Convert Thai Baht to Swiss Franc
Please provide values below to convert Thai Baht [THB] to Swiss Franc [CHF], or Convert Swiss Franc to Thai Baht.
How to Convert Thai Baht to Swiss Franc
1 THB = 40.5240910806391 CHF
Example: convert 15 THB to CHF:
15 THB = 15 × 40.5240910806391 CHF = 607.861366209586 CHF
Thai Baht to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.