THB · ฿
Thai Baht (THB)
The Thai Baht (THB) is the official currency of Thailand, issued by the Bank of Thailand. It has a long history and is widely used in Southeast Asia.
Convert this currency
Converted amount
0.0303 USD
Exchange rate
1 THB = 0.030285 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
THB · Thai Baht
Thai Baht (THB): Overview and History
The Thai Baht (THB) is the official currency of Thailand, issued by the Bank of Thailand. Its symbol is ฿ and its ISO code is THB. The baht has been in use for centuries, with its modern form dating back to the late 19th century when the decimal system was adopted. Today, it is one of the most traded currencies in the region, reflecting Thailand's significant role in international trade and tourism.
The Bank of Thailand is responsible for issuing and regulating the baht. The currency is subdivided into 100 satang. Banknotes are available in denominations of 20, 50, 100, 500, and 1,000 baht, while coins come in 1, 2, 5, and 10 baht, as well as smaller satang denominations. The design of the banknotes often features the Thai monarchy and important cultural landmarks, symbolizing national pride and heritage.
The baht's value is influenced by various factors, including Thailand's economic performance, political stability, and global market conditions. As a major exporter of goods like electronics, automobiles, and agricultural products, Thailand's trade balance plays a crucial role in the currency's strength. Additionally, tourism is a vital sector, with millions of visitors annually contributing to the demand for baht. The currency is freely convertible, and its exchange rate is determined by market forces, though the central bank may intervene to prevent excessive volatility.
- Code
- THB
- Symbol
- ฿
- Current rate
- USD / THB
Currency information
Last updated · 8/7/2026
The Thai Baht has been in use since the 19th century, with the modern decimal system introduced in 1897.
- Official name
- Baht
- Legal tender status
- Legal tender in Thailand
- Decimal places
- 2
- Minor unit
- Satang · 1 THB = 100 Satang
- Countries
- Thailand
- Issuing authority
- Bank of Thailand
- Central bank
- Bank of Thailand · Official website
- Exchange-rate regime
- Managed float
Common banknotes
20 Baht · 50 Baht · 100 Baht · 500 Baht · 1000 Baht
Common coins
25 Satang · 50 Satang · 1 Baht · 2 Baht · 5 Baht · 10 Baht
Also known as
Baht · Thai baht · THB · ฿ · Baht thaï
Practical notes
- The symbol ฿ is used for the Baht.
- Banknotes feature the portrait of the King of Thailand.
Priority currency pairs
The most useful conversions for this currency.
Thai Baht questions
What is the THB exchange rate?
The displayed rate is the latest available reference rate for USD/THB. It can change throughout the day.
How can I convert THB online?
Use the converter above to calculate indicative amounts between THB and the other supported currencies.