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What currency is THB?

1. THB is Thai Baht (ISO 4217 code: THB), which is the official currency of Thailand.

2. Issued by the Bank of Thailand, the central bank of Thailand, 1 baht is equivalent to 100 satangs.

The front of each coin has the portrait of King Bhumibol Adulyadej of Thailand.

There are five banknotes in circulation in Thailand: 20, 50, 100, 500 and 1,000 baht, and six coins of 25, 50 satang and 1, 2, 5 and 10 baht.

1 baht is equal to 100 satangs.

3. The exchange rate of Thai baht to RMB (September 7, 2018) updated at 09:55. The buying price of Thai baht to RMB is 20.77. The selling price is 20.93. The middle price is 20.82? Note: The exchange rate of Thai baht to RMB is updated daily.

Extended information: Exchange rate refers to the ratio or price comparison between one country's currency and another country's currency, or the price of another country's currency expressed in one country's currency.

Exchange rate changes have a direct regulatory effect on a country's import and export trade.

Under certain conditions, external devaluation of the domestic currency, that is, a decrease in the exchange rate, will play the role of promoting exports and restricting imports; conversely, external appreciation of the domestic currency, that is, an increase in the exchange rate, will play the role of restricting exports and increasing imports.

Generally speaking, a decrease in the local currency exchange rate, that is, the depreciation of the domestic currency's external value, can promote exports and inhibit imports; if the local currency exchange rate rises, that is, the local currency's external ratio increases, it will be beneficial to imports and detrimental to exports.