Convert Thai Baht to Lebanese Pound
Please provide values below to convert Thai Baht [THB] to Lebanese Pound [LBP], or Convert Lebanese Pound to Thai Baht.
How to Convert Thai Baht to Lebanese Pound
1 THB = 0.000359917318435754 LBP
Example: convert 15 THB to LBP:
15 THB = 15 × 0.000359917318435754 LBP = 0.00539875977653631 LBP
Thai Baht to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.