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Money trees featuring Thai banknotes in Tak province One baht bill. The banknotes of the Thai baht are part of the physical form of the Thai baht, Thailand's currency. The issuance of the baht banknotes is managed by the Bank of Thailand. Throughout its history, the denominations have ranged from 1 baht to 1,000 baht.
The baht (/ b ɑː t /; Thai: บาท, pronounced; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang ( สตางค์ , pronounced [sà.tāːŋ] ). Prior to decimalisation , the baht was divided into eight fueang ( เฟื้อง , pronounced [fɯá̯ŋ] ), each of eight at ( อัฐ ...
Demands for anti-counterfeiting technology, along with the aim of the Thai government to draw public attention to the deeds of the monarchs of the Chakri Dynasty compelled the Bank of Thailand to issue the Series 15 Banknotes in five denominations: 20 baht in 2003, 50 baht in polymer sheets in 1997 before being replaced by the familiar paper ...
The 100 baht note (100฿) is one of the most commonly used Thai baht banknotes and has been used since 1892. The 17th series notes are currently in circulation having been introduced in 2018. The 15th, 16th and 16th (special) series are also very common in circulation.
However, Thailand lacked the foreign reserves to support the USD–Baht currency peg, and the Thai government was eventually forced to float the Baht, on 2 July 1997, allowing the value of the Baht to be set by the currency market. This caused a chain reaction of events, eventually culminating into a region-wide crisis. [40]
The 20 baht note (20฿) is currently the lowest-in-value baht banknote and has been used since 1892. The 17th series notes are currently in circulation having been introduced in 2018. The 17th series notes are currently in circulation having been introduced in 2018.
The baht is still used as a unit of measurement in gold trading. However, one baht of 96.5% gold bullion is defined as 15.16 grams rather than the generic standard of 15 grams. The baht has also become the name of the currency of Thailand, which was originally fixed to the corresponding mass of silver.
The Thailand five-baht coin is a denomination coin of the Thai baht, the Thai currency unit. Like all coins in Thailand, its obverse features King of Thailand, Vajiralongkorn Bodindradebayavarangkun , and previously Bhumibol Adulyadej .