
Is Debit Card cheaper than Credit Card for Thailand to China transfers?
Credit Card is cheaper on average when sending money to China from Thailand since it costs 4.35% (compared to 4.33% for Credit Card payments, a difference of 0.02 percentage points).
As a result, we recommend that you avoid paying for your transfer to China with a Credit Card.
Which delivery method is cheapest for THB-CNY money transfers?
Cash Pickup is the cheapest delivery method in China as it costs 6.11% (compared to Bank Deposit at 15.24%, a spread of 9.13 percentage points).
If your recipient in China can accept Cash Pickup, we recommend choosing it as your preferred delivery option for THB-CNY transfers.
Is Bank Deposit cheaper than Cash Pickup for Thailand to China transfers?
Cash Pickup is cheaper for transfers to China given its 15.24% average cost (versus 6.11% for Cash Pickup, a difference of 9.13 percentage points).
To save more, consider choosing the cheapest delivery option for China.
What is the cheapest way to send money from Thailand to China?
We evaluated 10 payment and delivery method combinations for Thailand to China remittances.
Based on historical data, Credit Card → Bank Deposit is the cheapest combination with 3.81% cost.
At the other end of the spectrum, Cash → Bank Deposit is the most expensive combination at 19.00% cost. That is a difference of 15.19 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Thailand to China remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your THB-CNY transfers.
Does sending more money reduce the cost for Thailand to China transfers?
Larger THB-CNY transfers are cheaper on average.
The cost of a THB 7100 transfer averages 12.45% as compared to 6.51% for a THB 17800 transfer, a difference of 5.93 percentage points.
How long does it take to send money from Thailand to China?
Based on our analysis, the average transfer time for THB-CNY transfers is 38 hours (~1.6 days), with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Are instant transfers available from Thailand to China?
Yes, historical data shows that some transfers to China from Thailand can complete in less than one hour.
Note that the actual speed of your THB-CNY transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Thailand to China?
Banks in Thailand are more expensive than money transfer providers.
The average cost of banks is 18.76% compared to 5.38% for money transfer providers in Thailand, a difference of 13.37 percentage points.
Why do banks charge more for Thailand to China transfers?
Bank transfers in Thailand cost 18.76% compared to 5.38% for money transfer companies.
The difference is often due to the fact that banks in Thailand provider lower exchange rates and charge high wire transfer fees.
How competitive is the Thailand to China remittance market?
Based on historical data, the competition level in Thailand to China is considered competitive with 12 active providers.
Money transfer providers represent about 41.7% of identified providers in Thailand.
Do I risk overpaying if I do not compare providers for Thailand to China?
Historically, total THB-CNY transfer cost has varied by 23.85 percentage points. On a THB 7100 transfer, that can translate to THB 1693.35 in savings.
THB-CNY exchange rate markup also varies across providers. The average markup spread has been about 4.18 percentage points. On a THB 7100 transfer, that could be THB 296.78 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about THB 1633.95 across providers.
That is why comparing providers can materially change how much of the THB you send does your recipient receive in China in China.
Latest THB to CNY Conversion Rates
Here are some latest THB to CNY (Thai Baht to Chinese Yuan) exchange rates for popular conversion amounts*.
| 1 THB | 0.22 CNY |
| 5 THB | 1.09 CNY |
| 10 THB | 2.18 CNY |
| 25 THB | 5.46 CNY |
| 50 THB | 10.91 CNY |
| 100 THB | 21.82 CNY |
| 150 THB | 32.73 CNY |
| 200 THB | 43.64 CNY |
| 250 THB | 54.55 CNY |
| 300 THB | 65.46 CNY |
| 400 THB | 87.28 CNY |
| 500 THB | 109.10 CNY |
| 600 THB | 130.92 CNY |
| 700 THB | 152.74 CNY |
| 800 THB | 174.56 CNY |
| 1000 THB | 218.20 CNY |
| 1500 THB | 327.30 CNY |
| 2000 THB | 436.40 CNY |
| 2500 THB | 545.50 CNY |
| 3000 THB | 654.60 CNY |
| 4000 THB | 872.80 CNY |
| 5000 THB | 1,091.00 CNY |
| 10000 THB | 2,182.00 CNY |
| 15000 THB | 3,273.00 CNY |
| 20000 THB | 4,364.00 CNY |
| 30000 THB | 6,546.00 CNY |
| 40000 THB | 8,728.00 CNY |
| 50000 THB | 10,910.00 CNY |
| 100000 THB | 21,820.00 CNY |
*Based on the Mid-market Exchange Rate
1 Based on 339 pricing observations across 12 firms over the last 5 years for a THB 7100 money transfer from Thailand to China. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Thailand to China remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.