Thailand | |
| Value | 0.01 Thai baht |
|---|---|
| Mass | 0.5 g |
| Diameter | 15 mm |
| Edge | Plain |
| Composition | Aluminium 99% Al |
| Years of minting | 1908–Present |
| Catalog number | - |
| Obverse | |
| Design | King Vajiralongkorn |
| Designer | Vudhichai Seangern |
| Design date | 2018 |
| Reverse | |
| Design | Royal Monogram of King Vajiralongkorn |
| Designer | Chaiyod Soontrapa |
| Design date | 2018 |
The Thailand one-satang coin is a currency unit equivalent to one-hundredth of a Thai baht. It is rare in circulation but used in banking transactions.
The first satang coin was issued from 1908 to 1937, and featured a hole through the middle. [1] It was made of bronze and measured 22mm in diameter, weighing 4.6g. It bore the name of King Rama VI. [2] A coin in the same design was minted in 1939 with the name of King Rama VIII, and had a mintage of 24.4 million. [3] In 1941 the design of the coin changed, although it was still bronze with a hole. The diameter changed to 20mm and the weight to 3.5g. [4]
The hole was removed in 1942 [5] as the coin's composition became tin, reducing its weight to 1.5g and the diameter to 15mm. Only issued in 1942, it had a mintage of 20.7 million. [6] The design was changed on the coin, although it retained its specifications, in 1944. This coin had an issue of 500,000. [7]
The coin then fell out of circulation. It was reintroduced in 1987 as an aluminium coin weighing 0.5g and measuring 15mm in diameter. This was the first one-satang coin to feature a portrait of a monarch, King Rama IX, which was sculpted by Wuthichai Saengngoen. [8] A commemorative was released in 1996 to mark 50 years since of the reign of Rama IX, with a front-facing portrait of the King at his succession. [9] In 2008, the current portrait of the King was inserted on the obverse. [10]
Since the satang only extend back to 1908, and due to the currency being non-decimal prior to this point, descriptions of how much a satang could buy starts from the reign of Rama VI.
Rice with various curries (green, red, etc.) costs 1 satang per set. A bowl of noodles also costs 1 satang. Water was free. Soda and sweet drinks costs 1 satang per bottle. Cigarettes (3 to 7 sticks) costs 1 satang depending on the branding. [11]
Rice and curries, along with noodles now costs 3 satang. A whole box of cigarettes costs 3 satang also. Though, 1 satang food set still exists. [11]