Convert South Korean Won to Thai Baht
Please provide values below to convert South Korean Won [KRW] to Thai Baht [THB], or Convert Thai Baht to South Korean Won.
How to Convert South Korean Won to Thai Baht
1 KRW = 42.9201989283696 THB
Example: convert 15 KRW to THB:
15 KRW = 15 × 42.9201989283696 THB = 643.802983925545 THB
South Korean Won to Thai Baht Conversion Table
South Korean Won | Thai Baht |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.