Convert Nigerian Naira to Thai Baht
Please provide values below to convert Nigerian Naira [NGN] to Thai Baht [THB], or Convert Thai Baht to Nigerian Naira.
How to Convert Nigerian Naira to Thai Baht
1 NGN = 47.5187628443528 THB
Example: convert 15 NGN to THB:
15 NGN = 15 × 47.5187628443528 THB = 712.781442665292 THB
Nigerian Naira to Thai Baht Conversion Table
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Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.
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.