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Monday, June 3, 2019

4 Unusual Facts about the Thailand Baht

4 Unusual Facts about the Thailand Baht

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Are you planning a vacation to Thailand? Before you fly over, you should get to know their currency with these unusual facts. 

History of the baht

Prior to banknotes, Thailand used coins, pot duang, and baked clay coins. The Bank of Thailand has the exclusive authority to issue baht. Each baht is equal to 100 satang coins. The Thailand baht is most regularly referred to as Thai baht or just simply baht. The symbol used for this currency is ฿.

The Banknotes

There are denominations of ฿20, ฿50, ฿100, ฿500 and ฿1,000. Each banknote illustrates a picture of the reigning king on the front, and different kings in Thailand's history on the back. The most common banknote is the ฿100 note.

Security Features

The Thailand baht is made of a special cotton fiber that makes it very durable. Each banknote denomination has a different thickness and feel. In addition, the notes have raised ink called intaglio ink, which allows for a very tactile feel. There are also hidden Arabic numerals on the lower left corner of every banknote you can look for!

Culture and currency

In Thailand, it is considered rude to carry banknotes in your back pocket, because it is considered sitting on the image of the King. Another offensive act against the monarchy is stepping on a banknote or coin. Any act of disrespect towards the King is frowned upon.

Similarly, in many shops in Thailand, you may find smaller denomination banknotes displayed, as a symbol of respect and health towards the King. Always make sure you show respect when handling this currency.

 

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Posted By Isabella Guevara at 12:00 PM
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