Convert Thai Baht to Romanian Leu
Please provide values below to convert Thai Baht [THB] to Romanian Leu [RON], or Convert Romanian Leu to Thai Baht.
How to Convert Thai Baht to Romanian Leu
1 THB = 7.43321949418497 RON
Example: convert 15 THB to RON:
15 THB = 15 × 7.43321949418497 RON = 111.498292412775 RON
Thai Baht to Romanian Leu Conversion Table
Thai Baht | Romanian Leu |
---|
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.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.