I want to travel to Thailand. What currency is circulating in Thailand?

Thai baht is the official currency of Thailand and is issued by the Bank of Thailand, the central bank of Thailand. 1 Thai baht is equivalent to 100 sadang (the monetary unit of Thai baht is not explained below). The denominations of Thai baht are 1, 2, 5, 10, 20, 50, 100, 500, 1000, 50 chardonnay and 1, 5,1. There are seven kinds of banknotes in circulation, namely 5, 10, 20, 50, 100, 500, 1000 baht, 1 5, 10, 25, 50 sadang,/. On the front of each coin, King bhumibol adulyadej of Thailand? It's the cast. Avatar. 1937, the official price of Thai baht is 2. 17 ~ 2. 18, which is equal to 1 USD.

The monetary unit in Thailand is "Thai baht", including 20, 50, 100, 500, 1000, 1, 5, 10, 25, 50 sadang, 1, 2, 5. 1 Thai baht equals 100 Sadang. When traveling, there are more than 2,000 POS machines in Bangkok, Phuket, Pattaya and other stores in Thailand that can be swiped with UnionPay credit cards. Credit card has a credit limit, which may lead to high expenses because it exceeds the credit limit. It is recommended to use a savings card for large purchases.

Thai baht issue history:

Before 1897, 1 Thai baht was equal to 8 Fuang, and 1 Fuang was equal to 8att. The current decimal system (that is, 1 Thai baht equals 100 Sadan) was formulated by Rama V. However, before 1940s, it was called Tika, which was later renamed as Thai baht. It turns out that Thai baht is a unit of weight, equivalent to 15g. Because one teka is equivalent to 15 grams of silver, it is simply named baht. 1902165438+1October 27th, the Thai baht was no longer linked to pure silver, because the price of silver depreciated sharply against the gold standard currency. On September 19 of that year, Thailand issued the first batch of banknotes with face values of 5 10, 20, 100 and 1000 Tikal respectively. In May of 1946, the official exchange rate is set as follows: 9.9 5 baht is equal to 1 USD and 40 baht is equal to 1 GBP. 1947 In March, the Thai government recognized the free market exchange rate and adopted a differential exchange rate for import and export trade settlement, ranging from 9.95 to 23.60 baht to 1 USD. 1949 September 18, the pound depreciated, and on September 26th, the Thai baht depreciated by 30.5%. The official price against the US dollar was reduced to 12.50 baht, equivalent to 1 US dollar, and the free market exchange rate was 23. 54 baht, equivalent to 1 USD. On March 1955, the Thai baht depreciated again. 1963 announced that the gold content of Thai baht was 0.0427245g, and the official exchange rate 1 USD was equal to 20.80 baht, so the floating exchange rate was stopped. Since 197 1, the Thai baht has been depreciating since the dollar stopped being freely convertible and devalued. After the US dollar depreciated again in February 12 and 1973, the Thai government announced in February 14 that it was still linked to the official exchange rate of the US dollar, that is, it depreciated with the US dollar 10%. In April 1973, it was announced that the gold content of Thai baht dropped to 0.0354 164g. On July 15, it was announced that the gold content of Thai baht rose to 0.03683 1 1g, and the official exchange rate was changed to 1 USD, which was equal to 20 baht. On March 8, 1978, the government announced that the Thai baht was decoupled from the US dollar and linked to the currency. The Foreign Exchange Equalization Foundation announced the buying and selling prices of Thai baht against US dollars, and restricted the foreign exchange trading prices of commercial banks. 1 984165438+1October 5, the Thai baht depreciated 14.8%, and the official exchange rate1USD was 27. 15 baht. Since then, the Thai baht has appreciated, and the reserve price is 190 USD to 25.20 baht. From World War II to 1980, the Thai baht was pegged to the US dollar, and the exchange rate was fixed at 20 baht 1 US dollar. Due to the continued strength of the United States, Thailand devalued the Thai baht to 25 baht on 1985 until the Asian financial crisis broke out on July 2, 1997. 1998 65438+ 10, the Thai baht changed to a floating exchange rate, and immediately depreciated by half to 56 baht against the US dollar. After that, it rose to 40 baht 1 USD. From the end of 2006 to the beginning of 2007, driven by the rapid development of Thailand's export industry, the Thai currency experienced a period of "skyrocketing", and the exchange rate against the US dollar changed from 39 to 34 (April 2007), which made the tourism industry experience fluctuations. ? Exchange rate settlement? 1 Thai baht =0. 1865 RMB.

1 RMB =5.3627 baht

It can be exchanged in China shops and markets in Thailand, and the exchange rates at other exchange points are even lower. There are many private exchange shops in the street, and the exchange rate of US dollar is 1 US dollar =33.2800 baht. There are not many banks in China that can exchange Thai baht. Generally, you can exchange Thai baht at Bank of China, Industrial and Commercial Bank of China and Agricultural Bank of China? Some city outlets need to make an appointment to exchange goods. UnionPay cards can withdraw Thai baht from most ATMs in Thailand, and the exchange rate is good. You can refer to the UnionPay exchange rate. UnionPay cards use ATM in Thailand. The acquirer in Thailand will charge a handling fee of 50 baht for each transaction, and the card issuer in China will also charge a part of the handling fee. Some banks will also waive overseas cash withdrawal fees. ? Picture introduction of circulating Thai baht: