The official currency of Thailand is the Thai Baht, abbreviated as THB. One Baht is divided into 100 satang. The symbol for the Baht is ฿, and it is widely used in everyday transactions throughout the country, from markets to hotels. The Bank of Thailand is responsible for issuing and regulating the currency. The Baht comes in various denominations, including coins of 1, 2, 5, and 10 Baht, as well as banknotes of 20, 50, 100, 500, and 1,000 Baht. The currency is an essential part of Thailand's economy and daily life.