|Currency Name:||Thai baht|
|Central Bank:||Bank of Thailand|
|Number of Country & Territory Using Thai Baht:||1 Countries.|
|Country & Territory Officially Using Thai Baht:||Thailand.|
|Banknotes:||Banknotes: ฿20, ฿50, ฿100, ฿500, ฿1000, (Rarely used: ฿60, ฿70, ฿80, ฿500,000)|
Coins: 25 satang, 50 satang, ฿1, ฿2, ฿5, ฿10, (Rarely used: 1 satang, 5 satang, 10 satang)
The baht (sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 satang (สตางค์, pronounced [sà.tāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. The Thai baht was the world's best performing currency in 2018. The South China Morning Post reports that the China Banknote Printing and Minting Corporation prints and mints some Thai banknotes and coins.
The Thai baht, like the British 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.