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.

Platinum Ounce

Platinum Ounce

Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name is derived from the Spanish term platino, meaning "little silver".Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust, with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.Platinum is one of the least reactive metals. It has remarkable resistance to corrosion, even at high temperatures, and is therefore considered a noble metal. Consequently, platinum is often found chemically uncombined as native platinum. Because it occurs naturally in the alluvial sands of various rivers, it was first used by pre-Columbian South American natives to produce artifacts. It was referenced in European writings as early as 16th century, but it was not until Antonio de Ulloa published a report on a new metal of Colombian origin in 1748 that it began to be investigated by scientists. Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewelry. Being a heavy metal, it leads to health problems upon exposure to its salts; but due to its corrosion resistance, metallic platinum has not been linked to adverse health effects. Compounds containing platinum, such as cisplatin, oxaliplatin and carboplatin, are applied in chemotherapy against certain types of cancer.As of 2018, the value of platinum is $833.00 per ounce.

28576 Thai Baht to Platinum Ounce exchange rates chart

28576 THB to XPT exchange rates graph
28576 THB to XPT 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.

28576 THB to XPT exchange rates table

Exchange THB to XPT
28576 Thai Baht = 1.038 Platinum Ounce
57152 Thai Baht = 2.076 Platinum Ounce
142880 Thai Baht = 5.191 Platinum Ounce
285760 Thai Baht = 10.382 Platinum Ounce
Exchange Thai Baht to Platinum Ounce
28576 Thai Baht to Platinum Ounce 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.

28576 THB to XPT exchange rates news

Emerging Markets: The Real Pain Has Yet To Appear

Emerging markets will see significant losses in their currency levels, as they have already over the past year. Debt denominated in US dollars will need to be r

conditional positive
Thai listed property firms show financial growth in first nine months this year

MOST Thai listed property firms show strong growth in their financial results for the first nine months of this year, thanks to strong demand in the market.

indicative positive
Xiaomi to launch the Redmi Note 6 Pro on Nov 22 in India
Xiaomi to launch the Redmi Note 6 Pro on Nov 22 in India

Xiaomi is all set to add another smartphone to its extensive Redmi lineup in India. The company has sent out press invites for a launch event on the 22nd

conditional neutral
Redmi Note 6 Pro India launch set for November 22, Xiaomi shares media invite

Xiaomi Redmi Note 6 Pro will make its debut in India on November 22 and the company has sent out invites

conditional neutral
Thai EGCO to Buy Stake in South Korean CCGT

Thai independent power producer EGCO Group is to buy a 49% stake in Paju Energy Service, the operator of a natural-gas power plant in Paju City near Seoul.

conditional neutral
Precious metal prices up in Azerbaijan
Precious metal prices up in Azerbaijan

Precious metal prices increased in Azerbaijan on Nov. 16, according to the data published by the country’s Central Bank.

indicative positive
Gold ends higher for a third session and books a more than 1% weekly advance
Gold ends higher for a third session and books a more than 1% weekly advance

Gold futures end higher Friday for a third consecutive session to book a weekly advance of more than 1%, with geopolitical turmoil and broader equity market weakness helping to underpin prices.

conditional neutral

28576 THB to XPT currency converter