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 = 0.964 Silver Ounce
950 Thai Baht = 1.929 Silver Ounce
2375 Thai Baht = 4.822 Silver Ounce
4750 Thai Baht = 9.643 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

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

3 days indicative negative
Political Turmoil in UK and US Sees Gold Hit 2 Week High

Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!

1 day imperative neutral
Big bank rally helps US stocks finish higher; Goldman soars

U.S. stocks finish after as Goldman Sachs has its best day in 10 years and Bank of America rises by the most in seven years as banks and other financial companies report strong fourth-quarter results

2 days conditional positive
NGC To Offer ASF Labels for Apollo 11 Commemorative Coins
NGC To Offer ASF Labels for Apollo 11 Commemorative Coins

Numismatic Guaranty CorporationÂŽ (NGC) has officially licensed the Astronaut Scholarship Foundation (ASF) logo for special NGC certification labels that celebrate the U.S. Mint's Apollo 11 50th Anniversary Commemorative Coins.

2 days conditional positive
Gold Holds Steady Near $1,300/oz As Geopolitical Risks Including Brexit Loom Large

Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!

2 days conditional positive

475 THB to XAG currency converter