INFORMATION ABOUT THAI BAHT
We show the updated today’s value/price of Thai Baht (THB).You can get the exchange from Thai Baht to another currency by introducing the value or amount of Thai Baht (THB) in the box and clicking the convert button. This way you can get the Thai Baht price in relation to other currencies.
INTRODUCTION TO THE THAI BAHT
The Thai Baht is the national currency of Thailand since 1897. This currency could not be exchanged in foreign banks for foreign currency but it must be exchanged for Thai Offshore Baht (THO). It is used by approximately 70 million six hundred sixty people. You can check the today value of the Thai Baht and check its price.
Baht was the Thai name of the currency which coexisted with the Tical in Thai territory, since 19th century.
The Bank of Thailand is the Central Bank of Thailand created in 1942. Among its functions there are to print and issue the coins and bills and other security documents, to promote the stability and the formulation of monetary policies. It is also responsible for act as the recorder of government bonds, to manage the exchange rate in the system of exchange rate and to manage the assets of the foreign exchange reserves according to the Exchange Act. It also supervises and reviews the financial institutions.
Countries that use the currency: Thailand
Bills: ฿ 20, ฿ 50, ฿ 100, ฿ 500, ฿ 1000
Coins: satang = 1/100 of Ba. 1, 5, 10, 25, 50 satang. ฿ 1, ฿ 2, ฿ 5, ฿ 10
Issuing Agent: Bank of Thailand Web: http://www.bot.or.th/