The Thai Baht is the official currency of Thailand, and is unofficially used by Laos, Cambodia and Myanmar as well. The origins of the Thai Baht are unclear, as it evolved from a multitude of other currencies, but some sources say it originated as far back as the 6th century. The Thai Baht is administered by the Bank of Thailand, and is usually abbreviated to ‘THB’ or ‘฿’.
You can purchase the THB in India in the form of currency notes and forex cards by converting your Indian Rupees to Thai Baht. The Thai Baht has notes in denominations of ฿10, ฿20, ฿50, ฿100, ฿500, ฿1000, and these denominations are easily available for purchase in India. The currency notes feature artworks depicting the Kings of Thailand, and there are a number of commemorative notes that have been printed over the years as well.
The Thai Baht is commonly used in international foreign exchange transactions. In fact, it is the 10th most frequently-used payment currency in the world. A large part of this is due to Thailand’s flourishing tourist industry, which accounts for 6% of the country’s economy. With tourism being such an integral part of Thailand’s prosperity, it’s little wonder that the Thai Baht is in demand around the world. DoorstepForex.com offers the best foreign exchange rates for the Thai Baht across all the major cities of India. You can also sell back any extra THB you are left with after your Thailand trip to convert the Thai Baht to Rupee.
Get the Thai Baht at the best forex rates delivered to your doorstep by DoorstepForex.com!