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FedoraCoin to Thai Baht Converter and calculator

Convert 1FedoraCoin (TIPS) to Thai Baht (THB) equals ฿ 0.0001455 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of FedoraCoin(TIPS) to Thai Baht(THB). This is the real-time data. The current conversion shows 1 TIPS at a value of 1 TIPS for 0.00 THB . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

THB information

About the Thai Baht (THB)

What Is the Thai Baht (THB)?

The Thai Baht (THB), symbolized as ฿, is the official currency of the Kingdom of Thailand. The term "Baht" refers to both the currency itself and a unit of weight for gold, which is traditionally used in Thailand. The currency is divided into 100 smaller units known as satangs. The Thai Baht is the sole legal tender in Thailand, and it is used for all transactions within the country.

The Thai Baht is issued by the Bank of Thailand, which is the central bank of Thailand. The Bank of Thailand is responsible for the printing and minting of banknotes and coins, respectively, as well as for managing the country's monetary policy and maintaining the stability of the national currency. The Bank of Thailand was established in 1942 and has since been the sole authority for issuing the Thai Baht.

What Is the History of THB?

The baht, one of the oldest currencies, dates back to the 13th century. Originally based on a unit of mass (15 grams of silver), it transitioned to a decimal-based system in the late 19th century. The baht's value was once pegged to various currencies, including the British pound, Japanese yen, and the US dollar, before floating freely in the foreign exchange market post-1997 Asian Financial Crisis.

Notes and Coins of THB

Coins come in denominations of 1, 5, 10, 25, and 50 satangs, as well as ฿1, ฿2, ฿5, and ฿10. Banknotes are issued in denominations of ฿20, ฿50, ฿100, ฿500, and ฿1,000. Each banknote features a portrait of the country’s King, King Maha Vajiralongkorn, on the obverse side, and images of preceding rulers on the reverse.

Economic Significance

Despite political unrest, the Thai baht was one of the best-performing currencies in the forex market as of now. Thailand's economy, heavily reliant on exports (computers, electrical appliances, textiles, jewelry), fishing, agriculture, and tourism, accounts for about 66% of its GDP. The baht's strength reflects Thailand's economic growth, which, despite a slowdown post-1997, has significantly reduced poverty and elevated the country to an upper-middle-income status.

Exchange Rate and Value

Historically, the baht's value has seen significant shifts. For instance, during the 20th century, it fluctuated between 11 and 22 baht per British pound and was pegged at 20 baht = 1 USD in the mid-1950s, adjusting to 25 baht = 1 USD during the Reagan presidency. Post-1997 crisis, the USD/THB rate soared to 56 baht per USD, but as of 2024, it stabilized around 35 baht per USD.

Is THB Pegged to USD?

The Thai Baht (THB) is not pegged to the US Dollar (USD). Thailand adopted a floating exchange rate system for the Baht following the Asian Financial Crisis in 1997. Prior to this crisis, the Baht was pegged to the US Dollar, but the peg was abandoned in response to the financial pressures and economic conditions of the time.

Under the floating exchange rate system, the value of the Thai Baht is determined by market forces, primarily supply and demand dynamics in the foreign exchange market. This means that the Baht's exchange rate against the US Dollar and other currencies can fluctuate based on a variety of economic factors, including Thailand's economic performance, interest rates, inflation, and global economic conditions.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular FedoraCoin currency pair is the TIPS to THB, with for FedoraCoin's currency code being TIPS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for THB.

TIPS to THB conversion rate trend

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In the past 1D, FedoraCoin has changed +2.97% to THB. Based on the trend and price charts, FedoraCoin(TIPS) has changed +2.97% to THB while Thai Baht(THB) has changed % to TIPS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
฿0.0001454
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
฿0.0001455
0.1000% / 0.1000%
Yes
Last updated 2024/11/16 16:00:13(UTC+0)

How to buy FedoraCoin

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy FedoraCoin (TIPS)
Use a variety of payment options to buy FedoraCoin on Bitget. We'll show you how.

Buy TIPS (or USDT) for THB (Thai Baht) offers

Bitget P2P trading does not currently support direct buying of TIPS with THB. However, you can buy USDT in Bitget P2P trading first, and then buy TIPS with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell TIPS (or USDT) for THB (Thai Baht) offers

Bitget P2P trading currently does not support direct selling of TIPS to THB. However, you can first exchange TIPS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of FedoraCoin to Thai Baht?

