Question

What is the name for the monetary unit used in Thailand?

Answer 1

The monetary unit used in Thailand is called the Thai Baht. It is abbreviated as THB. 1 THB is equal to approximately 0.03 USD.                                           

Answer 2

The monetary unit used in Thailand is called the Thai baht (THB). The baht is divided into 100 smaller units called satang, and it is issued by the Bank of Thailand. The Thai baht is commonly used for transactions within the country, and it is also widely accepted by foreign exchange providers and some businesses in neighboring countries. The baht has historically been subject to fluctuations in value against other currencies, such as the US dollar and the euro, due to factors such as changes in global market conditions and domestic economic policy.

Answer 3

The monetary unit used in Thailand is called the Thai Baht. It is denoted by the symbol "฿" and is subdivided into 100 satang.