Convert Thai Baht to New Taiwan Dollar
Please provide values below to convert Thai Baht [THB] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Thai Baht.
How to Convert Thai Baht to New Taiwan Dollar
1 THB = 1.0969725864124 TWD
Example: convert 15 THB to TWD:
15 THB = 15 × 1.0969725864124 TWD = 16.4545887961859 TWD
Thai Baht to New Taiwan Dollar Conversion Table
| Thai Baht | New Taiwan Dollar |
|---|
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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.