Convert Thai Baht to Philippine Peso
Please provide values below to convert Thai Baht [THB] to Philippine Peso [PHP], or Convert Philippine Peso to Thai Baht.
How to Convert Thai Baht to Philippine Peso
1 THB = 0.565705986586422 PHP
Example: convert 15 THB to PHP:
15 THB = 15 × 0.565705986586422 PHP = 8.48558979879633 PHP
Thai Baht to Philippine 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.