Compare the latest Thai baht exchange rates from the UK's best currency providers
You receive ฿53,107.13 | Exchange rate 42.4857 | Insured delivery Free | Buy Now | |
Currency Online Group ❯ | ||||
You receive ฿52,560.50 | Exchange rate 42.0484 | Insured delivery Free | Buy Now | |
Travel FX ❯ | ||||
You receive ฿52,334.91 | Exchange rate 41.9897 | Insured delivery Free | Buy Now | |
The Currency Club ❯ | ||||
You receive ฿52,329.93 | Exchange rate 41.9857 | Insured delivery Free | Buy Now | |
Sterling ❯ | ||||
You receive ฿52,325.00 | Exchange rate 41.86 | Insured delivery Free | Buy Now | |
eurochange ❯ | ||||
You receive ฿52,325.00 | Exchange rate 41.86 | Insured delivery Free | Buy Now | |
NM Money ❯ | ||||
You receive ฿52,308.38 | Exchange rate 41.8467 | Insured delivery Free | Buy Now | |
Post Office ❯ | ||||
You receive ฿52,079.13 | Exchange rate 41.6633 | Insured delivery Free | Buy Now | |
John Lewis Travel Money ❯ | ||||
You receive ฿52,079.13 | Exchange rate 41.6633 | Insured delivery Free | Buy Now | |
Waitrose ❯ | ||||
You receive ฿52,037.50 | Exchange rate 41.63 | Insured delivery Free | Buy Now | |
Morrisons Travel Money ❯ | ||||
You receive ฿51,952.48 | Exchange rate 41.9857 | Insured delivery £8.99 | Buy Now | |
You receive ฿51,812.50 | Exchange rate 41.45 | Insured delivery Free | Buy Now | |
You receive ฿51,805.00 | Exchange rate 41.444 | Insured delivery Free | Buy Now | |
You receive ฿51,675.63 | Exchange rate 41.3405 | Insured delivery Free | Buy Now | |
You receive ฿51,673.00 | Exchange rate 41.3384 | Insured delivery Free | Buy Now | |
You receive ฿51,643.13 | Exchange rate 41.3145 | Insured delivery Free | Buy Now | |
You receive ฿50,697.52 | Exchange rate 40.7209 | Insured delivery £5.00 | Buy Now | |
You receive ฿50,536.13 | Exchange rate 40.4289 | Insured delivery Free | Buy Now | |
You receive ฿50,391.25 | Exchange rate 40.313 | Insured delivery Free | Buy Now | |
You receive ฿50,292.13 | Exchange rate 40.2337 | Insured delivery Free | Buy Now |
Although not considered to be a major world currency, the Thai baht is one of the most important and actively traded currencies in Southeast Asia. As well as being the official currency of Thailand, the baht is also used as a reserve currency by some central banks in neighboring countries such as Cambodia and Myanmar who share close economic ties with the country.
If you're travelling to Thailand, it's important to shop around and compare currency suppliers to maximise your chances of getting a good deal. We can help you to find the best Thai baht exchange rate by comparing a wide range of UK travel money suppliers who have Thai baht in stock and ready to order online now. Our comparisons automatically factor in all costs and commission, so all you need to do is tell us how much you want to spend and we'll show you the top suppliers who fit the bill.
Some of the best travel money deals are only available when you buy online. By using a comparison site, you're more likely to see the full range of deals on offer and get the best rate.
Always place your order online, even if you plan to collect your currency in person. Most supermarkets and high street currency suppliers offer better exchange rates if you order online beforehand.
If you're travelling with others, consider placing one large currency order instead of buying individually. Many currency suppliers offer enhanced rates that improve as you order more.
The best Thai baht exchange rate right now is 42.4857 from Currency Online Group. This is based on a comparison of 20 currency suppliers and assumes you were buying £1250 worth of Thai baht for home delivery.
The best Thai baht exchange rates are usually offered by online travel money companies who have lower operating costs than traditional 'bricks and mortar' stores, and can therefore offer better currency deals than their high street counterparts.
For supermarkets and companies who sell travel money online and on the high street, it's generally cheaper to place your order online and collect it from the store rather than turning up out of the blue and ordering over the counter. Many stores set their 'walk-in' exchange rates lower than their online rates because they can. By ordering online you're guaranteed to get the online rate and you can collect your order from the store as usual.
Over the past 30 days, the Thai baht rate is up 0.74% from 42.4857 on 24 Oct to 42.8001 today. This means one pound will buy more Thai baht today than it would have a month ago. Right now, £1250 is worth approximately ฿53,500.13 which is ฿393 more than you'd have got on 24 Oct.
These are the average Thai baht rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our British pound to Thai baht currency chart.
Timing is key if you want to maximise your Thai baht, but the best time to buy will depend on the current market conditions and your personal travel plans.
