Compare our latest Thai baht rates from top travel money providers and find the best deals for your holiday spending.
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
We're on a mission to improve the finances of the nation by helping you to spend wisely and save money
By Laura Rettie, Personal Finance Journalist.
When looking for travel money, you want to make sure you're getting the best deal. Discover the latest Thai baht exchange rates and get the best deal for your next trip.
The Thai baht (THB) is the currency of Thailand and is the only country or territory to officially use the Thai baht.
The Thai baht can be ordered online from a number of providers who will give you the option of either delivery or collection. Online providers will often offer the most competitive exchange rates and lowest fees, but it's worth comparing different providers to ensure you get a good deal.
You'll likely find that you will get the best deal buying Thai baht before you leave, and it's a good idea to avoid exchanging currencies in airports, where exchange rates are notoriously poor. Major tourist areas in Thailand will have ATMs and shops, and restaurants that accept major credit and debit cards.
If you dislike travelling with a large amount of cash, you could consider a prepaid travel card, or if you're a regular traveller, a travel credit card could be a good option too. These cards will come with a locked-in exchange rate and are designed to be used abroad, so will also often have the lowest, or even no, foreign transaction fees.
Knowing how much cash to take on holiday can be tough, and we've all returned from a trip with leftover foreign currency.
Many providers will now offer a buyback guarantee. This is where they promise to buy back any THB you have left after your holiday for the same exchange rate you purchased it for.
When travelling to Thailand, an individual can take up to 50,000 THB and the equivalent of 20,000 US dollars in other currencies before having to declare it at customs.
Each Thai baht is divided into 100 satangs. Thai notes come in denominations of 20, 50, 100, 500 and 1,000 baht. Coins come in denominations of 25 or 50 satangs as well as 1, 2, 5 and 10 baht.
The information provided does not constitute financial advice, it’s always important to do your own research to ensure a financial product is right for your circumstances. If you’re unsure you should contact an independent financial advisor.
You are able to buy travel money with a credit card, but exchanging currency is often treated like a cash withdrawal and so could end up being costly. It's usually better to buy currencies with a debit card.
You'll often find the best exchange rates when ordering currency online. Like with any online transaction, though, you do need to be careful. As long as you order from a reputable provider, buying currencies online is completely safe. It's a good idea to compare your options, read customer reviews and make sure you use a reliable service.
