Thailand is a wonderful country located in Southeast Asia. A large number of tourists flock here every year. Those who are going here for the first time may wonder: what is the currency in Thailand?
The Thai baht is the country's national currency and is equivalent to 100 satang. It is designated by the TNV symbol and a digital code - 4217.
As in most countries, currency in Thailand is circulated in the form of coins and bills. Coins are available in denominations of 25 and 50 satang (satang - 1/100 of a baht), as well as 1, 2, 5 and 10 baht. Banknotes are circulated in denominations of 20, 50, 100, 500 and 1000 baht.
Thai baht course
During the deterioration of macroeconomic indicators in Russia, the Thai baht caught up with the ruble in price, and then sharply went ahead, and even surpassed it greatly. Today the ruble has become much lighter, and a 1: 1 conversion is now simply impossible. To convert Thai baht into our native rubles, you need to multiply the number of baht by about 2.5: so 100 baht will be about 250 rubles.
What currency to take to Thailand
You can take dollars or euros, you will not get a big difference in the exchange of these currencies for baht - this is perhaps the standard answer to tourists traveling to different countries. Since euros and dollars are the most popular exchange currencies in many countries of the world.
The only advantage is that the dollar rate for large banknotes (50 or 100) is higher than that of small denomination banknotes. Therefore, it is more profitable to take on a trip only large banknotes.
Currency exchange in Thailand
Above was the answer, what is the best currency to take with you to this wonderful country. As for the exchange of foreign currency for local, then there should be no problems.
You can exchange currency in various institutions - airports, banks, specialized exchange offices, etc. Before the exchange, it is necessary to clarify the commission, because they may differ at different exchange offices.
Importing currency into Thailand
Thai Customs allows the import and export from the country of any amount of Thai and foreign currency. When exporting national currency from 50,000 baht and above from the country, it must be declared without fail.
The restriction applies only to the export of funds to Laos, Myanmar, Cambodia, Malaysia and Vietnam. The amount of exported cash must not exceed 500,000 baht.
The import and export of foreign funds, the equivalent of more than $ 20,000, is declared.
