Chulalongkorn University Theses and Dissertations (Chula ETD)

Other Title (Parallel Title in Other Language of ETD)

ปัจจัยที่กระทบต่ออัตราแลกเปลี่ยน กรณีศึกษา อัตราแลกเปลี่ยนระหว่างไทยบาทต่อดอลลาร์สหรัฐ

Year (A.D.)


Document Type

Independent Study

First Advisor

Nualnoi Treerat


Faculty of Economics (คณะเศรษฐศาสตร์)

Degree Name

Master of Arts

Degree Level

Master's Degree

Degree Discipline

Business and Managerial Economics




Thailand relies on the openness economy, in which accounted for rather than two-thirds of GDP. Also, the bilateral exchange rate quoting the most is the Thai baht against the U.S. dollar. Thence, this study examines the determinants impacting on it in order to foresee the direction of Thai baht against U.S. dollar. The scope of this study is from January 2001 through December 2019 and tested by the OLS approach. The empirical result for this study shows that the domestic interest rate, foreign interest rate and exports impact and are significant at 1% to this bilateral exchange rate. Meanwhile, the relative price levels do not impact on this quotation.

Included in

Economics Commons



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