Thailand Baht in Venezuelan Bolívar

THB Thailand Baht

Country of application:
Thailand

Coin denominations in circulation:
1, 2, 5, 10 Thai Baht.

Denominations of banknotes in circulation:
10, 20, 50, 100, 200, 500, 1000 Thai Baht.

History reference:
The Thai baht has been the national currency of Thailand since 1928, when it replaced the Siamese tikal (Siam is the old name for Thailand). For the first time the name "bat" is found in texts dating... back to the 14th century. Numismatists interested in the history of Thai money are convinced that the baht existed in the Middle Ages, but there is no documentary evidence for this fact. The first paper banknotes were officially printed in 1892 - their issue was initiated by the Ministry of Finance of Siam. The circulation included denominations of 1, 5, 10, 40, 80, 100, 400 and 800 baht - this is how the banknotes were called in everyday life. Those rare samples that have survived to this day and have been studied by scientists give an idea of \u200b\u200bmoney. They depicted a portrait of a king, a lion and a Bengal tiger.

VEF Venezuelan Bolívar

Country of application:
Venezuela

Coin denominations in circulation:
500, 100, 50, 25, 5, 2 and 1 bolivar, 50, 25, 10, 5 centimos.

Denominations of banknotes in circulation:
50,000, 20,000, 10,000, 5000, 2000, 1000, 500, 100, 50, 20, 10 and 5 bolivars.

History reference:
Bolivar is first a minor (in 1871-1879), and then the main (from 1879 to 2018) monetary unit of Venezuela. Bolívar is named after Latin American independence hero Simón Bolívar. The bolívar was p...assed under the Monetary Law of 1879, replacing the short-lived Venezolano at a rate of five bolívares to one Venezolano. The bolivar was originally defined by a silver standard, equal to 4.5 grams of pure silver, following the principles of the Latin Monetary Union. The monetary law of 1887 made the gold bolivar unrestricted legal tender, and the gold standard came into full force in 1910. Venezuela abandoned gold in 1930, and in 1934 the exchange rate of the bolivar was fixed in US dollars at a rate of 3.914 bolivars = US$1, valued at 3.18 bolivars = US$1 in 1937, a rate that lasted until 1941 Until February 18, 1983 (now called Black Friday (Viernes Negro) by many Venezuelans), the Bolívar was the most stable and internationally recognized currency in the region. It then fell victim to a massive devaluation.