Thai Baht (THB) - Profile, History, and Exchange Information

Thai Baht

The Thai Baht is an essential currency in Asia, particularly due to Thailand’s strong tourism sector, manufacturing industry, and agriculture exports. Thailand is one of the top tourist destinations in the world, making the Baht a commonly exchanged currency for travelers.

Additionally, Thailand is a major exporter of rice, electronics, textiles, and automobiles, further increasing the demand for its currency in global trade. The Bank of Thailand regulates the Baht to maintain stability, especially in times of economic fluctuation.

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Importance of the Thai Baht

About Thai Baht

The Baht has a long history, originating from an ancient weight-based monetary system before evolving into a modern currency. It was pegged to silver in the past and later linked to foreign currencies like the British Pound and US Dollar. Since 1997, it has operated under a floating exchange rate system.

The Baht is widely accepted in neighboring countries such as Cambodia, Laos, and Myanmar, particularly in border areas and tourist hotspots.

Thai Baht Stats
Name	Thai Baht
Symbol	฿
Code	THB
Minor Unit	1/100 = Satang
Top THB Conversion	Top THB Conversion

Thai Baht Profile

Nicknames

Baht, Thai Baht

Coins

Freq used: 1 ฿, 2 ฿, 5 ฿, 10 ฿

Rarely used: 1, 5, 10, 25, and 50 satang (subunits of the Baht)

Bank notes

Rarely used: Freq used: ฿20, ฿50, ฿100, ฿500, ฿1000

Central bank

Bank of Thailand