The Thai Monetary Unit, or the currency of Thailand, is known as the baht. However, there are other synonyms and alternate terms used for this currency in different situations. One of which is the Thai currency. This term suggests non-specificity in reference to the monetary unit of Thailand but conveys the same meaning as "baht." Another synonym is "Siamese currency." This term is an older term used during the time when Siam was still known as the Kingdom of Siam. Nowadays, it refers to the same currency as the baht. Overall, there are many ways to refer to the Thai Monetary Unit depending on the context and personal preference.