THB
Business & Finance abbreviation · Currency
| Stands for | Thai baht |
|---|---|
| Categories | Business & Finance |
THB stands for Thai baht, a currency abbreviation.
Thailand's currency, issued by the Bank of Thailand and divided into 100 satang. Every banknote carries the portrait of the reigning king.
Example: A Bangkok street-food meal costs about THB 60 to 80.
Usage notes
The baht began as a unit of weight for silver, about 15 grams, and gold in Thailand is still sold by the baht. Thailand's decision to float the baht in July 1997 triggered the Asian financial crisis. Prices locally use the ฿ sign.