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The Thai unit of currency is the baht, which is worth a little less than 4 US
cents. One US dollar = approximately 40 baht
The baht is divided into 100 satang. "Copper" coins are valued at 25
and 50 satang. "Silver" coins are in denominations of 1,2 and 5 baht.
A 10 baht coin is composed of both "silver" and "copper".
Banknotes are valued at 10 baht (brown),20 baht (green), 50 baht (blue), 100
baht (read), 500 baht (purple) and 1,000 baht (white and grey).
Travellers Cheques/Cheques/Credit Cards
US dollar traveller cheques can be conveniently cashed
at all provincial banks and authorised money changers. Traveller
cheques in other currencies are best changed in Bangkok where better
rates prevail. Generally, hotel exchange rates are lower than those
offered by banks and authorised money changers.
Major international credit cards, such as American
Express, Diners, Carte Blanche, Master Card and VISA are accepted by
major banks, restaurants, hotels and shops.
Thai and foreign banks provide standard services nationwide,
Monday through Friday, except public and bank holidays, between 9.30 AM and 3.30
PM.
Major banks such as Bangkok Bank, Thai Danu Bank, Thai
Farmers Bank and Siam Commercial Bank operate currency exchange centres in most
tourist areas from 7.00 AM to 9.00 PM, seven days a week, including holidays.
Many first-class hotels provide 24-hour money exchange
services, but only for major currencies such as American dollars, British pounds,
German marks and Swiss francs. Travellers cheques are generally accepted only
from bona fide hotel quests.
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