Convert Thai Baht to Namibian Dollar
Please provide values below to convert Thai Baht [THB] to Namibian Dollar [NAD], or Convert Namibian Dollar to Thai Baht.
How to Convert Thai Baht to Namibian Dollar
1 THB = 1.83373086578583 NAD
Example: convert 15 THB to NAD:
15 THB = 15 × 1.83373086578583 NAD = 27.5059629867875 NAD
Thai Baht to Namibian Dollar Conversion Table
| Thai Baht | Namibian Dollar |
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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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.