| 1 $ = | Start | 07/18/2026 | Change | |
| Last 24 hours | 33.633 ฿ | ⇨ | 33.630 ฿ | -0.01% |
| Last week | 33.288 ฿ | ⇨ | 33.630 ฿ | +1.03% |
| Last month | 32.535 ฿ | ⇨ | 33.630 ฿ | +3.37% |
| Last year | 32.404 ฿ | ⇨ | 33.630 ฿ | +3.79% |
| Currency | 07/11/2026 | 07/18/2026 | Change | |
| Venezuelan Bolívar (VES) | 708.81 Bs. | ⇨ | 724.84 Bs. | +2.26% |
| Russian Ruble (RUB) | 76.636 руб | ⇨ | 78.283 руб | +2.15% |
| Papua New Guinean Kina (PGK) | 4.3804 K | ⇨ | 4.464 K | +1.91% |
| Egyptian Pound (EGP) | 49.626 E£ | ⇨ | 50.5 E£ | +1.76% |
| Hungarian Forint (HUF) | 311.79 Ft | ⇨ | 317.24 Ft | +1.75% |
| Canadian Dollar (CAD) | 1.4173 C$ | ⇨ | 1.4026 C$ | -1.04% |
| Vanuatu Vatu (VUV) | 120.29 VT | ⇨ | 118.96 VT | -1.11% |
| Norwegian Krone (NOK) | 9.7826 kr | ⇨ | 9.6474 kr | -1.38% |
| South African Rand (ZAR) | 16.317 R | ⇨ | 16.028 R | -1.77% |
| Seychellois Rupee (SCR) | 14.725 SR | ⇨ | 13.409 SR | -8.94% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Thai Baht |
| Symbol | ฿ |
| Also known as | THB, Thai Baht, ฿1 = 100 satang |
| ISO code | THB |
| Banknotes | 20, 50, 100, 500, 1000 ฿ |
| Coins | 25, 50 satang; 1, 2, 5, 10 ฿ |
| Central bank | Bank of Thailand (BOT) - Website: www.bot.or.th |
| Countries | 1 country: Thailand (capital: Bangkok, major cities: Bangkok, Chiang Mai, Phuket, Pattaya) |
| Population | 71 mil. |
History
The history of the Thai baht is a rich narrative reflecting the country's journey from the ancient kingdom of Ayutthaya to a modern emerging market economy. Thailand's earliest monetary system used bullet-shaped silver pieces called "pot duang" — distinctive coins formed by rolling a rod of silver and stamping it — which were used for centuries as the primary medium of exchange.
King Rama IV (Mongkut) modernised Thailand's monetary system in the 1860s, introducing flat, round coins modelled on Western practice as Thailand engaged with foreign powers to maintain its independence — one of the few Asian nations never colonised by Europe. The baht was formally defined and the decimal system introduced under King Rama V (Chulalongkorn) in 1897.
Thailand joined the Bretton Woods system with the baht pegged at 20.8 baht per dollar, a rate that was later adjusted to 25 baht. For much of the postwar period, Thailand maintained a stable peg and achieved impressive growth rates. However, the 1997 Asian Financial Crisis originated partly in Thailand: the baht, overvalued and under speculative attack, was devalued on 2 July 1997 — an event that triggered a regional financial crisis spreading to Indonesia, South Korea, Malaysia, and beyond.
The Bank of Thailand subsequently adopted an inflation-targeting framework with a managed float. The baht has been broadly stable since, supported by Thailand's export-oriented economy, strong tourism revenues, and substantial foreign exchange reserves.
Sources:
"Thai baht", Wikipedia, https://en.wikipedia.org/wiki/Thai_baht
"1997 Asian financial crisis", Wikipedia, https://en.wikipedia.org/wiki/1997_Asian_financial_crisis