5 dollar dating

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 baht was floated and halved in value, reaching its lowest rate of 56 to the dollar in January 1998. The baht was originally known to foreigners by the term tical, Rama III (1824-1851) was the first king to consider the use of a flat coin.

Several Thai coins were issued for many years without changing the date.

These include the tin 1942 1 satang and the 1950 5 and 10 satang, struck until 1973, the tin 1946 25 satang struck until 1964, the tin 50 satang struck until 1957, and the aluminium bronze 1957 5, 10, 25, and 50 satang struck until the 1970s.

Tin 1 solot and 1 att followed in 1862, with gold ​, 4, and 8 baht introduced in 1863 and copper 2 and 4 att in 1865.

During World War II, the baht was fixed at a value of one Japanese yen.

From 1956 until 1973, the baht was pegged to the U. dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978.

The next year, tin coins were introduced for 1, 5, and 10 satang, followed by 20 satang in 1945 and 25 and 50 satang in 1946.

In 1950, aluminium-bronze 5, 10, 25, and 50 satang were introduced whilst, in 1957, bronze 5 and 10 satang were issued, along with 1 baht coins struck in an unusual alloy of copper, nickel, silver, and zinc.

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