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Two baht
From Wikipedia, the free encyclopedia
| 2 baht (Thailand) | |
|---|---|
| Value: | 2 Thai baht |
| Mass: | 4.4 g |
| Diameter: | 21.75 mm |
| Thickness: | mm |
| Edge: | Interrupted milling |
| Composition: | Multi-Ply Plated Steel (Royal Canadian Mint’s Technology) Cladding: 99% Nickel Core: 99% Low-Carbon Steel |
| Years of Minting: | 2005–present |
| Catalog Number: | - |
| Obverse | |
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| Design: | H.M. King Bhumipol Adulyadej, the Great |
| Designer: | Designed by Mrs. Bhudhachati Arunvej. Sculpted by Mr. Punya Comecane. |
| Design Date: | 2005 |
| Reverse | |
 |
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| Design: | The Golden Mount at Saket Temple, Bangkok |
| Designer: | Designed by Mr. Chaiyod Soontrapa. Sculpted by Mr. Tummanoon Geawsawang. |
| Design Date: | 2005 |
In Thailand, a two-baht coin is a coin worth 2 baht or 200 satang. The new 2-baht coin design features H.M. King Bhumipol Adulyadej, the Great on the obverse, like all other Thailand's legal tender coins presently in circulation. The reverse design depicts the Golden Mount at Saket Temple.
On September 15, 2005, the Royal Thai Mint started launching the two-baht coins to complete the binary system in Thailand’s coinage. That is, each successive denomination is worth twice as much as the previous one. So the Thai coin denominations used in commercial are now as follows: 25 satang, 50 satang, 1 baht, 2 baht, 5 baht, and 10 baht.
The recent statistics shows that the one-baht coins constitute about 60% of the total circulation coins in the Thai economy. According the Treasury Department, the issuance of the two-baht coins will solve the overwhelming demand for the one-baht coins as the two-baht coins are now filling the gap between the one-baht and five-baht coins. This translates into savings in time and materials for the Mint. The Mint also considers expanding the use of Multi-Ply Plated Steel Technology to other coin denominations due to volatile base metal prices and rising production costs.
| Year | Mintage |
|---|---|
| 2005 | 4,000,000 |
| 2006 | 128,000,000 |
- The Treasury Department. "Annual Report", Bangkok, 2005.
- The Treasury Department. "Annual Report", Bangkok, 2006.
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| Topics | Thai baht · Bank of Thailand · Economy of Thailand |
| Coinage | 1 satang · 5 satang · 10 satang · Salung · 2 Salung · ฿1 · ฿2 · ฿5 · ฿10 |
| Currency | ฿20 · ฿50 · ฿100 · ฿500 · ฿1,000 |