New Zealand Dollar to Thailand Baht — exchange rate

Country of Circulation: New Zealand, Cook Islands, Niue, Pitcairn Islands, Ross Dependency, Tokelau

Currency Code, Symbol: NZD, NZ$

Denominations of coins in circulation: 10c, 20c, 50c, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The New Zealand dollar ($) is the national currency of New Zealand, a state in Polynesia. The currency is neither accepted nor issued outside the country. NZD is a simplified term for the global currency exchange.The New Zealand dollar is subdivided into cents. Every NZD has 100 cents. The currency has been introduced in 1967. Its predecessor was the New Zealand pound. Initially, banknotes were made out of paper. The modern notes are made out of a polymer plastic. It is more durable and humidity-resistant in New Zealand’s climate.Read More

Country of Circulation: Thailand

Currency Code, Symbol: THB, ฿

Denominations of coins in circulation: ฿1, ฿2, ฿5, ฿10

Denominations of banknotes in circulation: ฿20, ฿50, ฿100, ฿500, ฿1000

History: The Thai baht (sign: ฿, code: THB, number:764) is the official currency spread and issued in Thailand. It is not used for payment outside this Asian country. The THB abbreviation is widely known in the international arena.1 Thai baht corresponds to 100 coins called satang. There are coins worth 25 and 50 satang used as of today. The Thai baht started to spread as an official currency unit in 1928. The Siamese tical was used as a currency beforehand. Initially, baht was pretty common in Asia. People were using it not only for money, but as a unit of weight as well. Baht was common in Burma, Laos and Cambodia.Read More