Thai Baht (THB)

News: Thai Baht

• Won, Rupiah Lead Declines in Asian Currencies on Growth Concern - Businessweek (1 February 2012, 4:21 am)
• Thailand: Establishment of a Representative Office in Thailand - Mondaq (30 January 2012, 8:05 am)
• Asian Currencies Climb for a Fourth Week on Inflows, Fed Outlook - Businessweek (27 January 2012, 2:50 pm)

Reports & Events: Thai Baht

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About the Thai Baht

The Thai “baht” (plural: bahts) is the official currency used in the country of Thailand. Its official currency code is “THB” and it is symbolized by a “฿”. The primary denominations include 25 and 50 satang coins; 1, 2, 5, 10 baht coins (1 baht = 100 satangs); and 20, 50, 100, 500, and 1000 baht paper bank notes. In Thailand, decimal numbers are denoted using a point (e.g. 1.50). The baht has a managed float exchange rate that is pegged to a basket of currencies.

Central Bank: Bank of Thailand