Note and Coin News

The Bank of Thailand (BOT) has launched new 50 and 100 baht (THB) banknotes on polymer, which will go into circulation in November. The launch builds on the success of the THB 20 note, which was issued in 2022, and which studies by the BOT have shown is four times more durable than its paper counterpart. The projected savings as a result over the eight years that the notes are expected to last are 350 million banknotes per year, reducing production, transport and resource costs.