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In July 1997, when Thailand floated the baht, Indonesia's monetary authorities widened the rupiah currency trading band from 8% to 12%. As a result, the rupiah suddenly came under severe attack in August. Therefore, on the 14th of the month, the managed floating exchange regime was replaced by a free-floating exchange rate arrangement.
From 1956 until 1973, the baht was pegged to the US dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. [ 9 ] [ 10 ] A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until 2 July 1997, when the country was affected by the 1997 Asian financial crisis .
The notes were released for sale online on 29 December 2017 at a premium, with the 60 ringgit note sold at 120 ringgit, the 3-in-1 60 ringgit note at 500 ringgit and the 600 ringgit note at 1,700 ringgit. The print run for the 60 ringgit note was 60,000 while that for both the 3-in-1 60 ringgit and 600 ringgit note were at 6,000.
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
14–15 May – the Thai baht is hit by a massive speculative attack, triggering the 1997 Asian financial crisis; 2 July – the Bank of Thailand floats the baht, leading to rapid devaluation; 11 October – Promulgation of the Constitution of the Kingdom of Thailand B.E. 2540; 1 November – Thai Sky TV Station Broadcasting ceased at 6:00 AM.
Thailand: Thai baht ฿ THB Satang: 100 Togo: West African CFA franc: F.CFA XOF Centime: 100 Tonga: Tongan paʻanga [K] T$ TOP Seniti: 100 Transnistria: Transnistrian ruble: р (none) Kopeck: 100 Trinidad and Tobago: Trinidad and Tobago dollar $ TTD Cent: 100 Tunisia: Tunisian dinar: DT TND Millime: 1000 Turkey: Turkish lira ₺ TRY Kuruş: 100 ...
Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 ... Thai baht: THB ฿, B: 0.5%: ... Malaysian ringgit: MYR: RM: 0.2%: 0.2% ...
Series 5 were printed by the Note Printing Works of Japan in seven denominations including 50 satang, 1 baht, 5 baht, 10 baht, 20 baht, 100 baht and 1000 baht starting in 1942. [ 10 ] Series 6 were by the Royal Thai Survey Department and the Naval Hydrographic Department in two denominations including 20 and 100 baht, each with two types.