The name Baht was used as the Thai name for the currency since the 19th century. Both the Tical and Baht currencies were originally units of weight, and coins were issued in both silver and gold, denominated by their weight in Baht and its fractions and multiples.
Is 1000 baht a lot?
Yes 1000 baht/day is a decent minimum budget, allowing you stay in single rooms (dorms/hostels are rare) or double/triple-up with fellow travellers, eat well (seek out what locals eat) and splash out for a couple beers.
How much is $1 US in Thailand?
Convert US Dollar to Thai Baht
|1 USD||33.3678 THB|
|5 USD||166.839 THB|
|10 USD||333.678 THB|
|25 USD||834.196 THB|
Is Thailand cheaper than India?
India is, by quite some margin, cheaper than Thailand in every aspect – except from alcohol. … Local activities, food, travel and accommodation are all significantly cheaper in India. Hostels in India average around 5-8 USD a night per room. Hostels in Thai cities such as Phuket or Bangkok will not be as cheap.