Convert Qatari Rial to Thai Baht
Please provide values below to convert Qatari Rial [QAR] to Thai Baht [THB], or Convert Thai Baht to Qatari Rial.
How to Convert Qatari Rial to Thai Baht
1 QAR = 0.112999261158677 THB
Example: convert 15 QAR to THB:
15 QAR = 15 × 0.112999261158677 THB = 1.69498891738016 THB
Qatari Rial to Thai Baht Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
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.