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1000 baht sounds like a lot and really it isn't but it does go a long way in Thailand.
Tipping is not something Thai people do unless they are at a nightclub and couldn't be bothered picking up all the change that the waiters hand them, though if you do tip big let's say 100-200 baht in the begginning of your meal or at a club, then expect exceptional service, don't tip at the end unless you are a regular or you won't get good service at all.
This is because on April 6, 1782, Rattanakosin (present day Bangkok) was established as the capital by HM King Rama I and thus began the present Chakri dynasty.
The currency used in Thailand is called the baht, 1 baht consist of 100 Satang, however the denominations go from 25 and 50 Satang to make up 1 baht. Exchange rates fluctuate a lot in Thailand I've seen the US dollar at 50 baht to the dollar before and now it's only 30 baht, which makes retirees who call Thailand home worse off now than they were before, though the currency exchange rate is still fairly good for other countries like Australia who's exchange rate now equals 32 baht to the dollar making it great for Australians who want to travel to Thailand.
Rama I then moved the capital to the east bank of the river and named the new capital as Krung thep.
Bangkok is the common name known by the westerners since it was the trading posts of various western merchants from Ayutthaya time.
After the fall of Ayutthaya, King Taksin found a new capital at Thonburi on the west bank of Chao Phraya river plain.
The new kingdom lasted for only 15 years when the military leader made the revolution against King Taksin and placed a king from a new dynasty, the Chakri Dynasty.
Copper coins issued in 1874 during the reign of HM King Rama 5 were the first coins where C. In 1888 HM King Rama 5 declared 1782 as the epoch for the counting of years.
Coinage revolution is undertaken by Rama IV who ordered minting machine from the British and built a new mint in the Grand Palace.
In the late reign of Rama V, the traditional binary subunit of Baht is decimalized, with a Satang equaling 1/100 Baht.
Thailand currency bills are in denominations of 10, 20, 50, 100, 500, 1000 notes.
The notes are all useful though using 1000 baht bills will get you frowns by most shop keepers who rarely carry enough change to split every 1000 baht banknote.