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Country Guide > South-East Asia > Thailand


Money

Currency
Baht (Bt) = 100 satang. Notes are in denominations of Bt1000, 500, 100, 50, 20 and 10. Coins are in denominations of Bt10, 5 and 1, and 50 and 25 satang. In addition, there are a vast number of commemorative coins which are also legal tender.

Currency exchange
Foreign currencies can be exchanged at banks (which have the best rates), hotels (which charge high commissions) and, in larger towns, bureaux de change (generally open 0800-2000). Outside large towns and tourist areas, notes higher than Bt500 may be difficult to exchange, so visitors are advised to carry small change.

Credit & debit cards
American Express, MasterCard and Visa are widely accepted, while Diners Club has more limited use. Check with your credit or debit card company for details of merchant acceptability and other facilities which may be available.

Travellers cheques
Accepted by all banks and large hotels and shops. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars, Euros or Pounds Sterling.

Currency restrictions
The import and export of local currency is limited to Bt50,000 per person or Bt100,000 per family holding one passport. The import and export of foreign currency is unlimited.

Exchange rate indicators
The following figures are included as a guide to the movements of the Baht against Sterling and the US Dollar:
DateMay '04Aug '04Nov '04Feb '05
1.00=71.7676.5174.7372.82
$1.00=40.1841.5339.4638.56


Banking hours
Mon-Fri 0930-1530.
   
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