Thailand Baht

The Thai Baht is the official currency of Thailand, represented by the symbol ฿ and abbreviated as THB. It is divided into 100 smaller units called satang. The Baht has been the country's currency since the late 19th century, replacing the earlier tical. It is managed by the Bank of Thailand, which controls its supply and value. The Baht's value fluctuates based on economic factors, trade, and global markets. It is used for everyday transactions, from shopping and dining to official financial exchanges, and is well-recognized as a symbol of Thailand's economy.