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).
Value Over Time
Year-by-Year Historical Data
| 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:
| 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
| 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.