Exchange rates used for currency conversion updated on 01st August 2014 ( 01/08/2014 )
Below you will find the latest exchange rate for exchanging Thai Baht (THB) to US Dollar (USD) , a table containing most common conversions and a chart with the pair's evolution.
The Thai Baht (THB) to US Dollar (USD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
*Disclaimer: AVERAGE intraday quotes were used for this conversion. The exchange rate the system calculated between Thai Baht and US Dollar on 01/08/2014 is 1 THB = 0.0311 USD
The official currency of Thailand is the Thai baht. The baht is issued in denominations of 10, 20, 50, 100, 500 and 1,000. Foreign currency can be exchanged at most banks, particularly central banks as well as with many money changers and exchange kiosks located at airports, shopping centers and some hotels. Credit card theft is a problem in the country so those using credit or debit cards for transfers or purchases should take care to ensure that they are not being overcharged.
About US Dollar (USD)
The privately owned and government sanctioned United States Federal Reserve Bank manages the monetary policy for the United States dollar (USD). The USD is the the worlds most widely held reserve currency and the most traded currency in world currency trading markets. The USD is official currency in 14 countries and the unofficial or de facto currency in 37 others. The US dollar is the second largest currency in circulation having been surpassed by the euro. The USD is a floating fiat currency.