B201 (PNL): 50 บาท (baht) (US$1.50)
Blue. Front: Thai text; Maha Vajiralongkorn Bodindradebayavarangkun (Rama X) wearing Royal Thai Air Force uniform; Royal Garuda emblem. Back: Thai text; Royal Garuda emblem; Rama III and Rama IV. Simulated security thread with demetalized 50 บาท/50 BAHT. Watermark (shadow image): Rama X. Printer: (Note Printing Works). 144 x 72 mm. Polymer.
a. No date. Sig. 92: Chunhavachira/Suthiwartnarueput.
Intro: 21.11.2025. Unconfirmed.
Courtesy of Mike Teseling.