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Satang
The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-most-frequently used world payment currency as of January 2019. History The Thai baht, like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as 15 grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as '' phot duang''. These were pieces of solid silver cast to various weights corresponding to a traditional system of units related by simple fractions and multiples, one of which is the ''baht''. These are listed in the following table: That system was in use up until 1897, when the decimal system devised by Prince Jayanta Mongkol, in which one baht = 100 satang, was introduc ...
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One-satang Coin
The Thailand one-satang coin is a currency unit equivalent to one-hundredth of a Thai baht. It is rare in circulation but used in banking transactions. The first satang coin was issued from 1908 to 1937, and featured a hole through the middle. It was made of bronze and measured 22mm in diameter, weighing 4.6g. It bore the name of King Rama VI. A coin in the same design was minted in 1939 with name of King Rama VIII, and had a mintage of 24.4 million. In 1941 the design of the coin changed, although it was still bronze with a hole. The diameter changed to 20mm and the weight to 3.5g. The hole was removed in 1942 as the coin's composition became tin, reducing its weight to 1.5g and the diameter to 15mm. Only issued in 1942, it had a mintage of 20.7 million. The design was changed on the coin, although it retained its specifications, in 1944. This coin had an issue of 500,000. The coin then fell out of circulation. It was reintroduced in 1987 as an aluminium coin weighing 0.5g and ...
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Five-satang Coin
The Thailand five-satang coin is a unit of currency equivalent to one-twentieth of a Thai baht. It was introduced in 1908 as a coin with a hole through its middle, which was minted until 1939. In 1946 the hole was removed and the new Thai monarch featured on the obverse: Rama IX Bhumibol Adulyadej ( th, ภูมิพลอดุลยเดช; ; ; (Sanskrit: ''bhūmi·bala atulya·teja'' - "might of the land, unparalleled brilliance"); 5 December 192713 October 2016), conferred with the title King Bhumibol the Great .... In 1996 a five-satang coin marked the 50th anniversary of his reign. Mintages * 1987 ~ 10,000 * 1988 ~ 694,000 * 1989 ~ 462,000 * 1990 ~ 368,050 * 1991 ~ 25,000 * 1992 ~ 61,000 * 1993 ~ 100,000 * 1994 ~ 500,000 * 1995 ~ 500,000 * 1996 ~ 0 * 1997 ~ 10,000 * 1998 ~ 10,000 * 1999 ~ 20,000 * 2000 ~ 10,000 * 2001 ~ 50,000 * 2002 ~ 0 * 2003 ~ 10,000 * 2004 ~ 10,000 * 2005 ~ 20,000 * 2006 ~ 3,000 * 2007 ~ 10,000 * 2008 ~ 10,000 * 2009 ~ 10,000
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Ten-satang Coin
The Thailand ten-satang coin is a currency unit equivalent to one-tenth of a Thai baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-mos .... It is rare in circulation but used in banking transactions. Mintages * 1987 ~ 5,000 * 1988 ~ 895,000 * 1989 ~ 80,000 * 1990 ~ 100,050 * 1991 ~ 25,000 * 1992 ~ 61,000 * 1993 ~ 100,000 * 1994 ~ 500,000 * 1995 ~ 500,000 * 1996 - 0 * 1997 ~ 10,000 * 1998 ~ 10,000 * 1999 ~ 20,000 * 2000 ~ 10,000 * 2001 ~ 50,000 * 2002 - 0 * 2003 ~ 10,000 * 2004 ~ 10,000 * 2005 ~ 20,000 * 2006 ~ 3,000 * 2007 ~ 10,000 * 2008 ~ 10,000 * 2009 ~ 10,000 1908–1939 coin A historical version of the coin was introduced in 1908 as a coin with a hole through its middle and minted until 1939.http://worldcoingallery.com/countries/display.php?image=img11/175-37&desc=Thailand y37 ...
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Twenty-five-satang Coin
The Thailand twenty-five-satang coin is a currency unit equivalent to one-fourth of a Thai baht. It is commonly called ''salueng'' ( th, สลึง) by Thai speakers. ''Salueng'' is the name of a Thai units of measurement, historical Thai measurement, equal to one quarter of a baht or . Mintages * 1987 ~ 5,108,000 * 1988 ~ 42,096,000 * 1989 ~ 58,940,000 * 1990 ~ 81,384,000 * 1991 ~ 45,496,380 * 1992 ~ 71,311,000 * 1993 ~ 236,130,000 * 1994 ~ 102,856,000 * 1995 ~ 17,000,000 * 1996 ~ 185,012,523 * 1997 ~ 85,000,000 * 1998 ~ 20,000,000 * 1999 ~ 10,000 * 2000 ~ 200,098,000 * 2001 ~ 10,000 * 2002 ~ 141,562,000 * 2003 ~ 82,668,000 * 2004 ~ 104,830,000 * 2005 ~ 95,362,000 * 2006 ~ 120,003,000 * 2007 ~ 180,000,000 * 2008 (old series) ~ 255,600 * 2008 (new series) ~ 289,995,600 * 2009 ~ 220,000,000Treasury Department e-catalog
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Fifty-satang Coin
The Thailand fifty-satang coin is currency unit equivalent to one-half of a Thai baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the responsibility of the Bank of Thailand. SWIFT ranked the Thai baht as the 10th-mos .... It is also called สองสลึง (''song salueng'' - "two ''salueng''" while สลึง ''salueng'' is used to describe the 25-satang coin). In 2008, fifty satang coin was minted both old aluminium series bronze and new copper series. Image:50 satang obverse (old2008).png, Obverse of old series 50 satang minted in 2008 Image:50 satang reverse (old2008).png, Reverse of old series 50 satang minted in 2008 Mintages * 1987 ~ 1,000 * 1988 ~ 23,775,000 * 1989 ~ 57,969,000 * 1990 ~ 92,960,000 * 1991 ~ 4,660,380 * 1992 ~ 105,451,000 * 1993 ~ 36,296,000 * 1994 ~ 161,172,000 * 1995 ~ 147,670,000 * 1996 ~ 30,840,000 * 1997 ~ 58,336,000 * 1998 ...
