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.

Cuban Peso

Cuban Peso

The peso (ISO 4217 code: CUP, sometimes called the "national currency" or in Spanish moneda nacional) is one of two official currencies in use in Cuba, the other being the convertible peso (ISO 4217 code: CUC, occasionally called "dollar" in the spoken language). There are currently 25 CUP per CUC. Most Cuban state workers receive their wages in national pesos, but some receive a portion of their salary in convertible pesos. Shops that sell basics like fruit and vegetables generally accept only the normal peso. "Dollar shops" sell the rest. The word "pesos" may refer to both types of money. Cuban convertible pesos are 25 times more valuable, but that does not completely eliminate the confusion for tourists. Since goods bought in national pesos have government-controlled prices, tourists are sometimes confused by prices that look "too cheap". The hard (CUC) pesos are easy to tell apart from the national (CUP) ones, as CUC coins have an octagonal shape within the outer round rim. The only exception to this is the most common CUP coin, the 1 peso, also has this octagonal shape. Also, CUC currency shows monuments, and CUP bills have portraits.

1 Thai Baht to Cuban Peso exchange rates chart

1 THB to CUP exchange rates graph
1 THB to CUP 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.

1 THB to CUP exchange rates table

Exchange THB to CUP
1 Thai Baht = 0.836 Cuban Peso
2 Thai Baht = 1.672 Cuban Peso
5 Thai Baht = 4.180 Cuban Peso
10 Thai Baht = 8.361 Cuban Peso
Exchange Thai Baht to Cuban Peso
1 Thai Baht to Cuban Peso 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.

1 THB to CUP exchange rates news

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1 THB to CUP currency converter