Which currency is divided into 100 satang?

Which currency is divided into 100 satang? The answer is the Thai baht.

The Thai baht is Thailand’s official currency, with the international code THB and the symbol ฿. One baht equals 100 satang, making satang the baht’s decimal subunit. The system resembles the division of a dollar into cents or a euro into cents, although satang coins are used less often in everyday transactions.

Thailand’s Royal Thai Mint produces circulating coins in denominations including 25 satang, 50 satang, 1 baht, 2 baht, 5 baht and 10 baht. The 1-, 5- and 10-satang units are mainly used within the banking system rather than in ordinary cash purchases. Banknotes commonly circulate in 20, 50, 100, 500 and 1,000 baht denominations.

The word baht originally referred to a traditional Thai unit of weight associated with precious metals, including gold. Thailand decimalised its currency in 1897 during the reign of King Chulalongkorn. A frequent mix-up is confusing the baht with nearby Southeast Asian currencies: Indonesia uses the rupiah, Malaysia the ringgit, and Vietnam the dong.