As you explore Thailand, you’ll need to have Thai baht on hand to pay for everything from street food to souvenirs. Thankfully, there are many options for exchanging currency in Thailand.
Exchanging Currency at Banks in Thailand
Banks are a reliable choice for exchanging your currency, with their secure premises and competitive rates. But some may charge a small fee. You’ll need to show your passport to the teller before completing the transaction. The teller will ask to see your passport before completing the transaction, so make sure to have it with you.
Currency Exchange Centre
If you’re in a shopping centre or tourist area, you’ll likely come across a currency exchange centre. These are often open 24/7 and offer competitive exchange rates. But be prepared to pay higher fees than you would at a bank.
For a more adventurous option, you can try using a money changer. These can be found all over Thailand, but it’s important to be cautious as some may try to rip you off. Look for money changers with good reviews and compare rates before making a decision.
While some hotels offer currency exchange services, the exchange rates may not be as favourable as other options. It’s worth checking with the hotel’s reception desk. But be prepared to look elsewhere if the rates are too high.
As you exchange your currency and explore Thailand, keep in mind that Thai baht comes in various denominations. Bills range from 20 baht notes to 1,000 baht notes. It’s always a good idea to carry small denominations for street vendors and taxi drivers. They may not have change for larger bills.
Exchanging currency in Thailand is a straightforward process, overall. But it’s essential to do your research and be cautious to avoid any scams or rip-offs. With some Thai baht in your pocket, you’re ready to start exploring what this beautiful country has to offer.