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Historical exchange rate of USD/THB from 1980 to 2015 Historical exchange rate of EUR/THB since 2005. The Bank of Thailand adopted a series of exchange controls on 19 December 2006, which resulted in a significant divergence between offshore and onshore exchange rates, with spreads of up to 10 percent between the two markets.
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
The dimensions of low and middle denominations including 1 baht, 5 baht, and 10 baht were the same as the low denominations of MPCs while the dimensions of high denominations including 20 baht and 100 baht were the same dimensions as a US dollar (high denomination of MPC). These were issued in 1946 during the reign of King Rama IX.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
Cedi – Ghana; Chervonets – Russia; Colón. Costa Rican colón – Costa Rica; Salvadoran colón – El Salvador; Continental currency – United States; Conventionsthaler – Holy Roman Empire
Money trees featuring Thai banknotes in Tak province One baht bill. The banknotes of the Thai baht are part of the physical form of the Thai baht, Thailand's currency. The issuance of the baht banknotes is managed by the Bank of Thailand. Throughout its history, the denominations have ranged from 1 baht to 1,000 baht.
The baht was pegged at 25 to the U.S. dollar. On 14 and 15 May 1997, the Thai baht was hit by massive speculative attacks. On 30 June 1997, Prime Minister Chavalit Yongchaiyudh said that he would not devalue the baht. However, Thailand lacked the foreign reserves to support the USD–Baht currency peg, and the Thai government was eventually ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 6 February 2025. There is 1 pending revision awaiting review. Economy of Thailand Bangkok, the commercial hub of Thailand Currency Thai baht (THB, ฿) Fiscal year 1 October – 30 September Trade organisations WTO, APEC, IOR-ARC, ASEAN, RCEP Country group Developing/Emerging Upper-middle income economy ...