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Currency exchange

Converting US Dollars to Thai Baht

At the time of writing the exchange rate is about 30-31 Baht to 1 US Dollar. For quick mental calculations, it will be much easier to round up the figure to 33 B to 1 USD. So, using this approximation, 1,000 B is equivalent to 33 USD.


1000B ~ USD 33.00

When you are changing US Dollars to Thai Baht, you will always get a better rate when changing larger denominations, (i.e. 100's or 50's). The smaller denominations will get you a lower rate.

Exchange rates are normally better at the banks' exchange counters in the city than at the airport. Unless you really have to, avoid exchanging any currency at hotels or bars as you will get the worst possible rate.

Tips:

  • Bring large denominations for better exchange rates
  • Change a small amount at the airport for your taxi fare into the city, and then change the rest in the city
  • In most cases you may use the bank's currency exchange counters as they are conveniently located all over town.
  • Do not change your money at the hotels, their rates are horrible! Just take a walk around town, and find a bank currency exchange counter.
  • For better rates, you want to try the money changers. There are a few located along the lower Sukhumvit Road. There are many of them in the Sukhumvit Soi 3/1 area (Middle Eastern area). Their rates are normally much better than the banks.

Some Currency Exchange websites

The Universal Currency Converter
This is the XE.com Universal Currency Converter ®, the world's most popular currency tool. You can perform interactive foreign exchange (FX, or forex) rate
www.xe.com/ucc/

FXConverter - Currency Converter for 164 Currencies
FXConverter (Foreign Exchange Currency Converter) is a multi-lingual Currency Converter with up to date exchange rates provided from leading market data ...
www.oanda.com/convert/classic

OANDA, The Currency Site: Foreign Exchange Services and Trading
OANDA.com, The currency site provides currency and foreign exchange rates to investors travelers and online businesses.
www.oanda.com/

Currency Converter - Yahoo! Finance
View exchange rates for top currencies and convert currencies from over 100 countries.
finance.yahoo.com/m3?u

Currency Calculator
Currency Exchange Rates Calculator. Convert any amount from one currecy to another.
www.x-rates.com/calculator.html

Exchange Rates
Currency exchange rates, time plotted charts, conversion tables, calculator and historic lookups.
www.x-rates.com/

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