Would you believe it if I told you "Baht" means "weight" in Thai? Yes, you heard it right! You're about to become a little more acquainted with the Thai Baht, arguably among the diverse and unique currencies on the planet. Whether you're a currency collector, planning a trip to Thailand, or just someone who appreciates random trivia, you're in for a fun ride as we unveil some interesting THB trivia!

2. INTRO
Would you believe it if I told you "Baht"
means "weight" in Thai? Yes, you
heard it right! You're about to become
a little more acquainted with the Thai
Baht, arguably among the diverse and
unique currencies on the planet.
Whether you're a currency collector,
planning a trip to Thailand, or just
someone who appreciates random
trivia, you're in for a fun ride as we
unveilsomeinterestingTHBtrivia!

3. The Thai Baht, symbolized as THB or ฿, is the official currency of
Thailand.
OneBahtissubdividedinto100Satang.
The Royal Thai Mint and the Bank of Thailand distribute the coins
andbanknotes,respectively.
THB banknotes come in several denominations – 20, 50, 100, 500,
and1000.
In terms of coins, you will find 25 and 50 Satang coins plus 1, 2, 5,
and10Bahtcoins.
Almost all the denominations bear the image of the country's
belovedlateKing,HisMajestyKingBhumibolAdulyadej,RamaIX.
Brief Explanation of The Thai
Baht (THB) Currency

4. Serving as the backbone of all financial
transactions, the Baht's strength can directly
affect the country's financial health.
For instance, if the Thai Baht is strong, it
means that the Thai economy can afford to
import goods and services more affordably.
On the other hand, a weak Baht could imply
inflation or other financial struggles, making
imported goods and services expensive,
decreasing the locals' purchasing power,
and potentially slowing down the economy.
Thai Baht & the Economy

5. ECONOMIC POLICIES
The Bank of Thailand, the country's central bank, employs various
policies to control inflation and stabilize the currency, influencing the
Baht's value.
TRADING RELATIONS:
POLITICAL STABILITY
Thailand's trade relationships and agreements can impact the value
of the Baht. A positive trade balance can boost the Baht's value, while
a negative balance can lead to depreciation.
Political stability or instability can result in significant changes to the
value of the Baht. Generally, periods of political stability result in Baht
appreciation, while periods of instability can lead to depreciation.
GLOBAL EVENTS:
For example, economic crises, pandemics, or dramatic shifts in oil
prices can create significant fluctuations in the Baht's value.
3
Factors
affecting
the
value
of
the
Thai
Baht

6. Use of the THB in international
trade and tourism
Thailand, as the world’s largest rice exporter and
a major player in the international rubber and
automotive supply chains, conducts transactions
in Baht, giving it an international presence.
Thailand is also a powerhouse in the tourism
industry, with around 40 million tourists visiting
each year pre-COVID-19. This mass influx of
visitors doing everything from buying street food
to going on extravagant shopping sprees also
utilizes the Baht, spotlighting its importance on a
global scale.

7. Fact 1: The Thai Baht is one of the
oldest currencies in the worlD
Its roots stretch way back into Thailand’s past,
with the first coins minted in the country dating
as far back as the Sukhothai Era in the 13th Century.
Fact 2: The THB is derived from a weight
measurement
Baht was originally a unit of weight for gold and
silver in Thailand.
Interesting Facts about
the Thai Baht

8. Fact 3: The Thai Baht symbol
represents Thai culture and beliefs
It's an elegant blend of Thai script and numerical
symbolism that indeed represents Thai culture and
beliefs.
Fact 4: Each banknote features a king
All Thai Baht banknotes feature a portrait of a king.
More specifically, King Bhumibol Adulyadej (Rama
IX) adorns all Baht notes currently in circulation.

9. Fact 5: The Thai Baht has a reputation
for being a strong currency
It’s often been one of the best performing
currencies in Asia. The strength of the Thai Baht
therefore reflects the robust Thai economy.
Fact 6: The Thai Baht is used in neighbouring
countries for informal transactions
In some neighboring countries like Laos,
Cambodia and Myanmar, the Thai Baht is often
used for informal transactions, especially near the
border areas.

10. Fact 7: The THB has unique numerical
values on its banknotes
Thai Baht banknotes include unique denominations
like 20, 50, 100, 500, and 1000. In addition, the notes
have raised ink called intaglio ink, which allows for a
very tactile feel. There are also hidden Arabic numerals
on the lower left corner of every banknote you can look for!
Fact 8: The Thai Baht has its own currency
exchange day in Thailand
July 1st is celebrated as "Currency Day" when the
Bank of Thailand oversees fun activities to promote
awareness about the Thai Baht.

11. Fact 9: The Thai Baht emerged as the tenth
most frequently used currency for making
international payments (SWIFT Survey, 2019)
In a SWIFT survey conducted in 2019, the Thai Baht
emerged as the tenth most frequently used currency for
making international payments, underscoring its
significance in global financial transactions.
‍Fact 10: The Thai Baht is made of special
cotton
The Thailand baht is made of a special cotton fiber that
makes it very durable. In fact, each banknote denomination
has a different thickness and feel so it’s easier to tell them
apart when handling Thai currency.

12. Embark on a fascinating journey through the evolution of the Thai Baht (THB) from humble
bullet coins to its majestic modern design, symbolizing Thailand's royal heritage. When
venturing into Thailand's landscapes or diversifying your investments with THB, ensure a
seamless currency exchange with Supreme Forex. All our services comply the RBI
guidelines. Trust us for a smooth, secure, and cost-effective transaction, enriching your
travel or investment experience. With Supreme Forex, everyone wins – the Thai Baht gains
recognition, you enjoy a more rewarding experience, and together, we contribute to the
global economy. Explore Thailand and THB with confidence and ease, as your currency
story unfolds with Supreme Forex. Happy exploring and happy trading!
Conclusion

13. https://corporatefinanceinstitute.com/resources/foreign-
exchange/thai-baht-thb/
https://expatlifeinthailand.com/before-it-was-money-it-was-a-
unit-of-weight-the-thai-baht/
https://www.bot.or.th/en/our-roles/banknotes/banknote-
identify.html
https://www.makemytrip.com/tripmoney/currency/thai-baht
https://www.ceifx.com/news/4-unusual-facts-about-the-
thailand-baht
Sources: