AvalehtTHB / XAF • Raha
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THB / XAF
Viimane sulgemishind
17,81
Börsiuudised
Teave: Tai baat
The baht is the official currency of Thailand. It is divided into 100 satang. The currency was officially adopted 1238 and continuously issued since. Initially issued in the podduang form, King Rama IV decided to switch to flat coins in 1860. The baht was then decimalized in 1897, before which the baht was divided into 8 fueang, each into 8 at, and each into 100 bia. The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of December 2023.
The baht was defined as 15.16 grams of silver or gold, which was exchanged at 16:1 ratio. This was the case until the decree of June 29th 1874 which switched the Thai baht to the silver standard, and again in 1908, converting the baht to the gold standard before being completely debased in 1962 with the halt in production of the silver baht coin.
The baht was pegged to the spanish dollar from 1856 at a ฿5 to $3 ratio. It was then pegged to the pound at a ฿8 to £1 in 1880 and subsequently several re-pegging to a new ratio. The baht was then pegged to the US Dollar at a ฿20 to $1 ratio along with several re-peg. WikipediaTeave: Kesk-Aafrika CFA frank
The Central African CFA franc is the currency used in six independent states in Central Africa: Cameroon, the Central African Republic, Chad, the Republic of the Congo, Equatorial Guinea and Gabon. These six countries had a combined population of 55.2 million in 2020, and their total GDP exceeded US$100 billion.
CFA originally stood for Colonies françaises d'Afrique; after these states gained independence, its name was changed to Communauté financière africaine. The currency is issued by the Bank of Central African States, located in Yaoundé, Cameroon, for members of the Economic and Monetary Community of Central Africa. Although the franc is officially divided into 100 centimes, no centime-denominated coins have been issued. Since 1945, the Bank of France has been producing CFA franc notes in Chamalières.
In several west African states, the West African CFA franc, which is of equal value, is also in circulation. Wikipedia