Convert Thai Baht to Ethiopian Birr
Please provide values below to convert Thai Baht [THB] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Thai Baht.
How to Convert Thai Baht to Ethiopian Birr
1 THB = 0.2357527818193 ETB
Example: convert 15 THB to ETB:
15 THB = 15 × 0.2357527818193 ETB = 3.53629172728949 ETB
Thai Baht to Ethiopian Birr Conversion Table
| Thai Baht | Ethiopian Birr |
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Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.