Thailand - 60 Thai Baht - P-93a - dated 1987 Foreign Paper Money - Oversized Currency
Inv# FM1196 Foreign Paper Money Cat# P-93aForeign Paper Money. Rama IX seated on throne at ctr/Victory crown at left/Royal regalia at right/Royal family seated w/ subjects. The baht is the official currency of Thailand. It is divided into 100 satang. The issuance of currency is the responsibility of the Bank of Thailand. According to Bloomberg, the Thai baht was the world's best performing currency in 2018. The SWIFT, as of January 2019, ranked the Thai baht as the 10th most frequently used world payment currency. The Thai baht, like the 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. Read more at https://en.wikipedia.org/wiki/Thai_baht
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