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£38.20
per set of six
I Heart (Love) Baht Coaster
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I Heart (Love) Baht Coaster
The Baht is the currency of Thailand. It is subdivided into 100 Satang.
The baht, like the pound, originated from a traditional unit of mass. Its currency value was originally expressed as that of silver of corresponding weight (now defined as fifteen grams), and was in use probably as early as the Sukhothai period in the form of bullet coins known in Thai as phot duang. These were pieces of solid silver cast to various weights corresponding to a traditional system of units related by simple fractions and multiples, one of which is the baht.
In 1902, the government began to increase the value of the baht by following all increases in the value of silver against gold but not reducing it when the silver price fell. Beginning at 21.75 baht = one British pound, the currency rose in value until, in 1908, a fixed peg to the British pound was established of 13 baht = one pound. This was revised to 12 baht in 1919 and then, after a period of instability, to 11 baht in 1923. During World War II, the baht was fixed at a value of one Japanese yen.
From 1956 until 1973, the baht was pegged to the U.S. dollar at an exchange rate of 20.8 baht = one dollar and at 20 baht = 1 dollar until 1978. A strengthening US economy caused Thailand to re-peg its currency at 25 to the dollar from 1984 until July 2, 1997, when the country was stung by the Asian financial crisis. The baht was floated and halved in value, reaching its lowest rate of 56 to the dollar in January 1998. It has since risen to about 30 per dollar.
The baht was originally known to foreigners by the Malay/Portuguese term, tical, which was used in the English language text on banknotes until 1925.
Funny Southeast Asian Humour ~ I Heart (Love) Baht (Thai Money).
Our store has a great selection of T-shirts, caps, mugs and much more, all with designs inspired by the Isaan dialect and Thai language.
Customer Reviews
4.9 out of 5 stars rating414 Total Reviews
414 Reviews
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5 out of 5 stars rating
By Simon D.8 September 2017 • Verified Purchase
Hard Plastic coasters with cork back - set of six
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Good quality, handsome looking Art Deco mats. The mat was exactly as it showed on the site.
5 out of 5 stars rating
By Pauline T.8 June 2020 • Verified Purchase
Hard Plastic coasters with cork back - set of six
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Well made and great design. Took a long time to ship to me but was in no rush. Design as pictured. Colours as shown
5 out of 5 stars rating
By D.7 August 2020 • Verified Purchase
Zazzle Reviewer Program
I was very surprised by the quality of these coasters they are beautifully crafted, and the sunflower watercolour image is so sharp it really pops out at you, I really love these and will order some more as a gift. The colours are so vibrant and the glossy tops make the image really stand out, they are stunning, a lovely way to brighten up dark wood or any surface. 6 coasters is also the perfect amount.
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Product ID: 163533895276127011
Created on 04/08/2015, 13:48
Rating: G
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