- published: 23 Jun 2012
- views: 24746
The baht (Thai: บาท, sign: ฿; code: THB) is the currency of Thailand. It is subdivided into 100 satang (สตางค์). The issuance of currency is the responsibility of the Bank of Thailand.
According to SWIFT, as of October 2014, the Thai baht ranked as the tenth 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 (Thai: พดด้วง). 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. These are listed in the following table:
That system was in use up until 1897, when the decimal system devised by Jayanta Mongkol, in which one baht = 100 satang, was introduced by king Chulalongkorn. However, coins denominated in the old units were issued until 1910, and the amount of 25 satang is still commonly referred to as a salueng, as is the 25-satang coin.
When used as an adjective, Thai refers to anything that originates from Thailand. As a noun it may refer to:
Oh the bed
Oooh the bed
Ahhh the bed
Oh the bed
Mmmm the bed
I love the bed
You can lie in bed
You can lay in bed
You can die in bed
You can pray in bed
You can live in bed
You can laugh in bed
You can give your heart
Or break your heart in half in bed
You can tease in bed
You can please in bed
You can squeeze in bed
You can freeze in bed
You can sneeze in bed
Catch the fleas in bed
All of these
Plus eat crackers and cheese in bed
Oh the bed is a thing
Of feather and spring
Of wire and wood
Invention so good
Oh the bed comes complete
With pillow and sheet
With blanket electric
And breath antiseptic
Let there be sheets
Let there be beds
Foam rubber pillows
Under our heads
Let there be sighs
Filling the room
Scanty pajamas
By Fruit of the Loom
You can eat in bed
You can beat in bed
Be in heat in bed
Have a treat in bed
You can rock in bed
You can roll in bed
Find your cock in bed
Lose your soul in bed
You can lose in bed
You can win in bed
But never never never never
Never never never never
Never never never
Never can you sin in bed!