Money in Thailand

December 8, 2010 in Money Thailand

Money in Thailand

: The currency of Thailand is the “Baht” .One Baht is divisible into 100 .

Major credit cards, american express, Visa and mastercard are accepted by hotels, shopping malls, farrang (forreigner) restaurants and other large shops, but as else where “hard cash” is the preferred way almost everywhere. Travelers checks are not widely accepted outside of hotels or tourist places, so change them for cash at a bank exchange, fond in any and every tourist destination.

The most common coins come in one, two, five and ten Baht pieces. The one, two and five Baht coins are silver, while the ten-Baht coin consists of a silver ring around a brass center. The 10 baht coin looks like a 1 euro coin..don’t get them mixed up.

Bills vary in size and color according to the value: 20 Baht is green,and the smallest, 50 Baht is blue, and slightl y bigger, the 100 Baht is red-ish, the 500 Baht is purple and of course the 1,000 Baht is brown/white and the largest bill.

All bills and all coins have a picture of His Majesty the King, and are therefore supposed to be shown some respect.