How Do You Spell THB?

Pronunciation: [tˌiːˌe͡ɪt͡ʃbˈiː] (IPA)

Correct spelling for the English word "thb" is [tˌiːˌe͡ɪt͡ʃbˈiː], [tˌiːˌe‍ɪt‍ʃbˈiː], [t_ˌiː__ˌeɪ_tʃ_b_ˈiː] (IPA phonetic alphabet).

THB Meaning and Definition

  1. THB is an acronym that stands for "Thai Baht." It is the official currency of Thailand, the Southeast Asian country located in the Indochinese Peninsula. The term "thb" is often used in financial and foreign exchange contexts to represent the currency symbol for Thai Baht.

    The Thai Baht (THB) symbol is ฿ which derives its appearance from the Thai alphabet. The currency is subdivided into 100 Satang. In everyday usage, though, the Satang coins are rarely seen or used.

    As of September 2021, the exchange rate for THB to USD (United States Dollar) is approximately 1 USD = 32.75 THB. However, due to fluctuations in the foreign exchange market, this rate is subject to change.

    The Thai Baht has been the official currency in Thailand since 1897. It is managed and issued by the Bank of Thailand, the country's central bank. The bank ensures the stability and integrity of the currency, regulating its circulation, and maintaining appropriate monetary policies.

    The Thai Baht is widely accepted within the country and is also exchangeable in many foreign exchange markets around the world. It plays a crucial role in facilitating domestic and international trade, business transactions, tourism, and investment activities in Thailand.

    Overall, THB is the commonly used abbreviation to represent the Thai Baht, the official currency of Thailand, and is an important component of the country's economic landscape.

Common Misspellings for THB

Etymology of THB

The acronym "thb" stands for "Thai Baht". The Thai Baht is the official currency of Thailand, and the abbreviation "THB" is derived from the previous name of the currency, which was "tical". "Tical" was the name for the currency in the Siamese Kingdom during the 19th century. However, in 1897, the currency's name was changed to "baht". The abbreviation "THB" was then adopted as a way to represent the Thai Baht in international financial contexts.

Similar spelling words for THB

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