Convert Mexican Peso to Thai Baht
Please provide values below to convert Mexican Peso [MXN] to Thai Baht [THB], or Convert Thai Baht to Mexican Peso.
How to Convert Mexican Peso to Thai Baht
1 MXN = 0.578785940905112 THB
Example: convert 15 MXN to THB:
15 MXN = 15 × 0.578785940905112 THB = 8.68178911357668 THB
Mexican Peso to Thai Baht Conversion Table
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies 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.