The Thai currency is one of the most complex and confusing pieces of money in the world. Many people think it is the most valuable because they believe it is made up of 10,000 pieces of pure gold and precious stones. It is actually made up of several different currencies. The most popular is the rupiah, which is the currency of Thailand and also known as the kyat. You can spend it for everything from food and goods to travel and luxury.
The most confusing part of the currency is that the value of an Thai rupiah is based on the price of a single coin. This can cause some confusion because each rupiah has a different weight, and therefore different value is printed on the coin. If you are buying a bag of rice or a bottle of water for $1, you are buying an $1 bill or a $1 coin. In reality, these have the exact same value, and you should just exchange the two.
Thai coins are the most common value in Thailand. They are easily bought in Thailand. As the price of each Thai coin drops rapidly, the value of the Thai rupiah will drop even more quickly than the value of the Thai coin. This is why Thai coins are usually kept in a wallet at least five dollars (some of which are worth hundreds of thousands of dollars) and still cost you money.
Most coins on the market are 1-peso pieces, but a few are made up of smaller coins and then they are worth even less. The most common one for coins is 1 baht, but you can buy the 1.2 baht coin if you want to.
