The Thai unit of currency is the Baht. The current exchange rate (10.05.2000) is 37.05 Baht for 1 US$. Changing money is never a problem; all major banks operate money exchange counters in Chiang Mai that are open every day until 8 p.m. The basic exchange rates are the same everywhere. It is best to bring traveller`s cheques, because they are safer and because the exchange for them is slightly better than the rate for cash . (You have to show you passport and give your address in Thailand if you want to cash a cheque.)
Major credit cards (Visa, American Express, MasterCard) are generally accepted in hotels and the big shops.
Most restaurants add a 10 per cent service charge to the bill but an additional 5 to 10 per cent may be given, where deserved. When a service charge is not automatic,10 per cent is acceptable. Small tips may also be given to taxi drivers, bellboys, or roommaids.
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