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The Thai unit of currency is the Baht
(symbol ฿). 1 Baht is divided into 100 Satang. Note are
in denominations of 1,000, 500, 100,
50
and 20 Baht. Coins consist of 25 Satang, 50
Satang (rarely used), 1 Baht,
2 Baht, 5 Baht and 10 Baht.
All bills and all coins have a picture of His Majesty
the King, and are therefore supposed to be shown some
respect.
Click here
for a detailed description and pictures of the Thai
currency.
Major currency bills and cheques are
cashed at many hotels, banks, tourist shops and exchange
points. These can be found everywhere around major city
locations, tourist areas and department stores.
Travelers cheques are changed at banks and money
changers which close usually around 5pm or 10pm,
depending where it is located.
Paying with credit cards |
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Thai money with the portrait of H.M.
King Bhumibol Adulyadej. |
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Any purchase made with a Visa, Master
Card, American Express or and any other credit cards are
charged a 2-5% fee on international transactions by your
representative bank. Also, many shops that accept credit
cards add a 3 (for Visa) to 5% (American Express)
surcharge for any purchase made. These surcharges are no
extra-foreigner charges or any of that kind. They simply
are the fees that credit card companies charge the
merchant for handling the transaction for them.
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Thai Baht Exchange Rate