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Thailand Currency Name and Symbol

Thailand, officially known as the Kingdom of Thailand, is a beautiful country located in Southeast Asia. It is famous for its stunning beaches, vibrant street markets, rich cultural heritage, and delicious cuisine. If you are planning a trip to Thailand or have an interest in its economy, it is essential to familiarize yourself with the country’s currency. In this blog post, we will explore the Thailand currency name and symbol, providing you with a comprehensive understanding of the monetary system in Thailand.

Introduction to Thai Baht

The official currency of Thailand is the Thai Baht (THB). It has been the primary currency of the country since 1897, replacing the previously used tical. The Thai Baht is widely accepted throughout Thailand and is essential for day-to-day transactions, including shopping, dining, transportation, and accommodation.

Thai Baht Symbol

The symbol for Thai Baht is ฿ (pronounced as “Baht”). The Unicode representation for the Thai Baht symbol is U+0E3F. The symbol is a combination of the Thai character “฿” with two short vertical lines on the left side, representing the capital letter “B.” The design of the symbol reflects the influence of the Thai language and culture.

Thai Baht and Satang

In addition to Thai Baht, there is also a subunit of currency called Satang. One Baht is equivalent to 100 Satang. However, Satang coins are not commonly used in everyday transactions in Thailand and are rarely seen. The Baht, represented by its symbol ฿, is the predominant form of currency used in the country.

Banknotes and Coins

The Thai Baht is available in both banknotes and coins. The banknotes come in denominations of 20 Baht, 50 Baht, 100 Baht, 500 Baht, and 1,000 Baht. Each denomination features different colors and designs. The front side of the banknotes typically displays an image of the Thai King, while the back side highlights various aspects of Thai heritage and landmarks.

Thai Baht Banknote Denominations
Denomination Color Dimensions (mm)
20 Baht Green 138 x 72
50 Baht Blue 138 x 72
100 Baht Red 138 x 72
500 Baht Purple 138 x 72
1,000 Baht Beige 162 x 80

Thai Baht coins come in denominations of 1 Baht, 2 Baht, 5 Baht, and 10 Baht. The coins are made from various metals, including copper-plated steel, nickel-plated steel, and bi-metallic compositions. The front side of the coins typically features images of past Thai kings, while the back side displays different representations of Thailand’s cultural heritage.

Thai Baht Coin Denominations
Denomination Material Diameter (mm)
1 Baht Copper-plated Steel 25
2 Baht Nickel-plated Steel 24
5 Baht Nickel-plated Steel 26
10 Baht Bi-metallic 22.5

Currency Exchange

If you are traveling to Thailand from a foreign country, you will need to exchange your currency for Thai Baht. Currency exchange services are available at airports, banks, and licensed exchange booths throughout the country. It is advisable to compare exchange rates to ensure you get the best value for your money. Additionally, using reputable exchange services and avoiding unregulated street vendors is recommended to avoid scams or receiving counterfeit currency.

Conclusion

Understanding the currency of a country is vital, especially if you are planning a trip or have an interest in its economy. The Thai Baht, with its distinctive symbol ฿, is the official currency of Thailand. It is available in banknotes and coins, with each denomination showcasing unique designs and colors. Being aware of the different Baht denominations and their corresponding values will enable you to navigate Thailand’s financial landscape with ease.

So, before you embark on your Thai adventure, make sure to familiarize yourself with the Thai Baht. Knowing the currency name and symbol will not only help you in your daily transactions but also enhance your overall experience in this captivating country.

For more information on the Thai Baht and its history, you can refer to the Bank of Thailand’s Money Museum.

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