King Rama X banknotes to be launched in April

BANGKOK, March 8 (TNA) – The first banknotes, bearing His Majesty King Maha Vajiralongkorn's image will be issued in three denominations in April while the two other denominations will be issued on the King’s birthday in July. Veerathai Santiprabhob, Governor of the Bank of Thailand (BoT) announced that the BoT was granted royal permission from His Majesty King Maha Vajiralongkorn Bodindradebayavarangkun to print and issue the new series of Thai banknotes into circulation. 20-baht, 50-baht and 100-baht banknotes will be issued on Chakri Memorial Day on April 6, observing the establishment of Chakri Dynasty while 500-baht and 1,000 –baht banknotes will be issued on His Majesty the King’s birthday on July 28. The front side of the banknotes in all denominations depicts His Majesty King Vajiralongkorn in the Royal Thai Air Force uniform as the main portrait. The reverse side of each denomination depicts the portraits of two Kings in order of reign, along with the images of the memorable royal duties. The sizes and the colours of the new series remain the same as the existing ones. However, some of the new advances counterfeit deterrent features have been adopted. Extra moving effect is incorporated into the 100-Baht banknote security thread. Roman alphabets with Arabic numerals are placed vertically. The new series banknote can be exchanged at all commercial bank. The existing and the previous series remain legal tender. (TNA)