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Currency history

Thai baht

Dates in use
Still in use; introduction date not established here
Currency code
THB
Ancestry branch
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Its place in the family

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Thai baht: documented and qualified family connections PARENTS THIS CURRENCY CHILDREN Thai bahtThai baht THB Earlier ancestry is not established here. No successor is established here.

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Thai baht

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Thai baht

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The story

The Siamese Currency Notes Act was promulgated on June 24, 1902; the new Banknotes Department first served the public on September 23, 1902, inaugurating the modern government note system. [1]

The 1856 Anglo-Siamese agreement reckoned duties and fees in ticals and salungs, documenting the earlier baht/tical account unit. 1826 duty is reported retrospectively; 1856 is direct dated observation. Same-unit extension, not tical→baht replacement. [2]

La Loubère records tribute obligations in ticals and identifies Baat as the Siamese name for the tical. Association with the continuing baht is qualified across the intervening centuries; alternative names and foreign exchange comparisons create no separate parent. [3]

Turning points

The 1536 Vat Khema inscription records a six-tical silk purchase, providing a…

The 1536 Vat Khema inscription records a six-tical silk purchase, providing a dated monetary-price anchor earlier than the 1687–88 embassy observation. Assigning the local Sukhothai-region tical to the broader Thai baht continuity is qualified; the translation establishes a price unit, while exact regional metrological and legal continuity through later centuries remains incomplete. [4]

The Three Seals Code compiled in 1805 contains monetary body-price schedules…

The Three Seals Code compiled in 1805 contains monetary body-price schedules explicitly stated in baht and tamlueng and used to calculate death compensation. Original baht entries provide a legal account-unit anchor for the continuing Thai baht, earlier than the 1856 treaty observation. The age of underlying Ayutthaya clauses remains uncertain. [5]

The Siam commercial agreement ratified17January 1827 assessed Bangkok vessel…

The Siam commercial agreement ratified17January 1827 assessed Bangkok vessel duties at 1700 or 1500 ticals per Siamese fathom of breadth. This is a dated fiscal obligation in the continuing tical/baht account unit. The 1856 agreement references the earlier 1700-tical duty. [6]

Sources and evidence

  1. Bank of Thailand · Thai Banknotes Evolution
  2. Siamese Royal Commissioners and Harry Smith Parkes · Agreement explaining the Treaty of Friendship and Commerce between Great Britain and Siam
  3. Simon de La Loubère; translated A.P.; London, 1693; EEBO Text Creation Partnership transcription · A New Historical Relation of the Kingdom of Siam
  4. original epigraphic edition and translation of dated primary inscription · A.B. Griswold and Prasert na Nagara, The Inscription of Vat Khema, Epigraphic and Historical Studies No. 15, JSS 63(1), 1975
  5. Chris Baker and Pasuk Phongpaichit · The Arithmetic of Life in Pre-modern Siam: Ranking and Monetary Value in the Penal System (2023)
  6. C. U. Aitchison, ed.; Government of India · A Collection of Treaties, Engagements and Sanads, volXIV (1929), Siam NoII Commercial Treaty 1827

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“Thai baht.” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-13; data version v44. https://familytreeofmoney.org/currency/FTM000383.html

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