Convert Thai Baht to Saudi Arabian Riyal
Convert Thai Baht (THB) to Saudi Arabian Riyal (SAR) using daily updated exchange rates.
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Exchange Rate
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About Thai Baht
The Thai Baht (THB) is the official currency of Thailand, one of Southeast Asia's largest and most successful economies. The Bank of Thailand manages monetary policy with a managed float regime. Thailand is the world's second largest exporter of rice and a major producer of rubber, electronics, automobiles, and gems. Tourism is a critical economic sector - Thailand is among the world's top tourist destinations annually. The baht experienced a 40% devaluation in July 1997 that triggered the Asian Financial Crisis, spreading financial contagion across the region.
About Saudi Arabian Riyal
The Saudi Arabian Riyal (SAR) is the official currency of Saudi Arabia, the world's largest exporter of petroleum and home to ARAMCO - the world's most profitable company by revenue. The riyal has been pegged to the US Dollar at 3.75 SAR per USD since 1986, one of the most durable currency pegs in the world, supported by Saudi Arabia's vast oil revenues and the world's second largest foreign exchange reserves. The Saudi Central Bank (SAMA - Saudi Arabian Monetary Authority) manages the peg. The riyal is divided into 100 halalas.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).