The baht ( / bɑːt /; Thai: บาท, pronounced [bàːt]; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang ( สตางค์, pronounced [sà.tāːŋ] ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019.
The banknotes of the Thai baht are part of the physical form of Thailand 's currency, Thai baht. The issuance of the baht banknotes is managed by the Bank of Thailand. Throughout its history, the denominations have ranged from 1 baht to 100,000 baht. The circulating banknotes today in Thailand, however, are ranged from 20 baht, 50 baht, 100 ...
Thailand itself is a newly industrialized country, with a GDP of 17.367 trillion baht (US$536 billion) in 2022, the 9th largest economy of Asia. [28] As of 2018, Thailand has an average inflation of 1.06% [29] and an account surplus of 7.5% of the country's GDP. [30]
- 1 October – 30 September
- Thai baht (THB, ฿)
- 69,950,844 (2021)
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The baht ( / bɑːt /; Thai: บาท, pronounced [bàːt]; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang ( สตางค์, pronounced [sà.tāːŋ] ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019.
Oct 2, 2021 · The Thai Baht (THB) is the official currency of the Kingdom of Thailand. 1 THB is composed of 100 satangs and the currency is issued and managed by the central bank of Thailand. The Baht used to ...