Convert Thai Baht to Mexican Peso
Please provide values below to convert Thai Baht [THB] to Mexican Peso [MXN], or Convert Mexican Peso to Thai Baht.
How to Convert Thai Baht to Mexican Peso
1 THB = 1.72775447592281 MXN
Example: convert 15 THB to MXN:
15 THB = 15 × 1.72775447592281 MXN = 25.9163171388421 MXN
Thai Baht to Mexican 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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.