Thailand Baht to Norwegian Krone

The Thai baht (sign: ฿, code: THB, number:764) is the official currency of Thailand issued by the National Bank since 1928. The name itself has been used since 1928. One baht is subdivided into 100 satangs.

The currency has replaced Siamese tikal, although the name "baht" was used in the country even back in the Middle Ages. The word "tikal" is still used in everyday life referring to local money. The new banknotes depict the King of Thailand to demonstrate the country's special attitude towards the monarch.

The Norwegian krone (symbol: kr, code: NOK, number 578) is the national currency of Norway, valid in the country since 1874 to have replaced the Norwegian daler. Although nominally the krone is subdivided into 100 ore, coins denominations of less than 1 crone have been discontinued, and ore has existed only electronically since 2012. The banknotes design bears traditional Scandinavian decorations depicting ships, lighthouses, sea waves, cod.

The exchange rate varies depending on oil prices and other economic factors. The average inflation index is low,e.g. in autumn 2019 it was only 1.8%. During 2017 - 2019, all old banknotes were replaced in the country. They can be exchanged in banks until 2028.