Convert Bulgarian Lev to Thai Baht
Please provide values below to convert Bulgarian Lev [BGN] to Thai Baht [THB], or Convert Thai Baht to Bulgarian Lev.
How to Convert Bulgarian Lev to Thai Baht
1 BGN = 0.0517685626121456 THB
Example: convert 15 BGN to THB:
15 BGN = 15 × 0.0517685626121456 THB = 0.776528439182183 THB
Bulgarian Lev to Thai Baht Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.