The current favourable baht exchange rate makes Thailand an inexpensive country to visit. British travellers can enjoy the beautiful landscape and great beaches at a relatively low cost.
Thailand Currency
Baht is the currency used in Thailand and the smallest unit is called a Satang. One hundred Satang is equal to one Baht. Baht notes are available in the following denominations, 20 Baht (green note), 50 Baht (blue note), 100 Baht (red note), 500 Baht (purple note) and 1000 Baht (beige note). The brass coins used in Thailand are 25 Satang coin, 50 Satang coin, 1 Baht coin, 2 Baht coin, 5 Baht coin and 10 Baht coin. You are no longer able to purchase anything with simply Satang as goods and services are more expensive. All Thai currency has a picture of his Majesty the King of Thailand on as a sign of pride and respect.
When you travel to Thailand always carry Baht notes in smaller denominations as shops and taxi drivers are unlikely to be able to give change for the larger 500 and 1000 Baht notes. If you are carrying larger notes you will be able to change these at most large hotels or chain convenience stores.
Thai Exchange rates
To get the best Thailand Baht exchange rate you must buy your travel money in advance of your trip. You can order Thai currency online or by visiting your local bank or travel agent, you will find that online providers offer a more competitive rate than the high street. If you leave buying your bahts until the last minute you will find yourself feeling rather short changed! To get the best baht exchange rates visit our Comparison table now to see what rates are being offered by the UK’s leading currency providers.
If you do run out of Bahts whilst in Thailand there are many ATM’s where you can withdraw money. Alternatively you can convert US Dollars or British Pounds and Euros into Thai Baht at a Thai Bank or Bureau de Change, although the latter are often difficult to find. Thai Banks generally open from 9.00am to 3.30pm Monday to Friday (They are closed on national holidays). You will find branches of Bangkok Bank, Thai Farmers Bank, Siam Commercial Bank and Krung Thai Bank (the main Thai banks) throughout the country. Most Thai banks will charge a commission and also a duty for cashing traveller’s cheques. If you can aim to plan your budget in advance and obtain your currency beforehand to ensure you get the most Baht for your pound!
At Compare Currency we trawl the high street and online every day to find the best exchange rates. Although Thai Bahts are not included on the main comparison table, the table can still be used to find who is offering the most competitive exchange rates on that day. All you will need to do once you have found your preferred provider is to click on more currencies.
Buy baht online now.