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The baht ( / bɑːt /; Thai: บาท, pronounced [bàːt]; 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 feuang ( เฟื้อง, pronounced [fɯá̯ŋ] ), each of eight att ( อัฐ ...
The 1997 Asian financial crisis was a period of financial crisis that gripped much of East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. [ 1]
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 circulating banknotes today in Thailand, however, are ranged from 20 baht, 50 baht, 100 ...
The Malaysian ringgit ( / ˈrɪŋɡɪt /; plural: ringgit; symbol: RM; currency code: MYR; Malay name: Ringgit Malaysia; formerly the Malaysian dollar) is the currency of Malaysia. Issued by the Central Bank of Malaysia, it is divided into 100 cents ( Malay: sen ).
THB may refer to: Tanah Abang station. Tetrahydrobiopterin, a chemical. Tetrahydrocorticosterone, a hormone. Thai baht, the currency of Thailand (ISO 4217 code: THB) THB (comics), and the character Tri-Hydro Bi-Oxygenate. Three Horses Beer of Madagascar. Toronto, Hamilton and Buffalo Railway reporting mark. IATA code of Thaba Tseka Airport, an ...
The Bank of Laos governor announced on January 25, 2012, that the Bank of Laos would issue 100,000 Kip banknotes as a regular issue on February 1, 2012 (but dated 2011) to encourage Lao people to use the national currency instead of U.S. dollars and Thai baht. [13] [14] [15] As of 2019, the ₭500 note is the smallest one commonly in circulation.
The history of Thai money used as a medium of exchange and to settle accounts before the adoption of Thai baht coins and banknotes include novel designs and forms. For Thai people, money was considered as the symbol of civilization. Currency itself reflected faith in religion, culture, the customs and traditions of each era and also serve as a ...
The one-baht coin is a denomination coin of the Thai baht, the Thai currency unit. Like all coins in Thailand, its obverse features the King of Thailand, Vajiralongkorn, and previously Bhumibol Adulyadej. The newest set of coins features King Vajiralongkorn's royal monogram on the reverse side while the coins of the previous set featured Wat ...