Friday, 20 January 2012

Currency


The type of currency used in Thailand is called the baht. The baht can be found in the form of coins or paper depending on the desired amount. In one baht there are 100 satang. Coins can be 25 satang and 50 satang. There are also, coins that can be worth 1 baht, 2 baht, 5 baht and 10 baht. Coins may have Thai or Arabic numerals in scripted on them depending on the year of make. Newer coins will have both Thai and Arabic numerals on them, while the older ones just have the numbers. Paper money is also used in Thailand. Paper money comes in the amounts of 10   baht, 20 baht, 50 baht, 100 baht, 500 baht and 1000 baht. The 10 baht coin is more popular them the bill form so the 10 baht bill is uncommon .While in Thailand accessing your money though ATM’s is very easy because there a lot of ATM’s at tourist access.  In resort hotels or large cities credit cards are accepted. The currency conversion from Canadian dollars to Thai baht is 1 dollar to 31.16 baht. Thailand is not an expensive place to visit due to the foreign exchange rate.




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