Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

Papua New Guinean Kina

Papua New Guinean Kina

The kina (ISO 4217 currency code: PGK, the currency symbol: K) is the currency of Papua New Guinea. It is divided into 100 toea. The kina was introduced on 19 April 1975, and circulated along with the Australian dollar until 1 January 1976, when the dollar ceased to be legal tender. The name kina is derived from Kuanua language of the Tolai region, referring to a callable pearl shell used widely for trading in both the Coastal and Highlands areas of the country.

10 Thai Baht to Papua New Guinean Kina exchange rates chart

10 THB to PGK exchange rates graph
10 THB to PGK Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

10 THB to PGK exchange rates table

Exchange THB to PGK
10 Thai Baht = 1.019 Papua New Guinean Kina
20 Thai Baht = 2.038 Papua New Guinean Kina
50 Thai Baht = 5.095 Papua New Guinean Kina
100 Thai Baht = 10.190 Papua New Guinean Kina
Exchange Thai Baht to Papua New Guinean Kina
10 Thai Baht to Papua New Guinean Kina Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

10 THB to PGK exchange rates news

Thai top court orders compensation for Myanmar workers in landmark case

The workers complained about forced overtime, being paid less than the minimum wage, confiscation of passports, and limited freedom of movement

2 days indicative negative
Exporters fret over baht appreciation
Exporters fret over baht appreciation

The secretary-general of the Thai National Shippers’ Council said yesterday that exporters were concerned about the appreciation of the baht against the US dollar.

9 days conditional negative
Why Vietnam is such a magnet for baht
Why Vietnam is such a magnet for baht

Thailand is being left behind when it should be learning from the success story to its east

13 days conditional neutral
PNG turns to bond issues and stock exchange
PNG turns to bond issues and stock exchange

Papua New Guinea is looking to the international bond markets to help bridge revenue shortfalls, announcing the launch of its first eurobond in tandem with wider moves to open up the stock exchange to foreign investors.

10 days conditional negative
Sir Julius marks 50 years in politics
Sir Julius marks 50 years in politics

This year’s New Ireland Provincial Day is special as Governor of the Province, Sir Julius Chan, celebrates his 50th anniversary in PNG politics.

23 days conditional positive
Thousands of Kina saved
Thousands of Kina saved

Since the establishment of the Nazarene Hospital’s hydroelectric project in Kudjip, Jiwaka Province, the hospital has saved thousands of kina in power bills, improved the safety of its patients and equipment and maintained a regular power supply.

about 2 months conditional positive

10 THB to PGK currency converter