Which currency is used in Thailand?

The currency used in Thailand is the baht, officially called the Thai baht. Its international currency code is THB, and the symbol is ฿. The baht is issued under the authority of the Bank of Thailand.

One baht is divided into 100 satang, although satang coins are used less often than baht-denominated coins and notes. Common Thai banknotes include 20, 50, 100, 500, and 1,000 baht. The modern decimal system was introduced in 1897 during the reign of King Chulalongkorn, also known as Rama V.

The word baht originally referred to a traditional unit of weight for precious metals, linking the currency to older systems of measuring silver. Foreign-language sources once commonly called the Thai currency the “tical,” a name that appeared on English-language Thai banknotes until 1925. Another common mistake is confusing the baht with the Cambodian riel or Lao kip, which are neighboring currencies in mainland Southeast Asia.