Convert Thai Baht to Dominican Peso
Please provide values below to convert Thai Baht [THB] to Dominican Peso [DOP], or Convert Dominican Peso to Thai Baht.
How to Convert Thai Baht to Dominican Peso
1 THB = 0.533754204569933 DOP
Example: convert 15 THB to DOP:
15 THB = 15 × 0.533754204569933 DOP = 8.00631306854899 DOP
Thai Baht to Dominican Peso Conversion Table
Thai Baht | Dominican Peso |
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.