- Currency: Baht (or "THB", "B")
The Thai currency is called Baht. It's simply called "Baht" or
"Thai Baht".
("Thai Baht" sounds more specific, I guess, and I also often
call it "Thai Baht")
1 U.S. Dollar is about 33 Thai Baht (THB).
100 Japanese yen is about 31 Thai Baht (THB).(as of Jan in 2014)
Check out "Exchange Rate by Yahoo.com" to know more about Exchange Rate.
Prices are inexpensive compared in Japan, and you can have a light meal
with about 30 Baht (about 1 U.S. Dollar or 100 Japanese yen).
About fruits, 1kg is about 30 or 40 Baht, depending on the kind or the
freshness, though.
Related Links
- Finance & Banking (Phuket-discovery.com)
- The Thai currency is called Baht
It's simply called "Baht" or "Thai Baht".
("Thai Baht" sounds more specific, I guess, and I also often
call it "Thai Baht")
In Thai บาท, the sign is ฿ and the code is THB.
(฿ is a special character on the net and English Alphabet B is used
instead often.)
- Exchange rate
As of Jan in 2014, 1 U.S. Dollar is about 33 Thai Baht (THB).
100 Japanese yen is about 31 Thai Baht (THB).
Check out "Exchange Rate by Yahoo.com" to know more about Exchange Rate.
Roughly speaking,
Baht x 3 /100 = U.S. Dollar
U.S. Dollar /3 * 100 = Baht
Let's say, when you spend 100 Baht in Thailand, that means you spend 3
U.S. dollar (100 Baht x 3 / 100). Likewise, if you spend 1000 Baht, that
means you spend 30 dollar (1000 Baht x 3 / 100).
- Banknotes (6 kinds)
1000 Baht, 500 Baht, 100 Baht, 50 Baht, 20 Baht, 10 Baht
(I never seen 10 Baht bill, though)
- Coins (6 kinds)
10 Baht, 5 Baht, 2 Baht, 1 Baht, 50 Satang, 25 Satang
(1Baht = 100 Satang)
- Keep small bills !
When you go on a trip to Thailand, it's better to have small bills (100
Baht or less) of Thai Baht more than big bills (1000 Baht).
You'll see but when you buy something, it's okay if it's at a big store
but if in a small shop along a street or a market, they sometimes don't have enough for change or they go somewhere to change a big banknote into small and you have
to wait for a long time.
When I go and exchange from Japanese Yen to Thai Baht, I always tell them to give me small bills more. 20 Baht bills are important for me because I use 20 Baht as a tip to a bellboy at a hotel when he carry my bags or something for me.
- How about prices in Thailand ?
I don't know if it's compared to things in U.S. but I feel cheaper than
in Japan. You can have something to eat around 50 Baht (1.5 dollars).
About fruits, it depends on the kind or how fresh but 1kg is 30 to 40 Baht
(about 1 dollar).
Electric appliances or products from overseas are as expensive as in Japan
or much more (cars are much more expensive !). However, very roughly speaking,
it costs 1/3 for going around compared in Japan.
For example, let's say, you shop something at 1,000 Baht.
1,000 Baht is about 3,000 yen, and the price of commodity in Thailand is
about 1/3 compared in Japan, that is, 1,000 Baht shopping values almost
10,000 yen (about 9,000yen) !
I still don't realize the value of money in Thailand, be careful not to spend too much while you don't notice it even though
they are not expensive. (in various meanings)
|