Convert Thai Baht to Malaysian Ringgit
Please provide values below to convert Thai Baht [THB] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Thai Baht.
How to Convert Thai Baht to Malaysian Ringgit
1 THB = 7.61275228056908 MYR
Example: convert 15 THB to MYR:
15 THB = 15 × 7.61275228056908 MYR = 114.191284208536 MYR
Thai Baht to Malaysian Ringgit Conversion Table
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.