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Thailand introduces banknotes featuring King Rama X

29.03.2018 61 просмотров

Banknotes in denominations of 20, 50 and 100 baht will go into circulation from April 2018, the Central Bank of the country said.

This summer, it is also planned to put into circulation banknotes in denominations of 500 and 1000 baht. On the front side of the paper banknotes, King Rama X will be depicted in the form of the Royal Air Force, according to Thailand Today. The color palette and the size of the banknotes will remain unchanged. 

The image of the monarch will also appear on metal coins in denominations of 1, 2, 5 and 10 baht, as well as on smaller ones: 1, 5, 20, 25 and 50 satang . 

Last year banknotes depicting the late King Rama IX of Thailand were issued, the publication clarifies. Old banknotes will continue to be in circulation. 

For reference: 

The concept of "bat" ” is found already in the XIV century. It was the local name for a common unit of measurement for several states of Indochina (Burma, Siam, Laos and Cambodia) - tikal. It served as both a monetary unit and a unit of mass measurement. On April 15, 1928, the national currency of Siam (since 1939 - Thailand) became officially known as the baht. The tickals of previous issues were exchanged at a ratio of 1:1.

Thai baht_small.jpg
Thai baht depicting King Rama IX.

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