Baht (currency)

The Baht is the official currency of Thailand, symbolized as ฿ and known locally as "Baht." It functions as the primary medium of exchange for goods and services within the country. The Baht is subdivided into 100 smaller units called satang. Managed by the Bank of Thailand, the currency is issued in both coins and banknotes, with denominations ranging from coins of a few satang to banknotes of high denominations. The Baht's value fluctuates against other currencies based on economic factors, trade balances, and monetary policies, serving as a key indicator of Thailand’s economic health.