Convert Thai Baht to Nigerian Naira
Please provide values below to convert Thai Baht [THB] to Nigerian Naira [NGN], or Convert Nigerian Naira to Thai Baht.
How to Convert Thai Baht to Nigerian Naira
1 THB = 0.0210443189204123 NGN
Example: convert 15 THB to NGN:
15 THB = 15 × 0.0210443189204123 NGN = 0.315664783806185 NGN
Thai Baht to Nigerian Naira Conversion Table
| Thai Baht | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.