What is the currency in Thailand, can you use USD or euros there, and how much money should you take? Find answers in our in-depth guide to Thai baht. Learn the value of 1 Thai Baht (THB) in Indian Rupees (INR) today. The dynamics of the exchange rate change for a week, for a month, for a year on the chart and in the tables. Convert 1 Baht to Rupees with an online currency converter. The Thai baht , like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as photduang. [2] These were pieces of solid silver cast to various weights corresponding to a traditional system of units related by simple fractions and multiples, one of which is the baht. These are listed ... The Thai Onshore Baht (THB) is the everyday currency used to purchase goods and services in Thailand. The Thai government has put restrictions on currency trading with other countries to limit currency speculation. Offshore banks (banks outside Thailand) cannot exchange THB with foreign currency . They must instead exchange for the Thai Offshore Baht (THO). The offshore Baht is taxed by the Thai government.
