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.

Panamanian Balboa

Panamanian Balboa

The balboa (sign: B/.; ISO 4217: PAB) is, along with the United States dollar, one of the official currencies of Panama. It is named in honor of the Spanish explorer/conquistador Vasco Núñez de Balboa. The balboa is subdivided into 100 centésimos.

32 Thai Baht to Panamanian Balboa exchange rates chart

32 THB to PAB exchange rates graph
32 THB to PAB 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.

32 THB to PAB exchange rates table

Exchange THB to PAB
32 Thai Baht = 1.010 Panamanian Balboa
64 Thai Baht = 2.019 Panamanian Balboa
160 Thai Baht = 5.048 Panamanian Balboa
320 Thai Baht = 10.096 Panamanian Balboa
Exchange Thai Baht to Panamanian Balboa
32 Thai Baht to Panamanian Balboa 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.

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32 THB to PAB currency converter