FedoraCoin to Thai Baht is rising this week.
FedoraCoin's current market price is ฿ 0.0001455 per TIPS, with a total market cap of ฿ 30,880,086.46 THB based on a circulating supply of 212,269,860,000 TIPS. The trading volume of FedoraCoin has changed by -39.11% (฿ -126,927.74 THB) in the last 24 hours. Last trading day, TIPS's trading volume was ฿ 324,540.37.
Market cap
$887.42K
24h volume
$5.68K
Circulating supply
212.27B TIPS

Conversion tables

The exchange rate of FedoraCoin is increasing.
1 TIPS is currently valued at ฿ 0.0001455 THB , which means buying 5 TIPS will cost ฿ 0.0007274 THB . Similarly, ฿1 THB can be traded for 6,874 TIPS, and ฿50 THB can be converted to 343,700.24 TIPS, excluding any platform or gas fees.
The exchange rate of 1 TIPS to Thai Baht has changed by +65.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.97%, reaching a high of 0.0001496 THB and a low of 0.0001392 THB . One month ago, the value of 1 TIPS was ฿ 0.{4}9072 THB , which represents a +60.36% change from its current value. Over the last year, FedoraCoin has changed by
-฿
0.{4}1268THB
, resulting in a change of -8.02% in its value.

TIPS to THB

Amount
21:36 today
0.5 TIPS
฿0.{4}7274
1 TIPS
฿0.0001455
5 TIPS
฿0.0007274
10 TIPS
฿0.001455
50 TIPS
฿0.007274
100 TIPS
฿0.01455
500 TIPS
฿0.07274
1000 TIPS
฿0.1455

THB to TIPS

Amount21:36 today
0.5THB3,437  TIPS
1THB6,874  TIPS
5THB34,370.02  TIPS
10THB68,740.05  TIPS
50THB343,700.24  TIPS
100THB687,400.49  TIPS
500THB3,437,002.44  TIPS
1000THB6,874,004.89  TIPS

Today vs. 24 hours ago

Amount21:36 today24 hours ago24h change
0.5 TIPS$0.{5}2090$0.{5}2030
+2.97%
1 TIPS$0.{5}4181$0.{5}4060
+2.97%
5 TIPS$0.{4}2090$0.{4}2030
+2.97%
10 TIPS$0.{4}4181$0.{4}4060
+2.97%
50 TIPS$0.0002090$0.0002030
+2.97%
100 TIPS$0.0004181$0.0004060
+2.97%
500 TIPS$0.002090$0.002030
+2.97%
1000 TIPS$0.004181$0.004060
+2.97%

Today vs. 1 month ago

Amount21:36 today1 month ago1M change
0.5 TIPS$0.{5}2090$0.{5}1303
+60.36%
1 TIPS$0.{5}4181$0.{5}2607
+60.36%
5 TIPS$0.{4}2090$0.{4}1303
+60.36%
10 TIPS$0.{4}4181$0.{4}2607
+60.36%
50 TIPS$0.0002090$0.0001303
+60.36%
100 TIPS$0.0004181$0.0002607
+60.36%
500 TIPS$0.002090$0.001303
+60.36%
1000 TIPS$0.004181$0.002607
+60.36%

Today vs. 1 year ago

Amount21:36 today1 year ago1Y change
0.5 TIPS$0.{5}2090$0.{5}2272
-8.02%
1 TIPS$0.{5}4181$0.{5}4545
-8.02%
5 TIPS$0.{4}2090$0.{4}2272
-8.02%
10 TIPS$0.{4}4181$0.{4}4545
-8.02%
50 TIPS$0.0002090$0.0002272
-8.02%
100 TIPS$0.0004181$0.0004545
-8.02%
500 TIPS$0.002090$0.002272
-8.02%
1000 TIPS$0.004181$0.004545
-8.02%

FedoraCoin price prediction

What will the price of TIPS be in 2025?

Based on TIPS's historical price performance prediction model, the price of TIPS is projected to reach $0.{5}3986 in 2025.

What will the price of TIPS be in 2030?

In 2030, the TIPS price is expected to change by -2.00%. By the end of 2030, the TIPS price is projected to reach $0.{5}6171, with a cumulative ROI of +66.66%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between FedoraCoin and THB.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as FedoraCoin and THB. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of FedoraCoin in THB, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.