All information about finances in Thailand

The currency in Thailand is the Baht (symbol ฿). 1 Baht is divided in 100 Satang. The following coins and papermoney are used in Thailand:


  • 25 Satang

  • 50 Satang

  • 1 Baht

  • 2 Baht

  • 5 Baht

  • 10 Baht


  • 10 Baht

  • 20 Baht

  • 50 Baht

  • 100 Baht

  • 500 Baht

  • 1000 Baht

During your stay in Thailand there are different ways to get money. You can use your debit or credit cards at most banks, keep in mind that the cost of a withdrawal are 150THB in addition to the cost of your own bank. The Aeon Bank (ATM in a purple color) is an exception, they do not apply withdrawal costs. At those machines you only pay the cost of your own bank. To keep the cost of money withdraw in proportion it is advisable to withdraw larger amounts. If you have larger amounts please make sure to keep it safely in for example a moneypouch under your clothes or at the safe in your hotel.


In larger cities such as Bangkok and Chiang Mai (and other tourist locations), it is possible to pay with creditcards at hotels, shops and restaurants. Keep in mind that on a relatively large scale creditcard fraud takes place in Thailand. A safer option is therefore to withdraw money at a bank with your credit card and then pay in cash.


If you bring dollars or Euros to Thailand, you can best exchange them at a bank or currency exchange office. Banks and official exchange offices are located all over town, so do not use "unofficial" exchange offices on the street. At these exchange offices exchange rates are extremly high, so you get an unfavorable exchange rate offered. When changing money, it is also wise to accept only notes which are not damaged. Damaged notes can create problems when you want to pay with them. This problem will not occur when you use banks and official exchange offices.


At many tourist locations and markets, bargaining is very common and therefore advised. Don't be fooled into thinking that something which is sold on a market is unique. In many cases, this is not the case. Note that in the larger cities, non-tourist areas and regular stores prices are often fixed and negotation is uncommon. If you stay in Thailand outside the main tourist seasons, it is also possible to negotiate at your accommodation /stay, this, offcourse, only applies if you're on your own and have not pre-booked.