If you have a fixed travel date, you should start to monitor the Thai baht rates as soon as possible in the period leading up to your departure so that you've got time to buy when the rate is looking favourable. For example, if the Thai baht rate has been steadily increasing over several weeks or months, it could be a good time to buy while the rate is high.
Some people prefer to buy half of their Thai baht as soon as they've booked their holiday, and the remaining half just before they depart. This can be a good way of maximising your holiday money if the exchange rate continues to rise after you've bought, but will also help to minimise your losses if the rate drops.
You could also consider signing up to our newsletter and we'll email the latest rates to you each month.
If you need your Thai baht sooner and don't have time to wait for the rates to improve, you can still save money by comparing rates from a range of different providers before you buy. Online travel money suppliers usually have better Thai baht rates than high street exchanges, but supermarkets are a good compromise if you want to collect your currency in person and still get a decent rate. Just remember to buy or reserve your Thai baht first before you collect them from the store so you benefit from the supplier's better online rate.
Thai baht are governed and issued by Thailand's central bank: the Bank of Thailand. Thai banknotes are printed by the state-owned Security Printing Works in the Bang Sue district of Bangkok, while coins are minted by the Royal Thai Mint which is based in the Pathum Thani province, just outside of Bangkok.
One Thai baht (฿) can be subdivded into 100 satang, however, satang are rarely used due to their low value, and prices for most everyday transactions tend to be rounded to the nearest baht. The word 'baht' means 'portion' in Thai, and is pronounced 'bart'.
There are six denominations of Thai baht banknotes in circulation: ฿20, ฿50, ฿100, ฿500, ฿1000 and ฿5000, and five frequently-used coin denominations: ฿1, ฿2, ฿5, ฿10 and ฿25. Coins in denominations of 25 satang and 50 satang also exist, but they are gradually being phased out by the Thai government because the cost of their production is more than their face value.
Most Thai banknotes and coins feature images of kings and queens from the Chakri dynasty which has ruled Thailand since 1782. The monarchy is held in high regard in Thailand and is deeply respected by the people, and Thai currency is seen as an extension of the country's constitution. As such, it's considered impolite to fold banknotes in half because the King's head appears on one side, and you should take care not to throw or drop money, or carry banknotes in your back pocket for the same reason.
Denomination | Sterling equivalent |
---|---|
฿20 | £0.47 |
฿50 | £1.18 |
฿100 | £2.35 |
฿500 | £11.77 |
฿1000 | £23.54 |
฿5000 | £117.69 |
Denomination | Sterling equivalent |
---|---|
25 satang | £0.006 |
50 satang | £0.01 |
฿1 | £0.02 |
฿2 | £0.05 |
฿5 | £0.12 |
฿10 | £0.24 |
฿25 | £0.59 |
Waitrose has the best Thai baht rate right now at 41.6633. You'll need to order online to guarantee this rate; it may be lower if you turn up unannounced and buy over the counter. You can buy your Thai baht online and collect them from your nearest Waitrose travel money store if you don't want to wait for home delivery.
There's no evidence to suggest that you'll get a better deal if you buy your Thai baht in Thailand. While there may be better exchange rates available in some locations, your options for shopping around may be limited once you arrive, and there's no guarantee the exchange rates will be any better than they are in the UK.
Exchange rates aside, here are some other reasons to avoid buying your Thai baht in Thailand:
Lastly, it can be handy to have some cash on you when you arrive at your destination so you can pay for any immediate expenses like food, transport and tips. You don't want to be searching for the nearest currency exchange when you've just landed and you're desperate for a cup of tea - or a cocktail!
Thailand is generally considered to be an affordable holiday destination for British travellers. Northern regions such as Chiang Mai and Chiang Rai tend to be cheaper than the southern islands like Phuket and Koh Samui, which are more touristy and have a higher cost of living. Bangkok can vary in price depending on where you stay and what you do.
Sending money to a company you might not have heard of before can be unsettling. We routinely check all the companies that feature in our comparisons to make sure they meet our strict listing criteria, but it's still worth knowing how your money is protected in the unlikely event a company goes bust and you don't receive your order.
Your money is not protected if you pay by bank transfer. If the company goes bust and you've paid by bank transfer, it's unlikely you'll get your money back. For this reason, we recommend you pay by debit or credit card wherever possible because they offer more financial protection.
Debit cards are the most popular payment method and they offer some financial protection. If you pay by debit card and the company goes bust, you can instruct your bank to make a chargeback request to recover your money from the company's bank. This isn't a legal right, and a refund isn't guaranteed, but if you make a chargeback request your bank is obliged to try and recover your money.
Credit cards offer full financial protection, and your money is protected by law under Section 75 of the Consumer Credit Act. Section 75 states that your card issuer must refund you in full if you don't receive your order. Be aware that many credit cards charge a cash advance fee (typically around 3%) for buying currency, so you may have to weigh up the benefits of full financial protection with the extra cost of using a credit card.