Indian Rupee

Indian Rupee

The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The rupee is named after the silver coin, rupiya, first issued by Sultan Sher Shah Suri in the 16th century and later continued by the Mughal Empire. In 2010, a new rupee symbol '₹', was officially adopted. It was derived from the combination of the Devanagari consonant "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. The first series of coins with the new rupee symbol started in circulation on 8 July 2011. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid. A newly redesigned series of ₹500 banknote, in addition to a new denomination of ₹2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of ₹1000, ₹100 and ₹50 in the coming months.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation.In July 2018, the Reserve Bank Of India released the ₹100 banknote.

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.

2 Indian Rupee to Thai Baht exchange rates chart

2 INR to THB exchange rates graph
2 INR to THB 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.

2 INR to THB exchange rates table

Exchange INR to THB
2 Indian Rupee = 0.912 Thai Baht
4 Indian Rupee = 1.824 Thai Baht
10 Indian Rupee = 4.560 Thai Baht
20 Indian Rupee = 9.120 Thai Baht
Exchange Indian Rupee to Thai Baht
2 Indian Rupee to Thai Baht 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.

Best INR/THB rate at Weizmann Forex in New Delhi

2 INR to THB exchange rates at Weizmann Forex in New Delhi
2 Indian Rupee = 0.899 Thai Baht
Weizmann Forex
Weizmann Forex

The Weizmann Group comprises these key enterprises: Weizmann Forex Ltd. – Foreign Exchange, Remittance, Insurance, Tours, Travel. Weizmann Ltd. – Textile Processing and Exports. For more information please visit www.weizmann.co.in Weizmann International Ltd. – Textile Exports. For more information please visit www.weizmann.co.in Karma Energy Ltd. – Development of Renewable Energy Projects, mainly Wind and Small Hydro. For more information please visit www.karmaenergy.co Greenweiz...

Best INR/THB rate at RRSB Forex in New Delhi

2 INR to THB exchange rates at RRSB Forex in New Delhi
2 Indian Rupee = 0.026 Thai Baht
RRSB Forex
RRSB Forex

RRSB Forex was the beginning of a legacy. Much before India got its independence, in a period where business was carried out in the British currency in the then English colony, India, there emerged an enterprising family that forever changed the way Indian entrepreneurs carried out their businesses. Introducing the concept of money changing in 1912, the Sen family established R.R. Sen & Brothers (Pvt) Ltd., the very first foreign exchange dealership in India, which is today famous as RRSB...

Best INR/THB rate at Vasu Exchange in Bangkok

2 INR to THB exchange rates at Vasu Exchange in Bangkok
2 Indian Rupee = 0.860 Thai Baht
Vasu Exchange
Vasu Exchange

Vasu Exchange 4.6106 Google reviews Currency exchange service in Bangkok, Thailand Address: Sukhumvit Rd, Khwaeng Khlong Toei Nuea, Khet Watthana, Krung Thep Maha Nakhon 10110, Thailand Welcome to Vasu The Residence - the 20 -storey, modern-style apartment one of the most exclusive areas of Bangkok-Sukhumvit 55 ( Thong Lor ). Tel +66(0)2714-7780 Fax +66(0)2714-8977 Email: [email protected] Website : www.vasutheresidence.com

Best INR/THB rate at Super Rich Thailand in Bangkok

2 INR to THB exchange rates at Super Rich Thailand in Bangkok
2 Indian Rupee = 0.890 Thai Baht
Super Rich Thailand
Super Rich Thailand

Company Profile บริษัท ซุปเปอรริช (ไทยแลนด) จำกัด ผูนำในธุรกิจแลกเปลียนเงินตางประเทศ ดำเนินธุรกิจดวยความเปนมืออาชีพ ยาวนานกวา 50 ปี ตลอดระยะเวลาทีผานมาเราไมเคยหยุดทีจะพัฒนาคุณภาพขององคกรในทุกดาน เพือมอบสิงทีดีทีสุดใหกับลูกคา ปัจจุบันบริษัทเติบโตอยางไมหยุดยัง นอกเหนือจากอัตราแลกเปลียนทีดีทีสุดในประเทศไทยแลว ลูกคาทุกทานยังไดรับบริการทีเปนมิตรจากพนักงานทีมีความเชียวชาญสูง ทุกคนลวนผานการฝึกฝนอบรม พัฒนาทักษะในการบริการแลกเปลียนเงินตางประเทศอยางเขมขน ทำให บริษัท ซุปเปอรริช (ไทยแลนด) จำกัด กาวขึนเป...

Best INR/THB rate at SF Forex in Chennai

2 INR to THB exchange rates at SF Forex in Chennai
2 Indian Rupee = 1.026 Thai Baht
SF Forex
SF Forex

Profile The business of Sugal Finance Ltd., has its genesis in a Sole Proprietorship from by the name "Sugal Finance", established in the year 1989. On 19.02.1990. the Company was incorporated in the name of Sugal Finance Credit and Investment Private Ltd., on 17.03.1993, the name of the Company was changed to Sugal Finance Private Ltd., on 11.05.1993, the Company was converted from Private Limited to a Public Limited Company, and on 07.10.2003 the Company was converted from Public Limited to...

2 INR to THB exchange rates news

Rupee trades higher at 71.44 per dollar
Rupee trades higher at 71.44 per dollar

Utilise upsides in USD-INR to initiate short positions, says ICICIdirect.

indicative neutral
Rupee gains to be limited despite lower crude prices

Rupee gains to be limited despite lower crude prices - Since February 2018, dollar Rupee moved up on account of various factors most of which now are fully priced in or have marginally tilted in Rupee's favour.

conditional negative
Indian markets close higher on continued foreign fund inflows, strengthening rupee

The biggest gainer on both indices was Bharti Airtel.

indicative positive
Pound Sterling to Indian Rupee Exchange Rate Outlook Clouded Near 2-Month-Lows amid UK Political Turmoil
Pound Sterling to Indian Rupee Exchange Rate Outlook Clouded Near 2-Month-Lows amid UK Political Turmoil

Friday's Pound to Indian Rupee (GBP/INR) exchange rate recovery was modest compared to Thursday's plummet, and investors awaited further UK political news.

conditional neutral
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

2 INR to THB currency converter