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From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. [9] [10] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis.
The 100 baht note's reverse depicts kings Rama V and Rama VI of Thailand. The pictures next by each kings are the notable works done for Siam. For 100 baht note; King Chulalongkorn the great - the royal trip to Norway; the picture shows himself riding in the car with Sam Eyde in Notodden, Norway. They were discussing about electricity as the ...
The one baht note was replaced by a coin in 1957 and the five baht was replaced in 1972. 50 baht notes were again reintroduced in 1985, with the 10 baht note replaced by a coin in 1988. The EURion constellation has been used on the reverse of 100 and 1000 baht notes since 2003.
The 100 baht banknotes of Series 9 were heavily counterfeited, so the multi-colored banknotes with the base color of red were needed. Series 10 consisted of only the 100 baht denomination printed by De La Rue, first issued in 1968. [16] Series 11 began with 5 and 10 baht notes issued in 1969, 20 baht notes in 1971, and 100 baht notes in 1972.
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
The cent is a monetary unit of many national currencies that equals a hundredth (1 ⁄ 100) ... Australian dollar, ... 100 raps Thai baht:
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The Thailand one-satang coin is a currency unit equivalent to one-hundredth of a Thai baht. It is rare in circulation but used in banking transactions. The first satang coin was issued from 1908 to 1937, and featured a hole through the middle. [1] It was made of bronze and measured 22mm in diameter, weighing 4.6g. It bore the name of King Rama ...