Exchange Rates - Currency Converter


Money
Thailand's currency is the baht, which is divided into 100 satang. The exchange rate is listed daily (except Monday) in the business sections of the Bangkok Post and Nation newspapers.

Phuket was formerly referred to as "Thalang," derived from the old Malay "Telong" which means "Cape". The northern district of the province, which was the location of the old capital, still uses this name.

Currency

Banknotes are issued in denominations of 10 baht (brown, but gradually being withdrawn in favour of coins), 20 baht (green), 50 baht (blue), 100 baht (red), 500 baht (purple) and 1000 baht (grey). Coins in circulation are 25 satang and 50 satang (bronze) and 1 baht, 5 baht and 10 baht (silver). To confuse matters, 1 baht coins come in three different sizes.

Internationally recognised credit cards are widely accepted. Banking services are provided nationwide by Thai banks (Bangkok Bank and Thai Farmers Bank are the two largest financial institutions) and branches of some foreign banks: hours are Monday to Friday 09:00-15:30. There are also authorised currency exchange counters in tourist areas. Hotel cashiers will change money but usually at a poorer rate than given by banks.

All major shopping centers have bank branches that are open Mon-Sun 10:00-20:00. Branches you can usually find is Siam Comercial Bank (SCB), Bangkok Bank, Thai Farmers Bank. ATM (Cash Machines) is widely available 24 hours and accept all major credit cards, such as VISA, MasterCard, etc.

Tipping
Tipping is not a common practice outside major hotels and restaurants.

Other interesting reading

Mai Khao Beach ...ou might find it's being promoted at Tesco Lotus or Central Festival in Phuket Town, Jungceylon in Patong Beach, or any other of the department stores, shopping malls around the is...

Patong Restaurants ...ast, lunch and dinner. Or a Restaurant up on one of the main roads like, Rat U Thit Road, Bangla Road or in Jungceylon. Restaurants you should not miss, for those with a big wallet...