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.

Venezuelan Bolívar

Venezuelan Bolívar

The bolívar soberano (sign: Bs.S. or Bs.; plural: bolívares soberanos; ISO 4217 code: VES) is the main currency of Venezuela since 20 August 2018. Since that date, it has been due to replace the bolívar fuerte (strong bolívar, sign: Bs.F., ISO 4217 code: VEF) after a transition period. The primary reason for replacement, at a rate of 1 Bs.S. to 100,000 Bs.F, was hyperinflation. On 1 January 2008, the bolívar fuerte had itself replaced, because of inflation, the original bolívar introduced in 1879 (sign: Bs.;; ISO 4217 code: VEB). It did so at a rate of 1 Bs.F. to 1000 Bs.

3 Thai Baht to Venezuelan Bolívar exchange rates chart

3 THB to VEF exchange rates graph
3 THB to VEF 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.

3 THB to VEF exchange rates table

Exchange THB to VEF
3 Thai Baht = 0.945 Venezuelan Bolívar
6 Thai Baht = 1.891 Venezuelan Bolívar
15 Thai Baht = 4.727 Venezuelan Bolívar
30 Thai Baht = 9.453 Venezuelan Bolívar
Exchange Thai Baht to Venezuelan Bolívar
3 Thai Baht to Venezuelan Bolívar 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.

3 THB to VEF 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

7 days indicative negative
Preserve Venezuela relationship

THE EDITOR, Sir:The impending expropriation of the shares of the Venezuelan-owned Petrojam shares is going to cause a bitter squabble between Jamaica and their former partner. This could have been prevented, or circumvented, if prior analytical work...

5 days conditional positive
Venezuelans recycle worthless bolivar bills into crafts

A family of Venezuelan immigrants to Colombia are repurposing their worthless bolivars into origami-made paper wallets, belts and even purses as the currency plunges further in value amid four-digit inflation.

about 1 month subjunctive negative
Goodyear halts tire production in Venezuela as economy slips

U.S. tire company Goodyear has announced it will no longer continue production in Venezuela as economic conditions in the South American nation continue to deteriorate

about 1 month indicative neutral

3 THB to VEF currency converter