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The Bank of Thailand Launches New 500-Baht and 1000-Baht Banknotes

Mr. Veerathai Santiprabhob, Governor of the Bank of Thailand (BOT), announced that the BOT will issue the new 500-Baht and 1000-Baht banknotes into circulation on His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun’s birthday, 28 July 2018, according to the royal permission granted from His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun to print and issue the new series of Thai banknotes into circulation as the circulating banknotes.

The front side of the banknote in all denominations depicts His Majesty King Maha
Vajiralongkorn Bodindradebayavarangkun in the Royal Thai Air Force uniform as the main portrait.

The reverse side of each denomination depicts the portraits of two Kings in order of reign,
along with the images of their memorable royal duties. The 500-Baht banknote bears the portraits of His Majesty King Prajadhipok and His Majesty King Ananda Mahidol and the 1000-Baht banknote bears the portraits of His Majesty King Bhumibol Adulyadej and His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun.

There are advanced counterfeit deterrent features have been adopted as follows:

Dynamic Color-Shifting Image: Thai ornament printed with special ink creates a
moving effect of geometric pattern and changes color from gold to green when the
banknote is tilted.

Security Thread: The windowed color-shifting security thread changes its color and
shows its moving effect when the banknote is tilted.

Iridescent Pattern: Thai ornaments are printed vertically with yellowish iridescent ink
next to the watermarks area.

Other security features remain the same for the public to authenticate the banknotes. The
banknotes can be exchanged at any commercial banks, the Government Savings Bank,
the Bank of Agriculture and Agricultural Cooperatives, the Government Housing Bank, and
the Islamic Bank of Thailand. The existing and the previous series remain legal tender.

Source: bot.or.th

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