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10 Baht - Rama IX Ministry of Finance

Issuer Bank of Thailand
Year 1995
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Value 10 Bahts (10 บาท)
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Obverse lettering ๑๐ รัฐบาลไทย ธนบัตรเป็นเงินที่ชําระหนี้ได้ตามกฎหมาย สิบบาท ๑๒๐ ปี กระทรวงการคลัง วันที่ ๑๔ เมษายน พุทธศักราช ๒๕๓๘
(Translation: 10 Government of Thailand This note is legal tender for Ten Baht 120th Anniversary of the Ministry of Finance, 14 April BE 2538 (1995))
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Reverse lettering ๑๐ 10
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Comments

P#98 belongs to the sixth series of Thai banknotes, a long-running program that kept Rama IX's image on the 10 Baht denomination through multiple printings across the 1980s and 1990s. The Bank of Thailand Note Printing Works had been fully operational since 1969, and by the mid-1990s Thailand was printing its own currency entirely in-house — a point of some institutional pride given how many regional central banks still relied on De La Rue or the American Bank Note Company.

The 10 Baht note was phased out of paper production not long after, with the polymer 10 Baht gaining traction through the late 1990s. The 1997 Asian financial crisis accelerated several currency reforms, though this specific printing predates that collapse by two years.

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