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.

Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

4 Thai Baht to Chinese Yuan Renminbi exchange rates chart

4 THB to CNY exchange rates graph
4 THB to CNY 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.

4 THB to CNY exchange rates table

Exchange THB to CNY
4 Thai Baht = 0.855 Chinese Yuan Renminbi
8 Thai Baht = 1.711 Chinese Yuan Renminbi
20 Thai Baht = 4.276 Chinese Yuan Renminbi
40 Thai Baht = 8.553 Chinese Yuan Renminbi
Exchange Thai Baht to Chinese Yuan Renminbi
4 Thai Baht to Chinese Yuan Renminbi 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 THB/CNY rate at Bank of China in Shanghai

4 THB to CNY exchange rates at Bank of China in Shanghai
4 Thai Baht = 0.825 Chinese Yuan Renminbi
Bank of China
Bank of China

Bank of China was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the country’s central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing China’s financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite...

Best THB/CNY rate at Bangkok Bank in Bangkok

4 THB to CNY exchange rates at Bangkok Bank in Bangkok
4 Thai Baht = 0.844 Chinese Yuan Renminbi
Bangkok Bank
Bangkok Bank

Established in 1944, Bangkok Bank is one of Southeast Asia’s largest regional banks with total assets of 3,076,310 million baht. We are a leading provider of corporate finance and SME lending in Thailand, with approximately 240 business centers and business desks, and we also have the country's largest retail customer base of more than 17 million accounts. Our business-banking services include syndicated loans, debt securities underwriting, trade finance, project finance, custodial services,...

Best THB/CNY rate at Super Rich Thailand in Bangkok

4 THB to CNY exchange rates at Super Rich Thailand in Bangkok
4 Thai Baht = 0.858 Chinese Yuan Renminbi
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 THB/CNY rate at Vasu Exchange in Bangkok

4 THB to CNY exchange rates at Vasu Exchange in Bangkok
4 Thai Baht = 0.858 Chinese Yuan Renminbi
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

4 THB to CNY 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

6 days indicative negative

4 THB to CNY currency converter