I'm planning a trip to Thailand and want to understand how to exchange money for Thai baht. I'm curious about the best methods, whether it's through local banks, currency exchange offices, or maybe even online platforms.
5 answers
Sun Jan 12 2025
The mid-market rate, also known as the interbank rate, is considered the fairest possible exchange rate.
Sun Jan 12 2025
When converting currencies, it is crucial to seek the most favorable exchange rate.
Sun Jan 12 2025
This principle applies regardless of the method you choose for the conversion.
Sun Jan 12 2025
Banks engage in transactions using the real rate. When banks and transfer services exchange Thai baht among themselves, they utilize the mid-market rate.
Sat Jan 11 2025
BTCC, a top cryptocurrency exchange, offers a range of services that cater to various needs. These services include spot trading, futures trading, and wallet management.