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Thailand 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-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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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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Sukhothai Kingdom
The Sukhothai Kingdom ( th, สุโขทัย, , IAST: , ) was a post-classical Thai kingdom (mandala) in Mainland Southeast Asia surrounding the ancient capital city of Sukhothai in present-day north-central Thailand. The kingdom was founded by Si Inthrathit in 1238 and existed as an independent polity until 1438, when it fell under the influence of the neighboring Ayutthaya after the death of Borommapan (Maha Thammaracha IV). Sukhothai was originally a trade center in Lavo—itself under the suzerainty of the Khmer Empire—when Central Thai people led by Pho Khun Bang Klang Hao, a local leader, revolted and gained their independence. Bang Klang Hao took the regnal name of Si Inthrathit and became the first monarch of the Phra Ruang dynasty. The kingdom was centralized and expanded to its greatest extent during the reign of Ram Khamhaeng the Great (1279–1298), who some historians considered to have introduced Theravada Buddhism and the initial Thai script to the ...
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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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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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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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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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Mace (unit)
A mace (; Hong Kong English usage: tsin; Southeast Asian English usage: chee) is a traditional Chinese measurement of weight in East Asia that was also used as a currency denomination. It is equal to 10 candareens and is of a tael or approximately 3.78 grams. A troy mace is approximately 3.7429 grams. In Hong Kong, one mace is 3.779936375 grams. and in Ordinance 22 of 1884, it is ounces avoirdupois. In Singapore, one mace (referred to as chee) is 3.77994 grams. In imperial China, 10 candareens equaled 1 mace which was of a tael and, like the other units, was used in weight-denominated silver currency system. A common denomination was 7 mace and 2 candareens, equal to one silver Chinese yuan. Name Like other similar measures such as tael and catty, the English word "mace" derives from Malay, in this case through Dutch ''maes'', plural ''masen'', from Malay ''mas'' which, in turn, derived from Sanskrit ', a word related to "mash," another name for the urad bean, and masha, a tr ...
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Cowry
Cowrie or cowry () is the common name for a group of small to large sea snails, ocean, marine Gastropoda, gastropod Mollusca, mollusks in the family Cypraeidae, the cowries. The term ''porcelain'' derives from the old Italian language, Italian term for the cowrie shell (''porcellana'') due to their similar appearance. Shells of certain species have historically been used as currency in several parts of the world, as well as being used, in the past and present, very extensively in jewelry, and for other decorative and ceremonial purposes. The cowrie was the shell most widely used worldwide as shell money. It is most abundant in the Indian Ocean, and was collected in the Maldive Islands, in Sri Lanka, along the Indian Malabar coast, in Borneo and on other East Indian islands, in Maluku Islands, Maluku in the Pacific, and in various parts of the African coast from Ras Hafun to Mozambique. Cowrie shell money was important in the trade networks of Africa, South Asia, and East Asia. ...
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Royal Thai General System Of Transcription
The Royal Thai General System of Transcription (RTGS) is the official system for rendering Thai words in the Latin alphabet. It was published by the Royal Institute of Thailand. It is used in road signs and government publications and is the closest method to a standard of transcription for Thai, but its use, even by the government, is inconsistent. The system is almost identical to the one that is defined by ISO 11940-2. Features Prominent features of the system are: *It uses only unmodified letters from the Latin alphabet without diacritics. *It spells all vowels and diphthongs with vowel letters: , , , , . **Single letters , , , , are monophthongs (simple vowels), with the same value as in the International Phonetic Alphabet (IPA). ** Digraphs with trailing are monophthongs; , , sound like respectively and are perhaps chosen for their similarity to IPA ligatures . **Digraphs and trigraphs with trailing , , are diphthongs and are indicated by IPA respectively. * It uses ...
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