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.

Silver Ounce

Silver Ounce

Silver is a chemical element with symbol Ag (from the Latin argentum, derived from the Proto-Indo-European h₂erǵ: "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an investment medium (coins and bullion), silver is used in solar panels, water filtration, jewellery, ornaments, high-value tableware and utensils (hence the term silverware), in electrical contacts and conductors, in specialized mirrors, window coatings, in catalysis of chemical reactions, as a colorant in stained glass and in specialised confectionery. Its compounds are used in photographic and X-ray film. Dilute solutions of silver nitrate and other silver compounds are used as disinfectants and microbiocides (oligodynamic effect), added to bandages and wound-dressings, catheters, and other medical instruments.

475 Thai Baht to Silver Ounce exchange rates chart

475 THB to XAG exchange rates graph
475 THB to XAG 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.

475 THB to XAG exchange rates table

Exchange THB to XAG
475 Thai Baht = 1.031 Silver Ounce
950 Thai Baht = 2.061 Silver Ounce
2375 Thai Baht = 5.154 Silver Ounce
4750 Thai Baht = 10.307 Silver Ounce
Exchange Thai Baht to Silver Ounce
475 Thai Baht to Silver 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.

475 THB to XAG 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
Gold, silver higher

Gold, silver higher on WTOP | NEW YORK (AP) — The November gold contract on the New York Mercantile Exchange closed today at $1,220.80 an ounce — up $8.00. The current silver contract on the “NYMEX” closed at $14.36 an ounce — up 12 cents.

indicative neutral
3 Reasons Why Precious Metals Streamers Are Better Investments Than Miners

Wheaton Precious Metals Corp. (USA) (NYSE:WPM) is an attractively valued play on gold and silver.

indicative positive

475 THB to XAG currency converter