Thai Baht

When travelling to Thailand, it is important to know a little about the currency. The Thai Baht (THB) is the official currency of Thailand and is subdivided into 100 satang. Banknotes come in denominations of ฿20, ฿50, ฿100, ฿500 and ฿1000, while coins come in 1, 2, 5 and 10 baht denominations. The Thai Baht has a long history, dating back to the 13th century when it was first used as a unit of exchange. The Baht was originally made of silver, but this was later replaced by copper and, finally, by bronze. In 1897, the Thai Baht was officially made the country’s currency, replacing a complex system of units of exchange. Today, the Thai Baht is a strong and stable currency, with an exchange rate that has remained relatively steady over the past few years. In fact, the Thai Baht is one of the most traded currencies in Southeast Asia. If you’re planning a trip to Thailand, it’s a good idea to familiarize yourself with the Thai Baht. Knowing a little about the currency will help you budget your trip and make the most of your money.