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  2. Relative purchasing power parity - Wikipedia

    en.wikipedia.org/wiki/Relative_Purchasing_Power...

    Relative Purchasing Power Parity is an economic theory which predicts a relationship between the inflation rates of two countries over a specified period and the movement in the exchange rate between their two currencies over the same period.

  3. Thai baht - Wikipedia

    en.wikipedia.org/wiki/Thai_baht

    The Thai baht, like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as photduang . [ 2 ]

  4. Malaysian ringgit - Wikipedia

    en.wikipedia.org/wiki/Malaysian_Ringgit

    The Malaysian ringgit (/ ˈ r ɪ ŋ ɡ ɪ t /; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the currency of Malaysia. Issued by the Central Bank of Malaysia , it is divided into 100 cents ( Malay : sen ).

  5. Economy of Malaysia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Malaysia

    The only legal tender in Malaysia is the Malaysian ringgit. As of September 2024, the ringgit traded at MYR 4.12 to the US dollar. [77] This was a significant change from the rate of MYR 4.80 to the dollar recorded in February 2024, an appreciation of 16.5%. The ringgit is not internationalised. [78]

  6. Tical (unit) - Wikipedia

    en.wikipedia.org/wiki/Tical_(unit)

    A gold shop in Thailand. The necklace chains are denoted by their weight in baht.. The tical is a unit of mass (or weight in the colloquial sense) historically used in Mainland Southeast Asia, particularly in the predecessor states of Myanmar, where it is known as the kyat (kyattha), and of Cambodia and Thailand, where it is known as the baht (bat).

  7. ISO 4217 - Wikipedia

    en.wikipedia.org/wiki/ISO_4217

    An airline ticket showing the price with ISO 4217 code "EUR" (bottom left) and not with euro currency sign " € "ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units.

  8. Thai units of measurement - Wikipedia

    en.wikipedia.org/wiki/Thai_units_of_measurement

    Thailand adopted the metric system on 17 December 1923. [1]Before metrication, the traditional system of measurement used in Thailand employed anthropic units.Some of these units are still in use, albeit standardised to SI/metric measurements.

  9. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros , even though its income is in United States dollars .