The Bank of Thailand has unveiled the new banknote designs featuring portraits of the new King Maha Vajiralongkor, expected to begin circulating in April.
The new Thailand banknote Series 17 from the Bank of Thailand consists of five denominations, namely the 20, 50, 100, 500 and 1,000-baht, as per the previous banknote series.
The front of each banknote includes a portrait of King Maha Vajiralongkor, who took the throne in December 2016 following the death of his father, King Bhumibol Adulyadej, in October 2016.
The reverse of each denomination includes an image of two Thai Kings in order of reign.
The size and colour scheme of the new banknote series remains the same as the currently circulating series to avoid confusion and aid a smooth changeover.
However, there are several new security features including an optically variable security thread and ink feature.
The new banknotes will be issued in stages, with the 20, 50 and 100-baht banknotes scheduled to begin circulating on 6 April 2018. The 500 and 1,000-baht notes will be issued on 28 July 2018, the new King’s birthday.
Read the Bank of Thailand’s press release.
Read further information at the Central Bank’s website.