Convert Bitcoin to Thai Baht
Please provide values below to convert Bitcoin [BTC] to Thai Baht [THB], or Convert Thai Baht to Bitcoin.
How to Convert Bitcoin to Thai Baht
1 BTC = 2.62316889993235e-07 THB
Example: convert 15 BTC to THB:
15 BTC = 15 × 2.62316889993235e-07 THB = 3.93475334989853e-06 THB
Bitcoin to Thai Baht Conversion Table
| Bitcoin | Thai Baht |
|---|
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
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.