Convert Indonesian Rupiah to Thai Baht
Please provide values below to convert Indonesian Rupiah [IDR] to Thai Baht [THB], or Convert Thai Baht to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Thai Baht
1 IDR = 505.638700384322 THB
Example: convert 15 IDR to THB:
15 IDR = 15 × 505.638700384322 THB = 7584.58050576482 THB
Indonesian Rupiah to Thai Baht Conversion Table
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.