Currency Exchange in Thailand – Where to Get the Best Rates

If you're living in or visiting Thailand, exchanging money wisely can make a big difference in how much baht you get—and how much you keep. Whether you're a digital nomad, retiree, or frequent traveler, understanding where, how, and when to exchange currency in Thailand will help you avoid costly mistakes.

💱 1. Should You Exchange Cash or Use Your Card?

Cash exchange is often the best value for large amounts. But it’s not always the most convenient.

• Pros of cash exchange: Better rates than ATMs or credit cards

• Cons: Carrying large amounts of cash can be risky

Cards like Wise or Revolut offer safety and ease, especially when paired with ATMs that don’t charge extra.

🔍 Pro Tip: Combine methods. Bring some cash for initial exchange, then use a multi-currency card for everyday payments.

📍 2. Best Places to Exchange Currency in Thailand

✅ Superrich Thailand (Green or Orange)

• Bangkok’s most famous exchange company

• Locations in Siam, Silom, Sukhumvit, and airports

• Excellent rates, especially for USD, EUR, GBP, JPY

✅ Vasu Exchange (Nana, Bangkok)

• Popular with expats and tourists

• Located near BTS Nana

• Accepts a wide range of foreign currencies

✅ Value Plus & X-One Exchange

• Emerging competitors with strong rates

• Branches in Sukhumvit and Phuket

❌ Avoid Airport Counters (if possible)

• Rates at Suvarnabhumi and Don Mueang airports are often 5–10% worse

• OK for emergencies, but not for major exchanges

🕐 3. When to Exchange – Timing Tips

• Currency exchange rates fluctuate daily

• Check XE.com or Google Exchange Rates before going

• Avoid weekends—rates may be slightly worse, and some counters close early

📑 4. What You’ll Need

• Passport – Required at most counters for amounts over ฿15,000

• Clean, undamaged foreign bills

  • No rips, ink marks, or tears

  • High-denomination notes (e.g., $50, $100) get better rates than small ones

💡 $100 bills from 2009 or newer get the best rate. Older notes might be rejected.

💸 5. Currencies That Get the Best Rates

• USD – United States Dollar

• EUR – Euro

• GBP – British Pound

• JPY – Japanese Yen

• SGD – Singapore Dollar

Other currencies (e.g., Indian Rupee, Philippine Peso) may have limited availability or worse rates.

📉 6. Watch for Hidden Charges

Most exchange counters in Thailand don’t charge commission, but always:

• Ask if the rate includes fees

• Compare buying rates (not selling) for your currency

• Count your baht before leaving the counter

💳 7. Using Multi-Currency Cards as Backup

If you don’t carry much cash:

• Use cards like Wise, Revolut, YouTrip (Asia-based)

• Link to your home currency, convert to THB before spending

• Withdraw baht from Thai ATMs with low fees

🧾 8. Should You Exchange in Your Country or in Thailand?

• Exchange small amount in your home country (just enough for taxi, SIM, snacks)

• Exchange the rest in Thailand—better rates

• Some countries have poor rates for Thai baht (e.g., UK, India)

🚫 9. Common Mistakes to Avoid

• Bringing torn or old bills

• Exchanging at hotels or tourist booths

• Accepting a “convenience” rate without checking online

• Forgetting to keep receipts if exchanging large sums (for security/tax)

✈️ Where to Exchange at Bangkok Airports (If You Must)

At Suvarnabhumi Airport:

• Go to Basement B Floor, near Airport Rail Link

• Better rates than exchange booths on arrival level

Final Thoughts

Smart currency exchange in Thailand isn’t just about saving a few baht—it adds up, especially for long stays. By avoiding bad exchange spots, comparing rates, and keeping your money safe, you’ll stretch your travel or living budget much further.