Euro to Thailand Baht — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Thailand

Currency Code, Symbol: THB, ฿

Denominations of coins in circulation: ฿1, ฿2, ฿5, ฿10

Denominations of banknotes in circulation: ฿20, ฿50, ฿100, ฿500, ฿1000

History: The Thai baht (sign: ฿, code: THB, number:764) is the official currency spread and issued in Thailand. It is not used for payment outside this Asian country. The THB abbreviation is widely known in the international arena.1 Thai baht corresponds to 100 coins called satang. There are coins worth 25 and 50 satang used as of today. The Thai baht started to spread as an official currency unit in 1928. The Siamese tical was used as a currency beforehand. Initially, baht was pretty common in Asia. People were using it not only for money, but as a unit of weight as well. Baht was common in Burma, Laos and Cambodia.Read More