Kasikorn Bank exchange rates: What you need to know

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CurrencyFees » Fee Guides » Kasikorn Bank exchange rates: What you need to know

Kasikorn Bank offers a convenient way to buy a multitude of different currencies. However, foreign exchange rates represent a major pricing point and there is often little clarity around them. We researched Kasikorn Bank’s travel money exchange rates to provide you a table showcasing their currency rate spread. Hopefully we can help you save money on your holidays.

Kasikorn Bank exchange rates: Information and tips

Know the latest interbank exchange rate for your currency pairs

The interbank rate (also called mid-market rate) is the midpoint between the buy price and sell price of two currencies on the currency markets. Kasikorn Bank does not offer the interbank rate but instead adds a margin to it, which makes the foreign currency transaction more expensive for you. Before using Kasikorn Bank for your travel money needs, make sure to know the current interbank exchange rate. That way, you’ll be able to calculate FX losses on the currency conversion. You can find the latest interbank rates using our currency converter.

How to calculate exchange rate loss

Here’s what you need to do in order to determine how much Kasikorn Bank’s travel money exchange rate spread is going to cost you:

  1. Find the current interbank rate for your currencies using our currency converter
  2. Multiply your original amount by the current interbank rate
  3. Multiply your original amount by the exchange rate Kasikorn Bank offers
  4. Subtract the first amount from the second amount
  5. This is the amount you’ll lose through currency conversion with Kasikorn Bank

Order your currency online and in advance

Ordering your foreign currency before your trip allows you to compare with rates and fees of other providers. Ordering it online also is usually much cheaper than buying currency at the airport or on arrival to your holiday destination. Make sure to always compare exchange rates before finalising an order.

 

For the best exchange rates, we highly recommend TransferWise. Enjoy your first transfer for free on transfers up to £500.
 

Kasikorn Bank exchange rate research

The exchange rate spreads below are for ordering foreign currency online. Rates on other services might differ. Those exchange rate margins are indicative at the time of research. Use the Kasikorn Bank currency converter or visit the nearest branch to get the latest rates.

Currency ISO Code Exchange Rate Mid-Market Rate Exchange Rate Margin / Loss
Euro EUR 36.6788 37.48915 2.16%
Pound Sterling GBP 42.1125 42.89496 1.82%
United States Dollar USD 31.73 33.06476 4.04%
Australian Dollar AUD 23.1478 23.89858 3.14%
UAE Dirham AED 7.5406 9.00334 16.25%
Bahrain Dinar BHD 62.5053 87.9382 28.92%
Brunei Dollar BND 23.2293 23.97697 3.12%
Canadian Dollar CAD 24.419 25.04155 2.49%
Swiss Franc CHF 32.0485 32.89384 2.57%
Chinese Yuan Renminbi CNY 4.3092 4.75361 9.35%
Danish Krone DKK 4.7737 5.0304 5.10%
Hong Kong Dollar HKD 4.0881 4.22237 3.18%
Indonesian Rupiah IDR 0.0019 0.00225 15.56%
Indian Rupee INR 0.37 0.45596 18.00%
Japanese Yen JPY 0.2842 0.29057 2.19%
South Korean Won KRW 0.0276 0.02927 5.71%
Malaysian Ringgit MYR 7.2961 7.90994 7.76%
Norwegian Krone NOK 3.7179 3.92121 5.18%
New Zealand Dollar NZD 21.8487 22.28671 1.97%
Philippine Weight PHP 0.4065 0.62339 34.79%
Russian Ruble RUB 0.3362 0.48607 30.83%
Saudi Rialal SAR 7.0948 8.81727 19.54%
Swedish krona SEK 3.4796 3.63845 4.37%
Singapore Dollar SGD 23.5243 23.97697 1.89%
New Taiwan Dollar TWD 0.8777 1.07277 18.18%
Vietnamese Dong VND 0.0011 0.00142 22.54%
South African Rand ZAR 1.5431 2.29997 32.91%

How we collect our data & advertiser disclosure

Kasikorn Bank’s exchange rate was collected from Kasikorn Bank’s website on 11/11/2018. Interbank rates collected from x-rates.com on 11/11/2018. The information displayed on this site is subject to change at any time and we do not guarantee 100% accuracy of the information.
For the today’s rates, visit Kasikorn Bank’s website, contact Kasikorn Bank’s customer support or log into your online banking and search for their exchange rate calculator. Currencyfees.com is not liable for any financial decisions based on the above information. Currencyfees.com is supported by referral compensations by some of the companies listed in our articles.

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