When going abroad, you need to think carefully about the "money issue". What currency operates in this country, what is the exchange rate, which is better - cash or non-cash settlement, how much money to take with you? Today we will talk about how to prepare for a trip to Thailand.
What money is in Thailand?
The official currency of Thailand is baht. One baht equals 100 satangas. There are coins (25 and 50 satangs, 1, 2, 5 and 10 baht) in circulation, as well as paper bills of 20, 50, 100 baht and so on. As a result of devaluation, satangs are practically depreciated, so you are unlikely to see these coins in use. However, in some situations it does not hurt to know how the money is called in Thailand.
What is noteworthy, you can pay for any goods and services in this country only by local currency. So, exchange operations are inevitable. But the customs rules can not but rejoice: the import of currency into Thailand, both local and foreign, is not limited. But large amounts of money (more than 50,000 baht) are subject to declaration when exporting them from the country.
Currency Exchange in Thailand
How much and what money to take with you to Thailand, it's up to you. It will be most convenient to change the entire amount of money you plan to spend for dollars or euros, while still at home. There is no significant difference between the rates of these two currencies within the country, so what kind of currency you will take, it does not matter. Rubles in the Kingdom of Thailand can also be exchanged, but the rate is not the most profitable.
In addition, it should be noted that to take dollars (euros) is better than large bills. Why is that? The thing is the difference in exchange rates between a large and a small bill (about 100 baht with the exchange of $ 100). In addition to the merit of the note, it is also worth paying attention to the year of its issue. In many exchangers and banks in Thailand, dollars before 1993 release may simply not be accepted, for fear of fakes.
About where to change money in Thailand, you do not need to worry much. There are a lot of exchange points and bank branches here. For the first time you will see them at the airport, but do not rush to change the whole amount of cash there at once. The rates in the airport exchangers are at least a little, but they are too high. This applies to most tourist hotels. It is better to get a small amount of baht for small expenses. Leave and a few dollar bills, which may be needed to pay for some private services of tourist guides.
Most of the exchange offices are in tourist areas: they are located here at every step. Walking around the city, just take a look at the signs with the courses. Also, the currency can be exchanged in any supermarket, where there is a branch of the bank.
Where to keep money in Thailand?
The ideal option for a trip is to keep part of your funds on a bank card or use a cashless payment. In the Kingdom of Thailand all international payment and credit cards of the world are accepted for payment, there is an opportunity to use ATMs. A certain inconvenience is the innovation of Thai banks, which assumes a tax of 150 baht (about 5 cu) for each transaction and a withdrawal limit (about $ 300). Therefore, the ratio of cash and "card" money - a purely personal matter.
Also worth noting is the ability to pay by traveler's checks. In some resort areas of Bangkok and Pattaya, the use of this payment instrument is even more profitable than cash payment. Checks are issued by issuing banks, and you can buy / exchange them only in banking organizations.
Estimated costs
So how much money do you need to take with you on the trip? It depends on your intentions regarding future entertainment and shopping. It is commonly believed that spending in Thailand should be planned at a rate of 50-100 dollars per day per person. Naturally, the higher this bar, the more you can afford.
This money is spent, first of all, on the purchase of souvenirs and visiting the cafe (how not to taste the local Thai cuisine?). The spread of food prices is quite large, in addition, you should consider your type of food in the hotel. A separate item of expenditure are excursions (from 500 to 7000 baht). They can be included or not included in your ticket. As for entertainment, for example, the prices for Thai massage vary from 200 to 500 baht (depending on the level of the cabin). And if you want, you can visit the spa and various entertainment shows.
No matter how much money you take with you to Thailand, you will definitely spend it. Therefore, reinsure and take a little more. It will be better than to come to rest and limit yourself in spending.