Woalet

฿ Thai Baht

Currency Code: THB

Currency of Thailand. Major currency in Southeast Asian region.

Issuing Authority

Bank of Thailand (BOT)

Key Features

Tourism Currency

Thailand's tourism drives currency flows and stability.

Stable Government

Long-term political stability supports currency.

Regional Trade

Important currency for Southeast Asian trade.

Strong Reserves

BOT maintains strong foreign exchange reserves.

Popular Corridors

Singapore → Thailand

Malaysia → Thailand

US → Thailand

Australia → Thailand

Frequently Asked Questions

What is the THB/USD rate?

Approximately ฿33-35 = $1 USD.

What is PromptPay?

Thailand's instant payment system. Settles within 10 minutes.

How fast are Thailand transfers?

PromptPay within 10 minutes. Bank transfers 2-4 hours.

Is THB expected to strengthen?

Tourism recovery and trade growth support THB appreciation.

Can we hold a THB balance?

Yes. Hold THB for recurring supplier settlement and convert on your own timing.