Convert Thai Baht to Armenian Dram
Please provide values below to convert Thai Baht [THB] to Armenian Dram [AMD], or Convert Armenian Dram to Thai Baht.
How to Convert Thai Baht to Armenian Dram
1 THB = 0.0838754026137018 AMD
Example: convert 15 THB to AMD:
15 THB = 15 × 0.0838754026137018 AMD = 1.25813103920553 AMD
Thai Baht to Armenian Dram Conversion Table
| Thai Baht | Armenian Dram |
|---|
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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.