Banknote Production

Thailand Introduces New Banknote Series

The Bank of Thailand introduced the first banknote in their new series this week. The new 50-Baht note remains similar in size and colour to the old version, but like the rest of the notes that will be released over the next several years, it also contains increased security features.

Among existing features, the new Thai series will introduce a watermark depicting the portrait of a Thai King alongside denominational electrotype that is visible when held to the light; a windowed colour-shift security thread located on the back of the note that changes colour from dark blue to red when viewed from different angles; irregular shapes of a see-through register printed on the front and the back of the notes that combine to form the denomination numeral when the note is held to the light; raised printing of letters and numerals; and two tactile marks in the shape of flowers in dark blue representing the Braille number 5.

The design of the new series – known to the Bank of Thailand as Series 16 – depicts Thai kings from different periods throughout the country’s history. The 50-Baht note features the portrait of HM King Bhumibol Adulyadej.

“The thinking behind the new look is to honor the Thai Kings of the Sukhothai, Ayutthaya, Thonburi and Rattanakosin periods, to visually improve and update the banknotes, to develop counterfeit-protection measures and to assist blind people dealing with the banknotes,” Dr Prasarn Trairatvorakulm Governor of the Bank of Thailand, told the Phuket Gazette this week.

The 50-Baht note will be followed by the release of new 20, 100, 500 and 1,000-Baht notes. The Phuket Gazette reported that the entire series isn’t expected to be in circulation until the end of 2026.

The release of the new banknote series comes less than a week after politicians in Thailand’s opposition party warned the government not to force the central bank to cover the country’s public debt.

The Thai government had proposed shift the public debt of Bt1.14 trillion to the Bank of Thailand’s account, but critics said the move would lead to hyperinflation and a severe devaluation of the Thai currency.

SOURCES:
Thailand Business News: “The Bank Of Thailand Launches New Series of Banknotes”
Phuket Gazette: “New 50-Baht Banknote In Phuket By This Weekend”
The Nation: “Govnt Debt Policy Will Make Currency ‘Worthless’”

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