New Issue: Thai king replaces father on coins, banknotes

The first coins and banknotes to circulate under the reign of Thailand’s new King Maha Vajiralongkorn were released last month across the Southeast Asian country.

The only son of the late king Bhumibol Adulyadej and Queen Sirikit, Vajiralongkorn succeeded the throne after his father’s death in October 2016.

There will be nine denominations of coins, including:

  • one satang;
  • five satang;
  • 10 satang;
  • 25 satang;
  • 50 satang;
  • one baht;
  • two baht;
  • five baht; and
  • 10 baht (about 40 cents Cdn.).

The 10-baht coin also depicts Vajiralongkorn.

Denominations valued at 25 satang or less are used for banks’ account reconciliations.

The new banknotes—featuring Vajiralongkorn in an air force uniform—will replace the previous series, which depicted the new king’s father throughout his seven-decade reign. The previous series will remain legal tender.

The denominations include:

  • 20 baht;
  • 50 baht;
  • 100 baht; and
  • 500 baht and 1000 baht, both of which will be issued on Vajiralongkorn’s birthday on July 28.

For more information, visit the Bank of Thailand website.

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