Convert Singapore Dollar to Thai Baht
Please provide values below to convert Singapore Dollar [SGD] to Thai Baht [THB], or Convert Thai Baht to Singapore Dollar.
How to Convert Singapore Dollar to Thai Baht
1 SGD = 0.0397266907980107 THB
Example: convert 15 SGD to THB:
15 SGD = 15 × 0.0397266907980107 THB = 0.595900361970161 THB
Singapore Dollar to Thai Baht Conversion Table
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.