baht

Baht is the official currency of Thailand. Its ISO 4217 code is THB and its symbol is ฿. The baht is subdivided into 100 satang. Coins and banknotes are issued and regulated by the Bank of Thailand, the country’s central bank.

The Bank of Thailand manages currency issuance and monetary policy to promote financial stability and price stability. The Thai baht floats against other currencies, with the central bank occasionally intervening to reduce excessive volatility.

Banknotes in common circulation are 20, 50, 100, 500, and 1,000 baht. Coins are issued in denominations of 1, 2, 5, and 10 baht, while smaller satang coins exist but are rarely used in everyday transactions.

Banknotes typically feature portraits of Thai royalty and national symbols, reflecting Thailand’s cultural and historical heritage. The design and security features are updated periodically to deter counterfeiting and to reflect contemporary symbolism.

The term baht has historical roots as a weight-based unit used in the region before becoming the country’s monetary unit. Today, the baht serves as Thailand’s primary means of payment and is actively traded in international markets as part of Southeast Asia’s financial system.