The Best Currency to Take When Traveling from India to Bangkok

When planning a trip to Bangkok from India, one must decide whether to take Thai Baht, US Dollars, or a Forex Card. Each method has its pros and cons, and understanding these can help you make the best decision for your travel budget and convenience.

Thai Baht (THB)

Pros: Avoids exchange rate fees when making purchases. You'll pay the local rate directly.

Cons: You need to exchange currency in India before your trip, potentially incurring fees. Carrying large amounts of cash can be risky. Exchange rates might not be as favorable while exchanging currency in India.

US Dollars (USD)

Pros: Widely accepted in Thailand, especially in tourist areas. Can be exchanged easily at banks, exchange counters, and sometimes hotels.

Cons: Will likely face exchange rate fees twice: once exchanging INR to USD in India and again exchanging USD to THB in Thailand. Exchange rates might not be the most favorable.

Currency Conversion Strategies

Many travelers find that a mix of both currencies is the best approach. For instance, you might take 80 USD and 20 THB and then convert the USD into THB at currency exchange offices or banks once you arrive. This strategy combines the benefits of both methods:

It avoids potential exchange fees when exchanging at home. You have some cash on hand to start your trip without exchanging at high fees. You benefit from better exchange rates in Bangkok.

Exchange Rates and Locations

Some travelers recommend simply carrying USD and exchanging a small amount at the airport once you arrive. Here's why this is often a good idea:

Exchange rates at the airport can be less favorable, so getting some USD in the city where you're staying is recommended. There are often plenty of currency changers in the main cities of Thailand, making it easy to exchange USD to THB.

Another efficient approach is to carry your home currency with initial expenses and then get the remainder exchanged at local kiosks. These kiosks tend to offer the best rates in popular tourist areas.

Forex Cards: A Secure Option

A Forex Card is another valuable option, especially if you're concerned about safety and convenience:

Generally offers zero markup on exchange rates compared to cash exchanges. Offers protection against loss or theft. Has lower transaction fees than using credit/debit cards abroad.

However, a Forex Card may have limited acceptance in remote areas, so it's important to check beforehand.

Best Option: USD and THB in Bangkok

Considering the ease of use, acceptance, and better exchange rates, the best option is to carry US Dollars rather than Thai Baht. USD are easy to carry, and you'll find numerous money changers in Bangkok who charge less commission for conversion and often offer better rates.

Avoid exchanging your USD at the airport, as they typically offer lower rates. Once you reach Bangkok, you can exchange your USD to THB using local currency changers at competitive rates.

In contrast, Thai Baht bought in India might be more expensive due to the currency conversion fees charged.

By following these tips and strategies, you can ensure a more comfortable and cost-effective trip to Bangkok from India.