Currency Thai baht
The Thai baht (ISO code: THB) is the official currency of Thailand. One baht is subdivided into 100 satangs. It is one of the oldest currencies in Southeast Asia and holds significant economic importance in the region. The currency symbol is ฿, and both coins and banknotes of various denominations are in circulation.
Banknotes are issued in the following denominations:
- 20 THB (green),
- 50 THB (blue),
- 100 THB (red),
- 500 THB (purple),
- 1000 THB (brown).
All banknotes feature the portrait of the King of Thailand. Currently, they depict King Maha Vajiralongkorn (Rama X), who ascended to the throne in 2016. Previously, the banknotes showcased King Bhumibol Adulyadej (Rama IX), one of the most revered monarchs in Thailand's history. The reverse sides of the banknotes illustrate important figures from Thailand’s history, such as ancient kings and warriors, as well as scenes related to Thai culture, art, and architecture. Coins are divided into satangs (1, 5, 10, 25, 50 satangs) and bahts (1, 2, 5, and 10 THB). The obverse of each coin also features the portrait of the King, while the reverse often displays famous temples, such as Wat Phra Kaew or Wat Arun.
Baht was originally a unit of weight for silver used in trade. In ancient times, coins were minted from metals corresponding to this weight. The Thai baht is one of the most stable currencies in Southeast Asia, making it a popular medium of exchange in international trade. Thailand enforces strict laws prohibiting the destruction of money, as it bears the image of the King, who is highly revered. Stepping on a banknote is considered an insult to the monarchy and can lead to legal consequences. To celebrate significant national events, such as coronations or royal birthdays, the Bank of Thailand issues special commemorative banknotes. In tourist-heavy areas of Thailand (e.g., Bangkok, Phuket), U.S. dollars are sometimes accepted for payment, but change is usually given in baht. Banknote and coin designs frequently incorporate Buddhist motifs, reflecting the prominence of Buddhism as the dominant religion in Thailand. These designs emphasize the importance of spirituality in Thai culture.