Alavan Posted July 27, 2021 #21282 Share Posted July 27, 2021 (edited) 2 hours ago, gummy said: You must be right it was a long time ago and in those days I always took traveller cheques, remember them ? so yes possibly it was US $ I was thinking of. In recent times it hovered in the 46 to 54 levels for for a good time so even at say 48 - 50 would be good if it was maintained. 1991 the Baht was pegged at 25B. for a US$, and it stayed like that for something like 7-8 years. Then suddenly there was a crash and you got 50 Baht for a $. I remember bying my Callaway Big Bertha driver at a very cheap price. Edited July 27, 2021 by Alavan Quote Link to comment Share on other sites More sharing options...
Stonker Posted July 27, 2021 #21399 Share Posted July 27, 2021 10 hours ago, TobyAndrews said: Forgive me for my lack of your logic. but if the baht collapses, say to B80 to the GB Pound, why is a tourist not a winner when preciously they bought a stir fry for one pound at B40, and now can buy two stir fries for a pound? Your logic isn't lacking, @Toby, just your observation. "..... who loses? Tourists? No, big winners." NOTE THE COMMA!!! Thanks, though - made my day! Quote Link to comment Share on other sites More sharing options...
Paco Posted July 27, 2021 #21405 Share Posted July 27, 2021 21 hours ago, Soidog said: I share your pain @Sanuk but even more so. When I first started living out in Thailand in 2006 I was getting 65 to the GB£. It then got 74 in 2007. Since then it has fallen and fallen. Back in 2019 it hit 36.9. That’s over half the value I was getting in 2007. Plus inflation has pushed prices up in the intervening 12 years. In real terms my pound was worth around 60% less than when I arrived. Now that’s a real problem. You Americans who lost 10% really should not complain too much Also the English should not complain I remember what a show offs in that time now they whining because these show off times are gone ... welcome to Europe hahahahaha either way dollar, pound and euro going up already a while Quote Link to comment Share on other sites More sharing options...
Soidog Posted July 27, 2021 #21452 Share Posted July 27, 2021 1 hour ago, Paco said: Also the English should not complain I remember what a show offs in that time now they whining because these show off times are gone ... welcome to Europe hahahahaha either way dollar, pound and euro going up already a while I agree. Being English means you have nothing really to complain about. 1 Quote Link to comment Share on other sites More sharing options...
gummy Posted July 28, 2021 #21558 Share Posted July 28, 2021 And 45.69 THB to 1 GBP minutes ago. Will it breach the 46 barrier Friday am before profit taking cuts in ? Quote Link to comment Share on other sites More sharing options...
billyburi Posted July 28, 2021 #21739 Share Posted July 28, 2021 Not even close to pre Brexit vote days....... 1 Quote Link to comment Share on other sites More sharing options...
TobyAndrews Posted July 28, 2021 #21759 Share Posted July 28, 2021 15 hours ago, Stonker said: Your logic isn't lacking, @Toby, just your observation. "..... who loses? Tourists? No, big winners." NOTE THE COMMA!!! Thanks, though - made my day! I fail to see what causes your mirth. "Who loses", followed by "Tourists? No, big winners." means tourists are not big winners. You are just denying by faulty excuse, that your post is incorrect. Quote Link to comment Share on other sites More sharing options...
Fester Posted July 28, 2021 #21766 Share Posted July 28, 2021 20 hours ago, Alavan said: 1991 the Baht was pegged at 25B. for a US$, and it stayed like that for something like 7-8 years. Then suddenly there was a crash and you got 50 Baht for a $. I remember bying my Callaway Big Bertha driver at a very cheap price. Fore! Quote Link to comment Share on other sites More sharing options...
NCC1701A Posted July 28, 2021 #21794 Share Posted July 28, 2021 (edited) don't forget it's your country's currency that has been going into the toilet. as soon as the pandemic is over Thailand will have a giant rush of hot money again. Edited July 28, 2021 by NCC1701A Quote Link to comment Share on other sites More sharing options...
gummy Posted July 28, 2021 #21800 Share Posted July 28, 2021 4 minutes ago, NCC1701A said: don't forget it's your country's currency that is going into the toilet. as soon as the pandemic is over Thailand will have a giant rush of hot money again. And hopefully Pattaya will have a giant rush of hot girls too Quote Link to comment Share on other sites More sharing options...
Stonker Posted July 28, 2021 #22070 Share Posted July 28, 2021 7 hours ago, TobyAndrews said: I fail to see what causes your mirth. "Who loses", followed by "Tourists? No, big winners." means tourists are not big winners. You are just denying by faulty excuse, that your post is incorrect. Are you serious? "No, big winners" means "no" , tourists don't lose (first part) then that they're "big winners" (second part) with the comma separating the two. With comma (no, big winners) and without comma (no big winners) have completely different meanings - I realise you didn't understand that at first, but to just keep on digging your hole ..... Quote Link to comment Share on other sites More sharing options...
