Wednesday, September 22, 2010

Thai money and money in Thailand

The baht is the currency in Thailand and is located in the following denominations:

20 Baht Note-Green

50 Baht Note-blue

100 Baht note-Red

500 Baht note-Purple

1000 Baht note-Brown

Satang brass coins 25 coin

Satang 50 gold coin made of brass

1 Baht coin silver and slightly bigger than a U.S. cent

Baht 5 silver medals and a bit 'smaller than the 10 baht coin

10 baht coins silver ring with a center of brass

E 'are 1.5 and 10 Satang coins that occasionally run in along with coins of 25 and 50 Satang but usually you only get this change in a supermarket, chain stores, or sometimes a Seven Eleven. Most of the pretty village Deal Baht denominations. If you take a lot Satang you will probably find some to take home as souvenirs.

All the Thai currency, the image of the king on it. E 'considered disrespectful to the Thai money in your pocket when you maintainthe King sat. Similarly, if you drop a note or a coin not step on it to stop, as this is very disrespectful.

Never exchange money at home before leaving for Thailand exchange rates will be as bad as your country of origin. There are many places to exchange money in Thailand, almost all banks are money changers in every corner in the tourist areas, and their industry. Hotel and airport exchange rate is usually bad, and then-Stick to the banks for the best price. Although it is a good idea to have a small amount of exchange at the airport upon arrival is the only way to get money wherever you go.

Given the volatility of the Thai baht in recent years have more than one) has developed an offshore market price of a share exchange and being a creature on earth (in Thailand. Be careful with computer gear as XE rate as of offshore and give many others do. CheckThe daily rates for banks Thai online:

Siam Bank

Kasikorn Bank

Bangkok Bank

ATMs are everywhere in tourist areas and provide the rate in the country as well, but be careful backing up your rights, banks and currency conversions from your baht currency because most of these fees, rates drop significantly, especially since most banks to convert currency at the rate of offshore. If you live in the United Kingdom to open a Nationwide Flex account, and if youlive in America you open an ING Orange account control of two banks do not charge fees for withdrawals, or convert your currency at the rate of offshore.

Traveller's checks are always the best option. Even if you make a tax rate that you pay is always a better exchange rate on them. You also have the added protection in case of loss or theft they will be replaced within 24 hours. Remember, you must show your passport, traveler's checks in constant evolution.

Cash, asthey say, is always right, but if you do not bring only large bills, then the speed varies depending on the denomination and costs only slightly better than traveler's checks. In a large sum of money everywhere these days is a bad idea and not worth the risk. A hundred dollar bills in 1996, marked usually are not accepted the fact forged strong this year by North Korea.

The best thing is a mix of travelers checks and credit cards have, so that in all the surveyedCases.

Note: Use your credit card at an ATM is generally very safe, but do not use them in stores or shops to buy goods because of credit card fraud prevalent in Thailand ATMs. Only time I have different uses such as hotels, but I felt comfortable with the owner / management from me.

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