Thai Baht (THB, ฿, บาท) is the currency of Thailand and it is divided into 100 Satang (สตางค์).
You can check today’s exchange rate here.
Things you should know about money in Bangkok
Types of Thai Baht
There are 4 types of Banknotes; ฿20, ฿50, ฿100, ฿500 and ฿1000. It’s good to have ฿20, ฿50, ฿100 in your pocket as many places don’t give changes to ฿500 and ฿1000.
For coins, there are 6 types; ฿10, ฿5, ฿2, ฿1, 50 Satang and 25 Satang (100 Satang equals ฿1). You will probably have to use the first 4 types more often than you think but for the last two, it will be very rarely.
Exchanging Cash in Bangkok
If your transaction is small, exchanging cash with banks is a good option as they have many branched and it will be convenient for you. However, it would be better to go to currency exchange services like SuperRich if you transaction is large or you are close to the stores. They normally give better rates.
You can easily find ATMs in Bangkok, especially in Bangkok City Center. They accept both debit and credit cards from major banking networks; VISA, Master Card, AMEX and others.
You will be charged for 180 Thai Baht when you withdraw cash from ATMs with foreign debit and credit cards.
The maximum amount of money you can withdraw each time is 20,000 Thai Baht.
Money at the airports
After landed, you probably need Thai Baht to pay for taxi, bus or Airport Rail Link. Below are the suggestions on money at the airports.
There are 2 banks that are operating at Suvarnabhumi airport; Siam Commercial Bank and Kasikorn Bank. You can either exchange cash from their counters or withdraw money from ATMs around Suvarnabhumi airport.
Rates from banks are normally not the best. Therefore, it is recommended for you to go down to the B floor (Airport Rail Link Floor) to exchange cash with other currency exchange services as they normally give better rates. There are 3 companies operating at Suvarnabhumi airport; SuperRich, Value+ and Yenjit Exchange. They are located very near each other so you can easily check out who gives the best rate.
There are 3 banks that are operating at Donmueang airport; Krung Thai Bank, Siam Commercial Bank and Kasikorn Bank. They are located on the 1st floor, outside terminal 1.
There are also plenty of currency exchange services from banks and ATMs on the 1st and 3rd floor inside and outside terminal 1.