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Indonesian Rupiah to Thai Baht
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About Indonesian Rupiah
The rupiah is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam. Sometimes, Indonesians also informally use the word perak in referring to rupiah in coins. The rupiah is divided into 100 cents, although high inflation has rendered all coins and banknotes denominated in cents obsolete.
The rupiah was introduced in 1946 by Indonesian nationalists fighting for independence. It replaced the Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the Dutch. The Riau Islands and the Indonesian half of New Guinea had their own variants of the rupiah in the past, but these were subsumed into the national rupiah in 1964 and 1971, respectively. WikipediaAbout Thai Baht
The baht is the official currency of Thailand. It is divided into 100 satang. Prior to decimalisation, the baht was divided into eight fueang, each of eight at. 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. Wikipedia