Thailand’s Central Bank has announced the launch of a new 500 Baht bank note. The new banknotes commenced circulation on Monday 12th May 2014 and will be much more difficult to forge, according to Bank of Thailand deputy governor, Thong-urai Limpiti.
The new notes are the same size as the existing ones, although they will be more easily distinguishable from other denominations, making it easier for the visually impaired to differentiate between notes. The old 500 Baht banknotes which have been used for more than 12 years can still be used and will remain in circulation for the next two years before being totally replaced with the new generation of bank notes.
