New 50-Baht Banknote In Phuket By This Weekend

[webfact]

New 50-baht banknote in Phuket by this weekend

Phuket Gazette

Bank of Thailand Governor Dr Prasarn Trairatvorakul announced the new banknotes last week, and they should arrive in Phuket by tomorrow.

The new-look 50-baht banknote features added security measures.

PHUKET: -- Phuket residents will have to wait until tomorrow or Friday before they can get their hands on the new 50-baht banknotes released nationwide today.

The new-look 50-baht notes, announced by Bank of Thailand Governor Dr Prasarn Trairatvorakul last week, will not be available in Phuket until tomorrow at the earliest, banks on the island have told the Phuket Gazette.

The new 50-baht note is being released ahead of its 20, 100, 500 and 1,000-baht counterparts, which are due to be brought into full circulation before the end of 2026.

The new banknotes – dubbed Series 16 – will retain the sizes and colors of the current series.

Although the new notes will be in circulation, the older series banknotes will remain legal tender.

“The new 50-baht note should replace the 190 million old notes currently in use and more could be issued in response to growing popularity among the public and economic expansion,” Dr Prasarn said.

One of the new 50-baht note’s key features, which will be difficult to copy, is a watermark depicting the portrait of HM King Bhumibol Adulyadej. The watermark appears alongside the figure 50 and is clearly visible when viewed against the light.

Another feature is the security thread. The stitch-like line running vertically down the back of the note changes color from dark blue to red when the note is tilted.

Security is further enhanced by the irregular shapes printed on both sides that, when held up to the light, superimpose to form the number 50.

To aid the visually impaired, above the relief printing of characters and numbers, two blue flowers in an oblique row are raised and form the number 5 in braille.

“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 said.

Source: http://www.phuketgaz...ticle12053.html

-- Phuket Gazette 2012-01-18

[PoorSucker]

Nice.

[thaikahuna]

I recently got 2 new 20 baht coins in a street transaction. When I go to the bank to try and get more of these coins they look at me like I am stupid. Has anyone else seen them?

[x5david]

Will it arrive by police escort???

[x5david]

I recently got 2 new 20 baht coins in a street transaction. When I go to the bank to try and get more of these coins they look at me like I am stupid. Has anyone else seen them?

Never heard of it, sounds like you were taken...

[Semper]

I recently got 2 new 20 baht coins in a street transaction. When I go to the bank to try and get more of these coins they look at me like I am stupid. Has anyone else seen them?

I think you get them mixed up. They are 2 Baht coins.

[keestha]

In I believe about 1997 for a short period there were plastic 50 Baht notes, printed in Australia. They pretty soon disappeared, I still have one of them. Always wondered why there are so few 50 Baht notes in circulation. A 200 or 250 Baht note might be more useful. Also a pity that out of fear for inflation, notes valued more than 1000 Baht seem to be a no go.

[metisdead]

A post with reference to HM the King has been removed. Speculation, comments and discussion of either a political or personal nature are not allowed when discussing HM The King or the Royal family.