Convert New Taiwan Dollar to Thai Baht
Please provide values below to convert New Taiwan Dollar [TWD] to Thai Baht [THB], or Convert Thai Baht to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Thai Baht
1 TWD = 0.911599808770481 THB
Example: convert 15 TWD to THB:
15 TWD = 15 × 0.911599808770481 THB = 13.6739971315572 THB
New Taiwan Dollar to Thai Baht Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.