Convert 55000 Thai Baht (THB) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 19th January 2019 ( 19/01/2019 )
Below you will find the latest exchange rate for exchanging Thai Baht (THB) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Thai Baht (THB) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Thailand is the Thai baht. The baht is issued in denominations of 10, 20, 50, 100, 500 and 1,000. Foreign currency can be exchanged at most banks, particularly central banks as well as with many money changers and exchange kiosks located at airports, shopping centers and some hotels. Credit card theft is a problem in the country so those using credit or debit cards for transfers or purchases should take care to ensure that they are not being overcharged.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.