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5 Baht

Issuer Government of Thailand
Year 1945
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Currency Baht (1897-date)
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Obverse description Printed in olive-green tones, the obverse carries at left a portrait vignette of King Ananda Mahidol (Rama VIII) in military dress uniform, with a central intaglio vignette to the right presenting a panoramic view of a Thai royal temple complex with prangs and ceremonial gates. The Thai state arms appear at top center, and denomination inscriptions in Thai script occupy the central field, with serial numbers in red appearing at upper left and upper right. Fine guilloche border work frames the entire composition.
Obverse lettering รัฐบาลไทย
บนบัตรนี้เป็นเงินที่ชำระหนี้ได้ตามกฎหมายไทย
ห้าบาท
5
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Comments

Thailand issued this note under its own government authority — not through the Bank of Thailand, which had been established in 1942 but was not yet the sole issuing body. The 1945 series appeared during the closing phase of World War II, when the country was navigating an uncomfortable position as a nominal Japanese ally while simultaneously maintaining covert Allied contacts through the Seri Thai resistance movement.

The wartime paper supply was constrained, and quality across the 1945 issues is notoriously inconsistent. Notes from this period frequently show uneven inking and paper irregularities that are production artifacts, not damage.