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| 背面描述 | Central vignette portrays King Ramkhamhaeng the Great enthroned upon the Manangkhasila Asana stone throne, rendered in intaglio against a warm ochre and green guilloche background. To the left, a scene illustrates the invention of the Thai alphabet, with the Ramkhamhaeng inscription stele depicted alongside. The composition is framed by traditional Thai decorative borders with the reign dates and denomination inscriptions in Thai numerals. |
| 背面铭文 | พ่อขุนรามคําแหงมหาราช พ.ศ. ๑๘๒๒ - ๑๘๔๑ 20 ๒๐ โทษฐานปลอมแปลงธนบัตร คือจำคุกตลอดชีวิตหรือจำคุกอย่างสูงยี่สิบปี และปรับอย่างสูงสี่หมื่นบาท (Translation: King Ramkhamhaeng the Great B.E. 1822 - 1841 (1279-1298) 20 20 Penalty for making counterfeit banknotes is life imprisonment or up to twenty years and up to 40000 baht fine) |
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P#118 is part of a long-running series that the Bank of Thailand has reprinted with minimal modification across multiple decades, with the 20 Baht denomination serving as one of the most actively circulated values in everyday Thai commerce. The Note Printing Works in Bangkok has produced Thai currency in-house since 1969, giving the central bank direct control over production — an arrangement that reflects a broader postwar policy of reducing reliance on foreign printers such as Thomas De La Rue and Bradbury Wilkinson, both of which printed earlier Thai issues.
The security specification for this note is relatively modest for its era, with no polymer option having been adopted for this denomination despite Thailand's experimentation with polymer substrates on commemorative issues.