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Money Matter In Thiland

  Topic » Tour and Travel Tips For World » Travel Tips For Thiland
Post By : Rainrays At 0000-00-00 00:00:00

Official currency of Thiland : Thailand currency is called Baht. The denomination of the notes varies from Bt10, 20, 50, 100, 500, 1000, the coins are in the denomination of Bt 10, 5 and 1, 50 and 25 satang. Coins are made of silver and brass and may be of different sizes for the same value.

1 Baht =  100 satang

Thai Currency  Color Code

10     -                     Brown
20      -                    Green
50     -                     Blue
100     -                   Red
500     -                   Purple
1000     -                 Grey

Currency Conversion and Exchange Rates

-> Exchange rates is vary from minute to minute depending on world markets.
-> When exchanging cash or travellers cheques it’s best to check the rate and commission before making the exchange.
-> Major foreign currencies can be exchanged for Thai Baht with banks and authorized moneychangers. Major credit cards are also widely accepted in tourist centers.

Utility of Debit and Credit cards and Travellers Cheques in Thailand: In Thiland Debit and credit cards, like MasterCard, Visa and American Express are widely accepted.

Travellers cheques in Europe

Travelers cheques is the best way to carry cash as if you loose them they can be replaced.  Additional exchange rates charges can be avoided and they are accepted in all major establishments like banks, shops and hotels.

-> If you choose to use the travelers cheques then you use the

    Euro for European tours
    Pounds Sterling for tours through Great Britain.
    US Dollar travelers cheques are sometimes accepted and exchangeable however other currencies such as Canadian, New Zealand Dollars, Australian, Rand, etc, are often difficult to exchange.

Tipping Information

Tipping is an important part of the culture and you can easily offend people and make life more difficult for yourself by not observing this custom. Generally anywhere you receive service you should tip. Tipping rates are vary from country to country so you knowing what to tip , where or how much to tip.

Taxi drivers don't usually expect a tip but small change is appreciated. A 5%-10% tip is becoming the norm in restaurants, (not local style) if the usual 10% service charge does not apply.




Travel Insurance for Thailand

We highly recommends having a travel insurance policy that covers: -> Loss of and/or damage to luggage -> Medical insurance -> Cancellation and Curtailment -> Loss of money (cash), travellers cheques or personal belongings If you are participating in winter sports than your travel insurance covers this also. If you are bringing along expensive items such as jewelry or photographic equipment, check the value per item is covered by your travel insurance. ..

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