About the Thai Baht
The Baht has been the currency of Thailand since 1897. It was formerly tied to a silver standard and later to a fixed rate against major currencies.
The name 'Baht' refers to a unit of weight in gold and silver. It was traditionally a unit of measurement for precious metals.
Interesting Facts
King's Portrait on Every Note
All Thai Baht banknotes feature the portrait of the reigning monarch, symbolizing the reverence the Thai people have for their royal family.
The Cradle of the Asian Financial Crisis
The devaluation of the Thai Baht in 1997 is widely considered the trigger for the Asian Financial Crisis, which had a profound impact on regional and global economies.
A Tourism Powerhouse
Thailand's economy and the Baht's stability are heavily reliant on its thriving tourism industry, attracting millions of visitors annually.
Historical Timeline
The Bank of Thailand is established.
The Asian Financial Crisis begins with the devaluation of the Thai Baht.
A new series of banknotes is introduced, featuring the portrait of King Maha Vajiralongkorn.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- THB
- Symbol
- ฿
- Numeric Code
- 764
- Subunit
- Satang (1/100)
- Introduced
- 1897-01-01
Central Bank
- Name
- Bank of Thailand
- Headquarters
- Bangkok, Thailand
- Founded
- 1942
- Current Governor
- Sethaput Suthiwartnarueput (since 2020)
Economic Data
- Reserve Currency Share
- 0.1%
- Forex Volume Share
- 0.4%
- Inflation Rate
- 1.5%
- Interest Rate
- 2.50%
Exchange Rates
What Affects the THB Exchange Rate?
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