Do they exchange old dollars in Bangkok and do they charge a commission for it?
Answers 2
Answered by Admin
Yes, old dollars are exchanged in Bangkok, but be prepared that for old-style banknotes (issued before 2006, Small Face series) the rate may be 0.2–0.5 baht lower than for new ones. This is an unofficial practice and depends on the specific exchange office.
Here's what is important to know when exchanging old dollars in the capital of Thailand:
- Where to exchange without problems: In large chain exchange offices such as Superrich (both orange and green) and Happy Rich. They accept old banknotes, but the rate for them may be slightly worse. At the main Superrich offices in the Pratunam area (near Big-C), conditions are usually more favorable than in small branches.
- Where they may refuse: In small private exchange offices, especially in tourist areas like Khao San Road, old dollars may not be accepted at all or they may offer a very unfavorable rate. They prefer to work only with new banknotes.
- What discount: The difference in rate between old and new dollars is usually 0.2–0.5 baht per dollar. For example, if a new dollar is exchanged at 34.5 baht, then for an old one they will give 34.0 or 34.3 baht. This is not a commission in the usual sense, but simply a less favorable rate.
- Check the condition of banknotes: Even old dollars must be in good condition — without tears, stains, or inscriptions. Heavily worn banknotes may not be accepted anywhere.
We advise you to check the current rate on the exchange offices' websites before your trip. For example, green Superrich (superrichthailand.com) and orange (superrich1965.com) have online boards showing the rate for different dollar series at a specific branch.
If you have a large amount of old dollars (from 500–1000 USD), it is best to go to the main Superrich offices in the Pratunam area. You can get there by metro to Chit Lom station or by boat along the canal from Panfa Leelard Pier (if you are from the Khao San Road area). There the rate will be the most favorable, and the discount for old banknotes will be minimal.
You can learn more in our reliable and honest guide in the article Where to exchange money in Bangkok. There we detailed all exchange offices, including those operating at Suvarnabhumi Airport, and gave practical tips from personal experience.
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Comments 1
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