World Currencies described and history of each currency as collected is posted for reference to all visitors of my blog. This will be useful for people who move internationally.
Monday, July 03, 2006
Thailand currency
Monetary History
This is the picture of currency of Thailand.The Thailand currency is called baht Until 1897, the baht was subdivided into 8 fuang, each of 8 att. The present decimal system, in which one baht = 100 satang , was introduced by king Chulalongkorn. However, until the 1940s it was named tical, then renamed to baht. Originally the term baht was a weight unit of about 15 g and was adopted because one tical was equivalent to 15 g of silver.For more information about exchange rates click on the following LINK.
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