Convert Saudi Riyal to Thai Baht
Please provide values below to convert Saudi Riyal [SAR] to Thai Baht [THB], or Convert Thai Baht to Saudi Riyal.
How to Convert Saudi Riyal to Thai Baht
1 SAR = 0.11641407399589 THB
Example: convert 15 SAR to THB:
15 SAR = 15 × 0.11641407399589 THB = 1.74621110993835 THB
Saudi Riyal to Thai Baht Conversion Table
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.