Thai Baht to Indian Rupee ( THB to INR ) Exchange Rate

Thai baht (THB) is the official currency of Thailand which is categorized into 100 satang. The currency is issued by the Bank of Thailand. Thai baht was the best performing currency of the world in the year 2018. Its currency is available in denominations of 1,000, 500, 100, 50, and 20 baht. Among these, 100 baht is the most preferred one.

Apart from this, coins are available in the denominations of 50, 25, 10, 5, 2, and 1 satangs. 10 satang coins is the most commonly used coin. The currency is mainly known as Thai baht or baht and its symbol is an uppercase B having a perpendicular line in its centre.

Thai baht is made with a unique cotton fibre that is extra durable. Each denomination has a different thickness level. So, it is easier to identify them. 100-, 50-, and 20-baht notes comprise the face of the present King of Thailand, King Maha Vajiralongkom.

The foreign exchange rate is determined after taking into consideration the foreign currency's demand, changes in the exchange rate, and the supply of foreign exchange. In the present scenario, the rate of exchange can easily be determined by the market supply and demand of foreign exchange.