What is Thailand's Currency?
| Currency: | Thai baht |
| Currency code: | THB |
| Central Bank: | Bank of Thailand |
| Currency symbol: | ฿ (baht) |
| Bank notes: | ฿20, ฿50, ฿100, ฿500, ฿1000 |
The Thai baht has been the official currency of Thailand since 1897, although it is thought to have been in circulation since as early as the 1400s. The currency originated as a unit of weight of corresponding value and coins were originally denominated by weight.
When you first arrive, make sure you have some 5 and 10 baht coins to hand so you can get the best price possible for your taxi – if they see that you don’t have anything smaller than a 50 baht note, they may try to charge you more.
Tipping isn’t really expected in Thailand, except for the service charge you often find in restaurants and hotels. In that instance, you are safe rounding up to the nearest 20 baht.
Baht is among the ten most used currencies in the world, and each single baht consists of 100 satang, though most Thai sellers don’t tend to trade in satang.
Easy currency options, travel insurance and eSIMs for your trip
Thailand | Singapore |
|---|---|
| Thai baht | SG dollar |
Thailand | Singapore |
|---|---|
| Thai baht | SG dollar |
Travel insurance![]() |
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| Discover more with Cover-More travel insurance by your side. |
Thailand International eSIMs |
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| Choose from a range of eSIMs to suit your travel needs. |
THB Goes Further with the Travelex Money Card
- Our Travelex Money Card gives you better rates than Cash
- Receive even better rates when exchanging $2,000 and over
What to spend your baht on:
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A bottle of water
9.6 THB

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1-day metro adult pass in Bangkok
120 THB
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An elephant ride in Khao Yai
3400 THB

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A bottle of local beer
100 THB

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A scuba-diving course in Bangkok
5500 THB

Buying Thai Baht Online is Easy
Order Thai baht online, lock in the rate and collect at your local store or at the airport before you fly.
Frequently Asked Questions about Money in Thailand
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Where can I exchange AUD to Thai baht?
You can exchange AUD to Thai baht online before you travel or in-person at your nearest Travelex store. Alternatively, you can load THB onto a Travelex Travel Money Card and enjoy even better savings.
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How much Thai baht do I need per day?
For budget to mid-range travel, ฿1,500–฿3,000 per day (~$65–$130 AUD) is a common guide, excluding accommodation. Thailand is largely cash-based for markets, transport, and street food.
Learn more about Travelling to Thailand with our expert guide.
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What does Thai baht look like?
Thai baht banknotes are colour-coded by denomination and feature the King of Thailand. Coins come in several sizes and are commonly used for small purchases.
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