Currency & Money in Thailand
Everything you need to know about the Thai Baht and managing money during your trip
Thai Baht (THB)
Official Currency
The Thai Baht is the official currency of Thailand. It is subdivided into 100 satang and has been the country's currency since 1897.
- Symbol: ฿
- Coins: 1, 2, 5, 10 Baht, 25, 50 Satang
- Banknotes: 20, 50, 100, 500, 1000 Baht
Current Exchange Rates
Exchange rates fluctuate daily. Below are the current rates for the Thai Baht against major world currencies:
Currency Exchange Rates
Note: These rates are for reference only. Actual rates at currency exchanges or banks may vary.
Using Money in Thailand
Cash
Cash is widely used in Thailand, especially in rural areas, small shops, and local markets. Most tourist destinations and larger establishments in cities will accept major credit cards, but for day-to-day expenses you'll need cash.
Pro Tips:
- Always carry small denominations for local transport and small purchases
- Count your change carefully, especially when exchanging large notes
- Keep some cash in different places (wallet, hidden pocket, hotel safe)
ATMs & Credit Cards
ATMs are widely available in cities and tourist areas. Most accept international cards and dispense local currency. Credit cards (especially Visa and Mastercard) are accepted at higher-end hotels, restaurants, and shops in tourist areas.
ATM Tips:
- Use ATMs in banks during business hours when possible
- Check for skimming devices before inserting your card
- Notify your bank about travel plans to avoid card blocks
- Check daily withdrawal limits with your bank
Credit Card Tips:
- Bring at least two different cards as backup
- Some places add a 2-3% surcharge for credit card payments
- Always pay in local currency when given the option
- Keep receipts until you're back home
Important: Always inform your bank about your travel plans to Thailand to prevent your cards from being blocked for suspicious activity.
Currency Exchange
You can exchange foreign currency at banks, authorized money changers, and at the airport. US Dollars, Euros, and British Pounds are typically the easiest to exchange throughout Thailand.
Best Places to Exchange Money:
Offer official rates but may have longer queues. Usually open weekdays from 9am to 3pm.
Convenient but typically offer less favorable rates than in the city.
Often found in tourist areas and may offer better rates. Always count your money.
Exchange Tips:
- Always check rates at multiple places before exchanging large amounts
- Keep exchange receipts until you leave Thailand
- Avoid street money changers to prevent counterfeit notes
- US Dollars typically get the best exchange rates
Tipping & Bargaining
General Tipping Guide:
- Restaurants: 10% if service charge not included
- Hotels: Small tip for porters and housekeeping
- Tour guides: Based on service quality and duration
- Drivers: Round up fare or 10% for good service
- Local transport: Round up to nearest convenient amount
Bargaining:
Bargaining is common in markets and with street vendors. It's generally not practiced in established shops, restaurants or for accommodation.
Start at around 60-70% of the initially quoted price and work your way up. Always negotiate in a friendly manner and be prepared to walk away if you can't reach a fair price.
Money Safety in Thailand
Thailand is generally a safe destination for tourists, but it's always wise to be cautious with your money and valuables while traveling.
Safety Do's:
- Use hotel safes for passports and extra cash
- Carry a day's worth of cash in an accessible pocket
- Keep emergency cash separate from your wallet
- Count your change carefully after transactions
- Keep photos of your cards and documents in secure cloud storage
Safety Don'ts:
- Flash large amounts of cash or expensive items
- Leave valuables unattended on beaches or in public
- Exchange money with unauthorized vendors
- Carry all your cash and cards together
- Let your card out of sight during transactions
If You Lose Your Cards or Wallet:
- Report lost/stolen cards immediately to your bank
- File a police report - tourist police can help with English support
- Contact your embassy or consulate if you've lost all funds
- Use money transfer services like Western Union for emergency funds
Frequently Asked Questions
Should I bring cash or rely on ATMs in Thailand?
It's best to bring some cash (US Dollars are ideal) for your initial expenses and emergencies, then use ATMs as needed. This gives you flexibility while avoiding carrying too much cash.
Can I use US Dollars in Thailand?
Some tourist establishments may accept US Dollars, but you'll generally need Thai Baht for most transactions. Always check the exchange rate they're offering if paying in dollars, as it may not be favorable.
How much cash should I carry daily?
This depends on your travel style and planned activities. Budget travelers might need less, while those planning shopping or dining at upscale venues should carry more. Always have some cash for emergencies.
Can I exchange Thai Baht back to my currency?
Yes, but you may need your original currency exchange receipts. The airport has exchange services for leftover local currency. It's best to plan your spending to minimize the amount you'll need to exchange back.
Quick Money Reference
Common Expenses (Approx)
- Budget meal฿ 50-150
- Mid-range restaurant meal฿ 200-500
- Bottle of water (1.5L)฿ 10-20
- Local transport฿ 10-50
- Taxi/ride share฿ 50-200
- Budget accommodation฿ 500-1,500
- Attraction entrance fees฿ 50-500
Daily Budget Guide
Money-Related Phrases
How much is this?
Nee tao rai? (Thai)
That's too expensive
Paeng gern pai (Thai)
Do you accept credit cards?
Chai credit card dai mai? (Thai)
Where is an ATM?
ATM yoo tee nai? (Thai)
Where it's Used
Loading map of Thailand...
Thai Baht is the official currency of Thailand
Quick Reference
Rates updated hourly
Related Information
Back to Thailand
Complete travel guide
💡 Money Tip
For the best exchange rates in Thailand, use ATMs from major banks rather than airport exchange counters.