Historic Thai baht Indian Rupee

Thai baht indian rupee history for March 2020. The highest quote for this month is 2.3838 (10/03/2020) and the lowest 2.3543 (09/03/2020). The difference between high and low is 1.24.

THB INR average rate for March 2020 is 2.33215, the change between 01/03/2020 and 31/03/2020 is -0.77 %.

02 March 20201 THB = 2.292 INR
03 March 20201 THB = 2.317 INR
04 March 20201 THB = 2.335 INR
05 March 20201 THB = 2.363 INR
06 March 20201 THB = 2.339 INR
09 March 20201 THB = 2.359 INR
10 March 20201 THB = 2.367 INR
11 March 20201 THB = 2.360 INR
12 March 20201 THB = 2.373 INR
13 March 20201 THB = 2.374 INR
16 March 20201 THB = 2.338 INR
17 March 20201 THB = 2.337 INR
18 March 20201 THB = 2.299 INR
19 March 20201 THB = 2.308 INR
20 March 20201 THB = 2.308 INR
23 March 20201 THB = 2.306 INR
24 March 20201 THB = 2.334 INR
25 March 20201 THB = 2.359 INR
26 March 20201 THB = 2.315 INR
27 March 20201 THB = 2.292 INR
30 March 20201 THB = 2.322 INR
31 March 20201 THB = 2.310 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.