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 = 0.987 Georgian Lari
24 Thai Baht = 1.974 Georgian Lari
60 Thai Baht = 4.934 Georgian Lari
120 Thai Baht = 9.869 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

BOT expected to hike key interest rate
BOT expected to hike key interest rate

STANDARD Chartered Bank (Thailand) expects the Bank of Thailand (BOT) to start monetary policy normalisation and increase the interest rate by 25 basis points (bps) , from 1.50 per cent to 1.75 per cent, in November.

indicative neutral
Malaysia, Japan, Philippines among nations that benefit from US-China trade war
Malaysia, Japan, Philippines among nations that benefit from US-China trade war

Asia, at the broad level, will lose from the United States-China trade war, but a few countries will emerge as relative winners. Nomura Holdings Inc. found that

conditional neutral
Thailand offers some help for rubber farmers after price slump

THAILAND-RUBBER/ (PIX):Thailand offers some help for rubber farmers after price slump

conditional neutral
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.

conditional positive
This FTSE 250 stock has just fallen to a 52-week low. Here’s why I’m buying

Rupert Hargreaves explains why he thinks this FTSE 250 (INDEXFTSE: MCX) stock could be a hot buy today.

conditional neutral

12 THB to GEL currency converter