Managing money in Bangkok is straightforward if you know the best places for currency exchange. The official currency is the Thai Baht (THB), and while credit cards are accepted in malls, hotels, and large restaurants, cash is still the preferred mode of payment in local markets, street food stalls, and small businesses.
For the best exchange rates, avoid airport kiosks and head to reputable exchange providers like Super Rich Thailand, Vasu Exchange, or Siam Exchange. These money changers offer significantly better rates than banks and hotels. ATMs are widely available across the city, but most charge a withdrawal fee for foreign cards. To save costs, withdraw larger amounts at once.
Digital payments are also growing in popularity, with options like PromptPay, Rabbit Line Pay, and Alipay being widely accepted. For more details and a list of the best currency exchange spots, visit our Money & Currency Guide for Bangkok.
Currency in Bangkok
The official currency of Thailand is the Thai Baht (THB, ฿). Notes are available in denominations of 20, 50, 100, 500, and 1,000 baht, while coins come in 1, 2, 5, and 10 baht values, as well as 25 and 50 satang (though satang coins are rarely used).
Exchange Rates
Exchange rates fluctuate daily, so it’s best to check the latest rates before exchanging money. Websites like SuperRich Thailand or Bangkok Bank provide up-to-date exchange rates.
Best Places to Exchange Money
Currency Exchange Counters
The best exchange rates are usually found at independent exchange counters rather than at banks or airports. Some of the top-rated money exchange services in Bangkok include:
- SuperRich Thailand (green & orange branches) – Offers the best exchange rates.
- Vasu Exchange – Popular among tourists for fair rates and reliable service.
- Siam Exchange – Located near major tourist areas.
- X-One Currency Exchange – Great for competitive rates in Sukhumvit.
Tip: Always carry your passport when exchanging money, as it is required by Thai law.
Airport Currency Exchange
Exchange services at Suvarnabhumi (BKK) and Don Mueang (DMK) airports are available, but their rates are generally lower. If you need cash immediately, exchange a small amount at the airport and get a better rate in the city.
ATM Withdrawals in Bangkok
ATMs are widely available across Bangkok, including at shopping malls, convenience stores, and transport hubs. Most ATMs allow withdrawals using international debit and credit cards, but there is a 220 THB fee per transaction for foreign cards.
Tips for ATM Use:
- Use bank ATMs like Bangkok Bank, SCB, or Krungsri for reliability.
- Withdraw larger amounts to reduce frequent fees.
- Select ‘Without Conversion’ to avoid unfavorable exchange rates from Dynamic Currency Conversion (DCC).
Digital Payments & Credit Cards
Credit & Debit Card Usage
Major international credit cards (Visa, Mastercard, and Amex) are widely accepted in hotels, shopping malls, and high-end restaurants. However, some local markets, street vendors, and small businesses prefer cash.
Mobile Wallets & Contactless Payments
Bangkok is embracing digital payments, and apps like TrueMoney Wallet, Rabbit LINE Pay, and PromptPay are commonly used. Apple Pay and Google Pay are also accepted in many international stores and chain restaurants.
Essential Money Tips for Travelers
- Avoid large denomination bills – Many small vendors and taxis struggle to provide change for 1,000 THB notes.
- Carry some cash – While Bangkok is modern, cash is still required for street food, local markets, and tuk-tuks.
- Check for hidden fees – Banks may charge additional fees for currency conversion, so always compare rates.
- Beware of scams – Use official exchange counters and avoid exchanging money on the street.
Understanding money matters in Bangkok ensures a hassle-free trip. Whether exchanging currency at the best rates, withdrawing from ATMs, or using digital payments, being prepared will help you navigate the city with ease. With these tips in mind, enjoy your time in Bangkok without financial worries!
