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From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. [9] [10] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis.
The Thailand five-baht coin is a denomination coin of the Thai baht, the Thai currency unit. Like all coins in Thailand, its obverse features King of Thailand, Vajiralongkorn Bodindradebayavarangkun , and previously Bhumibol Adulyadej .
Print/export Download as PDF; Printable version; In other projects ... US Dollar [23] USD East Timor: US$ ... Baht [82] THB Thailand ฿ [82] [83 ...
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[citation needed] In areas near the Thai border, the Thai baht is also accepted. [citation needed] Dollarization started in the 1980s and continued to the early 90s when the United Nations contributed humanitarian aid, [3] refugees began sending remittances home, and inflation as high as 177% per year eroded confidence in the riel.
Template to convert other currencies into United States dollars, by year, based on information from the International Monetary Fund Template parameters [Edit template data] Parameter Description Type Status Amount 1 value in foreign currency to convert to USD Example 22816 Number required Country code 2 country ISO 3166-1 alpha-3 country code Example MEX Line required year year Year to convert ...
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The Thailand fifty-satang coin is currency unit equivalent to one-half of a Thai baht. It is also called สองสลึง (song salueng - "two salueng" while สลึง salueng is used to describe the 25-satang coin). In 2008, fifty satang coin was minted both old aluminium series bronze and new copper series.