Convert Australian Dollar to Thai Baht
Please provide values below to convert Australian Dollar [AUD] to Thai Baht [THB], or Convert Thai Baht to Australian Dollar.
How to Convert Australian Dollar to Thai Baht
1 AUD = 0.0474721071878706 THB
Example: convert 15 AUD to THB:
15 AUD = 15 × 0.0474721071878706 THB = 0.712081607818059 THB
Australian Dollar to Thai Baht Conversion Table
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.