Thailand attracts millions each year with its stunning landscapes, rich history, and vibrant culture. Whether you’re a tourist soaking up the sun on pristine beaches, an expat experiencing an exotic lifestyle, or someone simply sending financial support back home, knowing about the local currency—The Thai Baht—is essential.
The Thai Baht
Thai Currency: The Basics
The Thai Baht, denoted by the symbol ฿ and the international currency code THB, is the primary currency used in Thailand. Unlike many currencies that are divided into 100 cents, the Baht is divided into 100 satang, though these are rarely encountered in daily commerce due to their low value.
Looking to stay informed on dynamic currency conversion rates from AUD to BHT? Use our Thailand currency converter.
Denominations
The Baht offers a variety of notes, each depicting significant Thai royalty, which helps demystify your cash transactions in Thailand:
- 20 Baht (฿20): This blue note, featuring King Rama IX, is frequently used for minor purchases like street food or local transport.
- 50 Baht (฿50): The green note with King Bhumibol Adulyadej (Rama IX) is commonly used for intermediate expenses such as local meals or market purchases.
- 100 Baht (฿100): The red note depicting King Maha Vajiralongkorn (Rama X) is versatile for dining out or entry fees to tourist attractions.
- 500 Baht (฿500): Featuring Queen Sirikit, this purple note is handy for shopping or covering more substantial costs.
- 1000 Baht (฿1000): The largest denomination, this light brown note showcases King Rama IX and is ideal for major transactions like hotel accommodations or luxury purchases.
A Brief History and Notable Facts
The Thai Baht’s journey began in the 15th century, deeply intertwined with Thailand’s royal heritage. Today’s banknotes are not only a means of transaction but also a celebration of Thailand’s royal history, adorned with intricate artwork and portraits that tell tales of the nation’s rich cultural fabric.
Currency Exchange in Thailand
Exchange Offices over ATMs
For the savvy traveler, choosing where to exchange currency in Thailand is key. Typically, local exchange offices offer more competitive rates than ATMs, which may not update their exchange rates daily and often charge transaction fees. Locating a reliable money exchange office in Thailand, which are generally available in tourist areas, major cities like Bangkok and Phuket, and even at airports, can lead to better savings and a smoother travel experience. For accurate rates and planning, check out our BHT/AUD currency converter.
For the most accurate and up-to-date rates, consider using our AUD to BHT currency converter before making any exchanges.
Sending Money to Thailand with Western Union
Western Union offers a fast, reliable, and convenient way to send money to Thailand, whether you’re supporting family or managing property expenses. With options to transfer funds online, through our Mobile App, or in person, Western Union provides flexibility for how your recipients can receive the money—either directly into their bank accounts or by picking it up in cash at any of the 6,100+ Western Union agent locations across Thailand. Register now or use our Mobile App to get started.
Common FAQs about the Thai Baht and Western Union Transfers
What is the best way to send money to Thailand?
The best way to send money to Thailand is through reliable money transfer services like Western Union, which offer both online and in-person options to suit different needs. You can choose to send money directly to a bank account or make it available for cash pickup at various locations across Thailand.
How long does it take for money to reach Thailand with Western Union?
With Western Union’s “Money in Minutes” service, funds can be available almost instantly. However, for traditional bank transfers, it may take a few business days depending on the specific service and transfer conditions.
What documents are required to send money to Thailand through Western Union?
To send money to Thailand, you typically need a government-issued ID, recipient’s full name matching their ID, their address, and depending on the amount and the service, additional verification might be required.
Is it possible to send money from Thailand to other countries using Western Union?
Yes, you can send money from Thailand to over 200 countries and territories using Western Union. Services include sending money from local agents, online platforms, or Western Union’s mobile app.
What are the exchange rates and fees for sending Thai Baht with Western Union?
Exchange rates and fees vary by the amount being sent and the method of transfer. Western Union provides a price estimator tool online that offers transparency on the total cost of your transaction before you commit to sending money.
Can I track my money transfer to Thailand with Western Union?
Yes, Western Union provides a tracking option where you can use the Money Transfer Control Number (MTCN) provided upon sending money to track the status of your transfer until it reaches the recipient.
Are there any limits on the amount of money I can send to Thailand with Western Union?
Limits may vary depending on your transaction history, the recipient’s location, and the service used. Western Union’s website or agents can provide specific limits based on your transaction details.
What currency is in Thailand?
The currency used in Thailand is the Thai Baht, symbolized as ฿ and abbreviated as THB.
Is it better to exchange money in Australia or Thailand?
It is generally better to exchange money in Bangkok, Phuket, or other major cities or tourist areas in Thailand rather than in Australia. Exchange rates in Thailand are often more favourable, especially at reputable local money exchange offices compared to rates offered in Australia.
How much cash should you take to Thailand?
The amount of cash to take to Thailand depends on the length of your stay and planned activities. It’s advisable to carry a moderate amount of cash for daily expenses and use credit cards or ATMs for additional funds as needed. A daily budget of around 1,500 to 3,000 THB (approximately 50 to 100 AUD) should cover typical tourist expenses.
