Two-baht Coin
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Two-baht Coin
In Thailand, the two-baht coin is the coin which is worth 2 baht or 200 satang. The new 2-baht coin design features Bhumibol Adulyadej, H.M. King Bhumibol Adulyadej, the Great on the Obverse and reverse, obverse, like all other Thai legal tender coins presently in circulation. The reverse design depicts the Golden Mountain at Wat Saket, Wat Saket Ratcha Wora Maha Wihan in Bangkok. Before the two-baht coin entered into circulation, this denomination was used as a commemorative coin since 1979. As of 1996, there is one cupronickel and forty cupronickel-clad-copper commemorative coin series. On September 15, 2005, the Royal Thai Mint began minting two-baht coins to complete the binary system in Thailand's coinage. That is, each successive denomination is worth twice, or roughly twice, as much as the previous one. Thai coin denominations in general circulation are now 25 satang, 50 satang, 1 baht, 2 baht, 5 baht, and 10 baht. Recent statistics show that the one-baht coins constitute ...
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Thai Baht
The baht (; th, บาท, ; currency sign, sign: ฿; ISO 4217, 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. Society for Worldwide Interbank Financial Telecommunication, 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 (currency), 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 Kingdom, 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 Thai units of measurement, traditional system of units related by simple fractions and multiples, one of which is the ''baht (unit), baht''. These are listed in the follo ...
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