Thailand, Currency

The baht (บาท, symbol ฿, ISO 4217 code THB) is the official currency of Thailand. It is divided into 100 satang. The issuance of currency is the responsibility of the Bank of Thailand. Baht is also a unit of gold measure and is used commonly in jewellers and goldsmith in Thailand, 1 baht = 15.244 grams. (15.244 gramme is used for "raw" gold or bullion; in the case of jewelery, one baht should be more than 15.16 grammes). Read more

I want to convert:

Source: FOREX Bank

Source: ECB

A currency is a unit of exchange, facilitating the transfer of goods and services. It is a form of money, where money is defined as a medium of exchange (rather than e.g. a store of value). A currency zone is a country or region in which a specific currency is the dominant medium of exchange. To facilitate trade between currency zones, there are exchange rates i.e. prices at which currencies (and the goods and services of individual currency zones) can be exchanged against each other. Currencies can be classified as either floating currencies or fixed currencies based on their exchange rate regime. In common usage, currency sometimes refers to only paper money, as in "coins and currency", but this is misleading. Coins and paper money are both forms of currency. Read more

Most popular

Converters by family

Language

Thailand, Currency

Europe

North america

Asia

Oceania

Africa

South America