Convert British Pound Sterling to Thai Baht
Please provide values below to convert British Pound Sterling [GBP] to Thai Baht [THB], or Convert Thai Baht to British Pound Sterling.
How to Convert British Pound Sterling to Thai Baht
1 GBP = 0.0229785860191354 THB
Example: convert 15 GBP to THB:
15 GBP = 15 × 0.0229785860191354 THB = 0.34467879028703 THB
British Pound Sterling to Thai Baht Conversion Table
| British Pound Sterling | Thai Baht |
|---|
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.