Convert Icelandic Króna to Thai Baht
Please provide values below to convert Icelandic Króna [ISK] to Thai Baht [THB], or Convert Thai Baht to Icelandic Króna.
How to Convert Icelandic Króna to Thai Baht
1 ISK = 3.7783817512402 THB
Example: convert 15 ISK to THB:
15 ISK = 15 × 3.7783817512402 THB = 56.675726268603 THB
Icelandic Króna to Thai Baht Conversion Table
| Icelandic Króna | Thai Baht |
|---|
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
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.