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THB Value Calculator: Thailand

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According to World Bank CPI data (FP.CPI.TOTL), ฿1,000 in Thailand in 1960 had the same purchasing power as ฿12,045.47 in 2024 — a cumulative inflation of 1,104.6% (3.97%/year average).

฿1,000 in 1960
is equivalent to in 2024
฿12,045.47
📉 Purchasing Power Lost: -91.7%
Period
1960 → 2024
(64 years)
Total Inflation
+1,104.6%
Annual Rate
3.97%
average per year

Value Over Time

Year-by-Year Historical Data

Year-by-year CPI and inflation-adjusted value for 1,000 THB in Thailand, 1960–2024
Year CPI Equivalent Value Annual Change
1960 10.21 ฿1,000.00 -
1961 10.97 ฿1,073.87 +7.4%
1962 11.37 ฿1,113.56 +3.7%
1963 11.37 ฿1,113.56 -
1964 11.28 ฿1,104.74 -0.8%
1965 11.30 ฿1,106.58 +0.2%
1966 11.76 ฿1,151.23 +4.0%
1967 12.26 ฿1,200.85 +4.3%
1968 12.48 ฿1,222.34 +1.8%
1969 12.79 ฿1,252.30 +2.5%
1970 12.78 ฿1,251.19 -0.1%
1971 12.84 ฿1,257.26 +0.5%
1972 13.46 ฿1,318.08 +4.8%
1973 15.55 ฿1,522.51 +15.5%
1974 19.33 ฿1,892.69 +24.3%
1975 20.36 ฿1,993.57 +5.3%
1976 21.20 ฿2,076.29 +4.1%
1977 22.81 ฿2,234.11 +7.6%
1978 24.62 ฿2,411.15 +7.9%
1979 27.06 ฿2,649.78 +9.9%
1980 32.39 ฿3,171.89 +19.7%
1981 36.49 ฿3,573.54 +12.7%
1982 38.41 ฿3,761.48 +5.3%
1983 39.84 ฿3,901.65 +3.7%
1984 40.19 ฿3,935.39 +0.9%
1985 41.16 ฿4,031.09 +2.4%
1986 41.92 ฿4,105.33 +1.8%
1987 42.95 ฿4,206.59 +2.5%
1988 44.61 ฿4,369.08 +3.9%
1989 47.00 ฿4,603.06 +5.4%
1990 49.76 ฿4,872.99 +5.9%
1991 52.60 ฿5,151.23 +5.7%
1992 54.78 ฿5,364.44 +4.1%
1993 56.59 ฿5,542.12 +3.3%
1994 59.45 ฿5,821.88 +5.0%
1995 62.91 ฿6,160.60 +5.8%
1996 66.56 ฿6,518.23 +5.8%
1997 70.30 ฿6,884.94 +5.6%
1998 75.92 ฿7,435.37 +8.0%
1999 76.14 ฿7,456.54 +0.3%
2000 77.35 ฿7,575.24 +1.6%
2001 78.61 ฿7,698.49 +1.6%
2002 79.16 ฿7,752.17 +0.7%
2003 80.59 ฿7,892.04 +1.8%
2004 82.81 ฿8,109.80 +2.8%
2005 86.57 ฿8,478.01 +4.5%
2006 90.59 ฿8,871.18 +4.6%
2007 92.62 ฿9,070.03 +2.2%
2008 97.68 ฿9,566.02 +5.5%
2009 96.85 ฿9,485.12 -0.8%
2010 100.00 ฿9,793.16 +3.2%
2011 103.81 ฿10,166.16 +3.8%
2012 106.94 ฿10,472.66 +3.0%
2013 109.28 ฿10,701.47 +2.2%
2014 111.35 ฿10,904.28 +1.9%
2015 110.34 ฿10,806.10 -0.9%
2016 110.55 ฿10,826.43 +0.2%
2017 111.29 ฿10,898.49 +0.7%
2018 112.47 ฿11,014.44 +1.1%
2019 113.27 ฿11,092.28 +0.7%
2020 112.31 ฿10,998.45 -0.8%
2021 113.69 ฿11,133.78 +1.2%
2022 111.86 ฿10,954.45 -1.6%
2023 121.34 ฿11,883.17 +8.5%
2024 123.00 ฿12,045.47 +1.4%

Quick Reference Values

What 1960 amounts are worth in 2024 in Thailand:

Quick Reference Values
1960 2024
฿1 ฿12.05
฿10 ฿120.45
฿100 ฿1,204.55
฿1,000 ฿12,045.47
฿10,000 ฿120,454.70

Inflation by Decade in Thailand

Inflation by Decade in Thailand
Decade Cumulative Inflation Annual Rate
1960–1969 +25.2% 2.53%
1970–1979 +111.8% 8.69%
1980–1989 +45.1% 4.22%
1990–1999 +53.0% 4.84%
2000–2009 +25.2% 2.53%
2010–2019 +13.3% 1.39%
2020–2024 +9.5% 2.30%

The steepest single-year rise in this period was 24.3% in 1974; the calmest was -1.6% in 2022.

This equals a compound annual rate of 3.97% — about 17.6 years to double prices at that pace.

  • In 1960, ฿1,000 in Thailand had the same buying power as ฿12,045.47 in 2024.
  • In 1970, ฿1,000 in Thailand had the same buying power as ฿9,627.18 in 2024.
  • In 1980, ฿1,000 in Thailand had the same buying power as ฿3,797.57 in 2024.
  • In 1990, ฿1,000 in Thailand had the same buying power as ฿2,471.89 in 2024.
  • In 2000, ฿1,000 in Thailand had the same buying power as ฿1,590.11 in 2024.
  • In 2010, ฿1,000 in Thailand had the same buying power as ฿1,229.99 in 2024.
  • In 2020, ฿1,000 in Thailand had the same buying power as ฿1,095.20 in 2024.

Frequently Asked Questions

How much is 1,000 THB from 1960 worth in 2024?

฿1,000 from 1960 is worth about ฿12,045.47 in 2024 in Thailand, after 1104.55% cumulative inflation.

What was the average annual inflation rate in Thailand between 1960 and 2024?

The average annual (compound) inflation rate was 3.97% over 64 years.

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