Convert Brazilian Real to Thai Baht
Please provide values below to convert Brazilian Real [BRL] to Thai Baht [THB], or Convert Thai Baht to Brazilian Real.
How to Convert Brazilian Real to Thai Baht
1 BRL = 0.172820573316032 THB
Example: convert 15 BRL to THB:
15 BRL = 15 × 0.172820573316032 THB = 2.59230859974047 THB
Brazilian Real to Thai Baht Conversion Table
Brazilian Real | Thai Baht |
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Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
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.