Thai baht

E5137

The Thai baht is the official currency of Thailand, notable for its central role in triggering the 1997 Asian financial crisis after a sharp devaluation.

Jump to: Surface forms Statements Referenced by

Observed surface forms (1)

Surface form Occurrences
THB 3

Statements (46)

Predicate Object
instanceOf currency
fiat currency
affectedBy capital flows during the 1990s
speculative attacks in 1997
centralBank Bank of Thailand
country Thailand
denominationType banknotes
coins
exchangeRateRegime managed float
fractionalUnitName satang
frequentlyTradedAgainst Chinese yuan
Japanese yen
US dollar
surface form: U.S. dollar

Euro
surface form: euro
hasInflationTargetSetBy Bank of Thailand
hasSecurityFeaturesOn banknotes
historicalEvent abandonment of U.S. dollar peg in 1997
isoCode Thai baht self-linksurface differs
surface form: THB
isPartOf Thai monetary system
isReferencedIn international financial crisis literature
isSubjectOf capital controls and monetary policy in Thailand
foreign exchange market trading
issuingAuthority Bank of Thailand
isUsedBy businesses operating in Thailand
residents of Thailand
languageOfName Thai
legalTenderIn Thailand
monetaryAuthority Monetary Policy Committee
surface form: Monetary Policy Committee of the Bank of Thailand
monetaryPolicyFramework inflation targeting (via Bank of Thailand)
numericIsoCode 764
officialCurrencyOf Thailand
peggedTo US dollar
surface form: U.S. dollar (historically, before 1997 float)
predecessor tical (historical unit)
region Southeast Asia
relatedEvent Asian financial crisis of 1997–1998
surface form: 1997 Asian financial crisis
roleInEvent trigger of the 1997 Asian financial crisis
scriptOfSymbol Thai script
status legal tender
subunit satang
subunitToUnit 100 satang = 1 baht
symbol ฿
usedFor domestic payments in Thailand
pricing of goods and services in Thailand
usedIn Thailand
border areas of neighboring countries
wasDevaluedIn 1997

Referenced by (11)

Full triples — surface form annotated when it differs from this entity's canonical label.

Bangkok currency Thai baht
Pattaya currency Thai baht
Thailand currency Thai baht
Bank of Thailand currencyCode Thai baht
this entity surface form: THB
Bank of Thailand currencyIssued Thai baht
Thai government currencyManaged Thai baht
THA hasCurrency Thai baht
THA hasCurrencyCode Thai baht
this entity surface form: THB
Thai baht isoCode Thai baht self-linksurface differs
this entity surface form: THB
subject surface form: tical