Economy
Discussion on Potential 1,000-Baht Banknote Cancellation
A recent forum at Chulalongkorn University sparked public interest regarding a hypothetical proposal to cancel the 1,000-baht banknote.
During 'The INTANIA Forum' held at the Faculty of Engineering, Chulalongkorn University on July 31, 2026, a discussion took place regarding the potential cancellation of the 1,000-baht banknote. The event, reported by Thai Post, featured commentary that framed the topic within a context of wealth and economic discourse.
For residents and travelers in Thailand, the 1,000-baht note remains the highest denomination in circulation and is widely used for daily transactions. While the forum generated headlines, it is important to note that this was a discussion event rather than an official announcement from the Bank of Thailand or the government. There has been no policy change, and the 1,000-baht note remains legal tender for all payments.
At this stage, the idea of removing the note from circulation remains speculative. No official timeline or legislative proposal has been introduced to phase out this currency. Those living in or visiting Thailand should continue to use the 1,000-baht note as usual. Any future changes to currency denominations would require formal notification from the central bank, which has not occurred. Observers should monitor official government channels for any verified updates regarding monetary policy.