The Thai Baht (THB) is the official currency of Thailand. It is divided into 100 satang. The Baht has been in use in Thailand since the late 1800s. The Bank of Thailand is responsible for issuing and regulating the currency.The Baht is widely accepted in Thailand and is also used in some neighboring countries, including Cambodia and Laos. The currency is available in both coin and banknote form, with denominations ranging from 1 satang to 1,000 baht.The Thai government has implemented measures to stabilize the value of the Baht against other major currencies, but it can still fluctuate due to a variety of economic and political factors.