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Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ...
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Chulalongkorn
Chulalongkorn ( th, จุฬาลงกรณ์, 20 September 1853 – 23 October 1910) was the fifth monarch of Siam under the House of Chakri, titled Rama V. He was known to the Siamese of his time as ''Phra Phuttha Chao Luang'' (พระพุทธเจ้าหลวง, the Royal Buddha). Chulalongkorn's reign was characterised by the modernisation of Siam, governmental and social reforms, and territorial concessions to the British and French. As Siam was surrounded by European colonies, Chulalongkorn, through his policies and acts, ensured the independence of Siam. All his reforms were dedicated to ensuring Siam's independence given the increasing encroachment of Western powers, so that Chulalongkorn earned the epithet ''Phra Piya Maharat'' (พระปิยมหาราช, the Great Beloved King). Early life King Chulalongkorn was born on 20 September 1853 to King Mongkut and Queen Debsirindra and given the name Chulalongkorn. In 1861, he was designated ' ...
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Spanish Dollar
The Spanish dollar, also known as the piece of eight ( es, Real de a ocho, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content 25.563 g = 0.822 oz t fine silver. It was widely used as the first world currency, international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the late 18th century. The Spanish dollar was the coin upon which the original United States dollar was based (at 0.7735 oz t = 24.0566 g), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Yuan (currency), Chinese yuan, were initially based on the Span ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ...
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Thai Units Of Measurement
Thailand adopted the metric system on 17 December 1923.Minutes of the 7th General Conference on Weights and Measures
1927, page 69
However, old Thai units are still in common use, especially for measurements of land. Before metrication, the traditional system of measurement used in Thailand employed anthropic units. Some of these units are still in use, albeit standardised to SI/metric measurements. When the Royal Thai Survey Department began cadastral survey in 1896, Director R. W. Giblin, F.R.G.S., noted, "It so happens that 40 metres or 4,000 centimetres are equal to one ''sen''," so all cadastral plans are plotted, drawn, and printed to a scale of 1:4,000. The square ''wa'', ''ngan'' and ''rai'' are still used in mea ...
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Jayanta Mongkol
Jayanta Mongkol, the Prince Mahisara Rajaharudaya ( th, พระองค์เจ้าไชยันตมงคล กรมหมื่นมหิศรราชหฤทัย; ; 30 January 1866 – 15 April 1907) was a son of King Mongkut, Rama IV, and his Royal Consort Huang. He was 13 years younger than his brother, Chulalongkorn, who would become Rama V. The prince was a leading member of the progressive clique known as the "Young Siam", on whom King Chulalongkorn relied for support in his efforts to reform the country. At the king's insistence, the younger members of his family and extended family were all educated in Western ways, sometimes attending schools abroad. Biography Prince Jayanta began his public career with the Royal Guard and was later transferred to a civilian post in the Bureau of the Royal Secretariat. In 1895, Prince Jayanta was given the royal title Prince Mahisara Rajaharudaya, and was promoted to a very high position in the Siamese court. Ther ...
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Catty
The catty, kati or , pronounced as jin in Mandarin and gan in Cantonese, is a traditional Chinese unit of mass used across East and Southeast Asia, notably for weighing food and other groceries in some wet markets, street markets, and shops. Related units include the picul, equal to 100 catties, and the tael (also spelled ''tahil'', in Malay/Indonesian), which is of a catty. A stone is a former unit used in Hong Kong equal to 120 catties and a ''gwan'' (鈞) is 30 catties. Catty or ''kati'' is still used in Southeast Asia as a unit of measurement in some contexts especially by the significant Overseas Chinese populations across the region, particularly in Malaysia and Singapore. The catty is traditionally equivalent to around pound avoirdupois, formalised as 604.78982 grams in Hong Kong, 604.79 grams in Malaysia and 604.8 grams in Singapore. In some countries, the weight has been rounded to 600 grams (Taiwan, Japan, Korea and Thailand). In mainland China, the ...
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