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.

Georgian Lari

Georgian Lari

The lari (Georgian: ლარი; ISO 4217: GEL) is the currency of Georgia. It is divided into 100 tetri. The name lari is an old Georgian word denoting a hoard, property, while tetri is an old Georgian monetary term (meaning 'white') used in ancient Colchis from the 6th century BC. Earlier Georgian currencies include the maneti, abazi, and Georgian coupon.

12 Thai Baht to Georgian Lari exchange rates chart

12 THB to GEL exchange rates graph
12 THB to GEL 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.

12 THB to GEL exchange rates table

Exchange THB to GEL
12 Thai Baht = 1.008 Georgian Lari
24 Thai Baht = 2.016 Georgian Lari
60 Thai Baht = 5.039 Georgian Lari
120 Thai Baht = 10.078 Georgian Lari
Exchange Thai Baht to Georgian Lari
12 Thai Baht to Georgian Lari 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.

12 THB to GEL 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

6 days indicative negative
Georgia’s TBC Bank claims “dark PR” as it fights laundering probe

Georgia’s TBC Bank claims “dark PR” amid laundering probe. Investigation into consecutive loans to firms and chair and dep. chair of lender.

9 days indicative neutral
Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election

Georgian presidential runoff fallout: defeated candidate calls for mass protests, early general election. OSCE says campaign saw significant deviations from democratic principles. Winner, backed by Georgia’s richest man, “enjoyed an undue advantage”, it concludes.[node:summary]

about 2 months conditional positive
London Stock Exchange hosts ‘Georgia Investor Day’

London Stock Exchange is hosting a ‘Georgia Investor Day’ together with Galt & Taggart, members of Bank of Georgia Group PLC and the leading brokerage firms in Georgia today.

2 months conditional positive

12 THB to GEL currency converter