Blog about Thailand
Are you overpaying your bank?
Conversion rates US Dollar / Thai Baht | |
---|---|
10 USD | 300.10000 THB |
20 USD | 600.20000 THB |
50 USD | 1500.50000 THB |
100 USD | 3001.00000 THB |
US dollar to Thai baht exchange rates The latest on USD to THB exchange rates is 27.058 THB.
Changing pounds or dollars in a currency exchange office on almost any street in Thailand gives you a better rate than most anywhere else. Airport rates are lower, don’t exchange all your cash at the airport. You will get a better exchange rate in Thailand than in your home country, almost without exception.
Don’t change money over Thai baht before you get to Thailand . You can change your currency to Thai baht 24 hours a day at the airport. You will get your best exchange rate in Thailand . Stores and hotels usually have a lower exchange rate than the many bank money changers.
1,000 baht a day is a lot more than the minimum wage (in the formal job market and way way more than up country) in Thailand. Few people would come Thailand to holiday as a poor Thai.
Online Prices Can range from 1000 – 1500 Baht Short time. Long time Add 500- 1000 Baht . The online method is also a great way to find a holiday Thai girlfriend for a few days or weeks at a time.
Thailand : What a Dollar Can Buy You Four liters of drinking water ( 1 gallon), or 1.5 liters of sparkling water. One hour of talking time on your cell phone within Thailand using the 1 -2-Call SIM card. Local English-language newspaper such as the Bangkok Post (compare that to the Times of India for $0.06)
The Thai baht will continue to maintain its strength for the rest of 2020 . It will remain strong, propelled by the increased surpluses in the Thai current account and the country’s trade balance. Thailand’s GDP growth is forecast to be around 2.7% this year.
The strong baht is probably a combination of the $4-billion-per-month inflow from tourists and lower imports because of sluggish domestic consumption. True manipulation would be a gain for foreigners in Thailand as the BoT would weaken the baht to help exports.
You don’t need to spend a lot of money in Thailand . If you’re backpacking Thailand , plan to budget between 825–1150 BHT ($25–35 USD) per day .
You should plan to spend around ฿2,122 ($71) per day on your vacation in Thailand , which is the average daily price based on the expenses of other visitors. Past travelers have spent, on average , ฿472 ($16) on meals for one day and ฿374 ($12) on local transportation.
You can do counter withdrawal at a Thai Bank or currency exchange and avoid Thai ATM’s completely. Thai banks do not charge you the ATM fee for withdrawals or cash advances using your card at the Thai bank’s counter.
Yes, it’s better to exchange money before you travel to Thailand as it will be a much cheaper proposition for you. As we have explained it above, you should convert INR to USD as you will ultimately end up saving a lot of money. You can book your order on BookMyForex & get the best currency rates available.
Compare Travel Money: Best THB Tourist Exchange Rates
Currency Supplier | Best Tourist Rate | £500 in THB * |
---|---|---|
Thomas Exchange | 1 GBP = 39.6590 THB | 19829.5 |
ICE | 1 GBP = 39.1388 THB | 19569.4 |
Eurochange | 1 GBP = 39.0500 THB | 19525 |
Thomas Exchange Global | 1 GBP = 38.9290 THB | 19464.5 |
Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America , offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.