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.

Bitcoin

Bitcoin

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

211447 Thai Baht to Bitcoin exchange rates chart

211447 THB to BTC exchange rates graph
211447 THB to BTC 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.

211447 THB to BTC exchange rates table

Exchange THB to BTC
211447 Thai Baht = 1.848 Bitcoin
422894 Thai Baht = 3.697 Bitcoin
1057235 Thai Baht = 9.242 Bitcoin
2114470 Thai Baht = 18.483 Bitcoin
Exchange Thai Baht to Bitcoin
211447 Thai Baht to Bitcoin 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.

211447 THB to BTC 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
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Fortune 500 Daily & Breaking Business News

3 days conditional positive
Bitcoin trading in a narrow range around the $3,600 level today

Bitcoin has not dropped further but is trading mostly sideways within a narrow range near the $3,600 level. It remains to be seen if Bitcoin will suffer another monthly loss this January as appears to be happening.

4 days conditional negative
South Africa Goes After Bitcoin Owners

The SARB does admit that Bitcoin and other cryptocurrencies could become illegal in the country, but there’s no need to worry about that (for now)

6 days indicative positive
http://

Fortune 500 Daily & Breaking Business News

10 days conditional positive
Five reasons Bitcoin could enter a more extreme death spiral

Bitcoin has been on a downward ride over the last year, plummeting down. It could get worse

15 days conditional neutral

211447 THB to BTC currency converter