Convert Chinese Yuan to Thai Baht
Please provide values below to convert Chinese Yuan [CNY] to Thai Baht [THB], or Convert Thai Baht to Chinese Yuan.
How to Convert Chinese Yuan to Thai Baht
1 CNY = 0.222704780117097 THB
Example: convert 15 CNY to THB:
15 CNY = 15 × 0.222704780117097 THB = 3.34057170175646 THB
Chinese Yuan to Thai Baht Conversion Table
| Chinese Yuan | Thai Baht |
|---|
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).
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.