The legal tender is the Thai Baht (TH฿), which is linked to the US dollar at a rate of about 34 THB to 1 USD, although exchange rates may fluctuate slightly.
Banknotes (issued by the government)
฿20 – Green
฿50 - Blue
฿100 - Red
฿500 - Purple
฿1000 - Gray
Coins (issued by the government)
Satang 25 - in bronze, circular, smaller
Satang 50 - in bronze, circular
฿1 - in silver, circular, thinner
฿5 - in silver, circular, thicker
฿10 - in bronze and silver, circular
The Thailand Elite Card The Thailand Elite Card, a privileged VIP card, designed to give huge privileges to wealthy foreign tourists visiting Thailand, is struggling to stay alive.
Members subscribing for the Elite Card are not anywhere near the 100,000 members projected by the Thailand Privilege Card Co Ltd for this date.
Thailand Privilege Card Co Ltd has so far sold only 400 Elite Cards, a very far cry from the Thai government's ambitious target of 1 million cards it hoped to sell to well-heeled Thailand visitors.
The executives of the Thailand Privilege Card company are now planning road-shows to Europe, China, Japan, Hong Kong, Singapore, Taipei and the Middle East to promote the Thailand Elite card as the he company must increase its membership by at least 99,600 members by the end of this year, which will not be an easy task to achieve.
One of the main promotion features of the VIP card and part of the Thai government's efforts to attract "Premium Visitors" to Thailand, is a claim that owing a Privilege Card, gives foreigners the right to buy and possess property and land in Thailand for residential purposes, but the exact legal status of such ownership is still very uncertain as it violates completely the current land ownership legislation in Thailand.
The Elite Card company says that the Thailand Privilege Card is the world's first "Country Privilege Membership Card" offered on the market and offers a large array of incentives for its members, such as free first-class Thai Airways travel and VIP treatment upon arrival in Thailand plus a special 5-year, multiple-entry visa.
The card also provides free access to a 24-hour multi-language call centre, which keeps Elite Members informed about golf, massage and health services, as well as different discounts offered by hotels and restaurants all over the Kingdom.
There are 3-types of Elite Card available:
An individual card costing 1 million Baht (US$ 25,650) with transferable lifetime membership for one person.
An individual card for foreigners living in Thailand priced at 2 million Baht (US$ 51,300).
A corporate card costing 2 million (US$ 51,300) with a 30-year membership for two people.
Money Exchange
You can exchange your currency for Thai Baht at authorized money exchangers. At Phuket International Airport, currency exchange counters are conveniently open from early morning to late at night. There are 24-hour automated teller machines. The exchange rate fluctuates daily depending on the money market.
ATMMembers subscribing for the Elite Card are not anywhere near the 100,000 members projected by the Thailand Privilege Card Co Ltd for this date.
Thailand Privilege Card Co Ltd has so far sold only 400 Elite Cards, a very far cry from the Thai government's ambitious target of 1 million cards it hoped to sell to well-heeled Thailand visitors.The executives of the Thailand Privilege Card company are now planning road-shows to Europe, China, Japan, Hong Kong, Singapore, Taipei and the Middle East to promote the Thailand Elite card as the he company must increase its membership by at least 99,600 members by the end of this year, which will not be an easy task to achieve.
One of the main promotion features of the VIP card and part of the Thai government's efforts to attract "Premium Visitors" to Thailand, is a claim that owing a Privilege Card, gives foreigners the right to buy and possess property and land in Thailand for residential purposes, but the exact legal status of such ownership is still very uncertain as it violates completely the current land ownership legislation in Thailand.
The Elite Card company says that the Thailand Privilege Card is the world's first "Country Privilege Membership Card" offered on the market and offers a large array of incentives for its members, such as free first-class Thai Airways travel and VIP treatment upon arrival in Thailand plus a special 5-year, multiple-entry visa.
The card also provides free access to a 24-hour multi-language call centre, which keeps Elite Members informed about golf, massage and health services, as well as different discounts offered by hotels and restaurants all over the Kingdom.
There are 3-types of Elite Card available:
An individual card costing 1 million Baht (US$ 25,650) with transferable lifetime membership for one person.
An individual card for foreigners living in Thailand priced at 2 million Baht (US$ 51,300).
A corporate card costing 2 million (US$ 51,300) with a 30-year membership for two people.
Money ExchangeYou can exchange your currency for Thai Baht at authorized money exchangers. At Phuket International Airport, currency exchange counters are conveniently open from early morning to late at night. There are 24-hour automated teller machines. The exchange rate fluctuates daily depending on the money market.
Automated teller machines (ATMs) can be found almost everywhere.
Traveller's Cheques & Credit Cards
Traveller's cheques are accepted by leading banks and hotels. International credit cards such as American Express, VISA, Diners Club and MasterCard are also widely acceptable at hotels, retail shops and restaurants. Such premises usually display stickers of accepted cards at their entrance.
Thai Baht Converter
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