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Local currency

07/11/16 15:19 3533

The currency of Thailand is the Thai Baht

Baht (THB; symbol ฿) = 100 satang. Notes are in denominations of ฿1,000, 500, 100, 50, 20 and 10. Coins are in denominations of ฿10, 5, 2 and 1, and 50, 25, 10, 5 and 1 satang.
**** 1 USD = about 35 Thai Bath
You can check the exchange rate at:  http://www.xe.com/currencyconverter/convert/  for daily rate:

Thai currency facts

  • The Thai baht is the sole legal currency of Thailand, and is issued by the Bank of Thailand
  • In 2007 the Bank of Thailand introduced a new silver 2 baht coin that was only slightly larger than the existing one baht coin, and consequently very easily confused. You will often find that someone has written a number ‘2’ on the coin with a marker, in order to differentiate it. A new, brass-coloured, 2 baht coin was issued in 2009, in order to reduce this confusion
  • The satang coins are so low in value as to be almost worthless, and once received are very hard to dispense with. Some tourists keep them as souvenirs; others give them away to beggars, or as tips

Credit cards: 

American Express, MasterCard and Visa are widely accepted. ATMs are found in all major cities and almost all provincial banks.

ATM: 

ATMs are found in all major cities and almost all provincial banks.

Travellers cheques: 

Accepted by all banks and large hotels and shops. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars, Euros or Pounds Sterling.

Banking hours: 

Mon-Fri : 0830 Am -1530 PM

Currency restriction: 

The import and export of local currency is limited to ฿50,000. The import and export of foreign currency is unlimited, but amounts over US$20,000 must be declared.

Currency exchange: 

Foreign currencies can be exchanged at banks (which have the best rates), hotels (which charge high commissions) and bureaux de changes can be found in larger towns (generally open 0800-2000). Outside large towns and tourist areas, notes higher than a Bath of 500 may be difficult to exchange, so visitors are advised to carry small change.

Thailand duty free

The following goods may be imported into Thailand without incurring customs duty:

• 200 cigarettes or 250g of cigars or tobacco.
• 1L of alcohol.
• Goods to the value of ฿10,000.

Banned imports: 

Prohibited imports include obscene and pornographic objects and publications, goods displaying the Thai national flag, narcotics, counterfeit currency, fake Royal/official seals, and pirated and counterfeit goods.

Restricted imports include drugs, food, weapons and ammunition, antiques and artworks, and endangered species.

Any drug-related offences are severely punished and may result in life imprisonment or even the death penalty.

Banned exports: 

There are restrictions on the export of illegal drugs and all firearms and ammunition. The export of antiques or artworks requires a certificate of authorisation from the Department of Fine Arts in Thailand.

Related

Public holidays in Thailand are regulated by the government, and most are observed by both the public and private sectors. There are usually sixteen public holidays in a year, but more may be declared by the cabinet. Other observances, both official and non-official, local and international, are observed to varying degrees throughout the country.
Don’t become involved with drugs of any kind. Possession of even very small quantities can lead to imprisonment. If you are found guilty of being in possession of marijuana you could receive a long prison sentence and/or a heavy fine. If you’re found guilty of being in possession of 20 grams of a Class A drug at a point of exit from Thailand you risk receiving the death penalty. Amphetamines and ecstasy are regarded as Class A drugs and possession or trafficking carries the same penalty as heroin.
We continue to receive reports of the sexual assault, food and drink spiking, assault and robbery of foreigners, including around popular backpacker and tourist destinations such as Khao San Road in Bangkok, the night-time entertainment zones in Bangkok, Pattaya and Phuket, and during Full Moon and other parties on Koh Phangan.Due to the high prevalence of HIV/AIDS, victims of violent crime, especially rape, are strongly encouraged to seek immediate medical assistance.
The standard of medical facilities throughout Thailand varies. While private hospitals with international standard facilities can be found in major cities, services can be limited elsewhere. Private hospitals generally require confirmation of insurance or a guarantee of payment before admitting a patient. Costs can be very expensive. Generally, serious illnesses and accidents can be treated at private or public hospitals in Bangkok and other large cities. However, medical evacuation to a destination with the required facilities may be necessary in some cases at considerable cost.
The Thailand climate is controlled by tropical monsoons and the weather in Thailand is generally hot and humid across most of the country throughout most of the year.
Visas for Thailand are not required by all nationals referred to in the chart above for touristic stays of up to 30 days if entering via an international airport. If entering by land, you will usually be granted a stay of 15 days (apart from nationals of Canada, France, Germany, Italy, the UK and the USA, who will be granted a 30-day stay). All visitors must hold valid passports, sufficient funds and confirmed airline tickets to leave Thailand within the time allowed by their entry stamp.
Thailand's attractions include diving sites, sandy beaches, hundreds of tropical islands, nightlife, archaeological sites, museums, hill tribes, flora and bird life, palaces, Buddhist temples and several World Heritage sites