Thai Baht - Money and Unit of Mass

Money and Unit of Mass

Ngoen (เงิน) is Thai for silver as well as the general term for money, reflecting the fact that the baht (or tical) is foremost a unit of weight for precious metals and gemstones. One baht = 15.244 grams. Since the standard purity of Thai gold is 96.5%, the actual gold content of one baht by weight is 15.244 × 0.965 = 14.71046 grams; equivalent to about 0.473 Troy ounces. 15.244 grams is used for bullion; in the case of jewellery, 1 baht should be more than 15.16 grams.

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