Convert Thai Baht to Argentine Peso
Please provide values below to convert Thai Baht [THB] to Argentine Peso [ARS], or Convert Argentine Peso to Thai Baht.
How to Convert Thai Baht to Argentine Peso
1 THB = 0.0254409755404093 ARS
Example: convert 15 THB to ARS:
15 THB = 15 × 0.0254409755404093 ARS = 0.381614633106139 ARS
Thai Baht to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.