TobyAndrews Posted July 28, 2021 #22073 Share Posted July 28, 2021 Quote Well just put it another way without waffle and deception. If you wanted to write the tourists are big winners You should have wrote Who loses? Tourists? No, they are big winners. not Tourists? No, big winners. Quote Link to comment Share on other sites More sharing options...
BigHewer Posted July 28, 2021 #22078 Share Posted July 28, 2021 Well, well… 1 Thai baht = 3.35 yen. Same level it was at before the pandemic. And the yen is still at 110 yen to the US dollar. I think there is some speculation the baht will recover. I don’t see it falling too much. In fact, I think it will rise. Quote Link to comment Share on other sites More sharing options...
TiT Posted July 28, 2021 #22130 Share Posted July 28, 2021 I'd be happy seeing another 10% gain against the THB. I feel like 35 THB to 1 USD is a pretty fair value when you assess the price of goods in quality places like Tops. Quote Link to comment Share on other sites More sharing options...
PapayaBokBok Posted July 28, 2021 #22236 Share Posted July 28, 2021 Yes karma is at work in Thailand. But most go to temples but not understand any of teachings of Buddha bit they call them Buddhists. Same like this nationalists who talking about buddhism but have clue of it and living, acting and talking the opposite of what Buddha teaches. What goes around comes around, yes we can see and hear it daily now. I like the ones that go pray at the temples to get rich and then walk to the lottery lady set up 3 meters away Cos Buddha is all about da bling! 1 Quote Link to comment Share on other sites More sharing options...
bushav8r Posted July 28, 2021 #22240 Share Posted July 28, 2021 Before the pandemic, the Thai baht was the strongest-performing currency in Asia. Now, it’s the worst-hit currency in the region, according to Japan-based Mizuho Bank. The Thai economy has been shrinking over the past year, hitting lows which some compare to the contraction during the 1997 Asian financial crisis. The Japanese bank says the under-performance of the Thai baht is “uncharacteristic” and renders it “the worst performer to date in 2021.” The financial analysis platform Refinitiv Eikon also found the Thai baht to be the weakest-performing currency in the Asia Pacific region. As of this morning, the Thai baht had dropped […] The post Thai baht goes from top-performing to worst-hit currency in Asia appeared first on Thaiger News. Read the full story A correction has been in order for a very long time. The Thai Baht has been artificially high for too long. 1 Quote Link to comment Share on other sites More sharing options...
gummy Posted July 28, 2021 #22279 Share Posted July 28, 2021 A correction has been in order for a very long time. The Thai Baht has been artificially high for too long. And in reply it is now 45.64 THB to 1 GBP Quote Link to comment Share on other sites More sharing options...
gummy Posted July 29, 2021 #22930 Share Posted July 29, 2021 XE and WISE just a minute ago 45.89 THB to 1 GBP. I shall wait till Monday to transfer though, looking forward to 46.10 hopefully, been a long time Quote Link to comment Share on other sites More sharing options...
JamesR Posted October 6, 2021 #76589 Share Posted October 6, 2021 Even better, as of today the baht to the £ is 46 baht to 1£ Quote Link to comment Share on other sites More sharing options...
gummy Posted October 6, 2021 #76610 Share Posted October 6, 2021 46.12 THB = 1 GBP yesterday when I did a transfer but this morning eased back to 45.96 Quote Link to comment Share on other sites More sharing options...
Rain Posted October 6, 2021 #76619 Share Posted October 6, 2021 Against the US dollar, I suspect that the Baht will be just hovering over 34 by week's end. Quote Link to comment Share on other sites More sharing options...
AussieBob Posted October 6, 2021 #76624 Share Posted October 6, 2021 Long way to go - still 20+% over valued - the inevitable correction will occur eventually. Quote Link to comment Share on other sites More sharing options...
JamesE Posted October 7, 2021 #76633 Share Posted October 7, 2021 4 minutes ago, Rain said: Against the US dollar, I suspect that the Baht will be just hovering over 34 by week's end. There's this interesting feature in Wise that gives you an idea what they're thinking: the Guaranteed rate (time). Wise, being much smarter about such things than I am, makes me pay attention to this. The time is shown next to the exchange rate you're quoted when you start your transfer. If the time is longer (>24 hrs during the week and >60 hrs on the weekend), Wise is thinking that things will be stable or move in a direction that would be favorable for them. With a short time the converse applies. Right now they're guaranteeing 7 hrs. Which is the shortest I've ever seen it. Quote Link to comment Share on other sites More sharing options...
gummy Posted October 7, 2021 #76636 Share Posted October 7, 2021 6 minutes ago, JamesE said: There's this interesting feature in Wise that gives you an idea what they're thinking: the Guaranteed rate (time). Wise, being much smarter about such things than I am, makes me pay attention to this. The time is shown next to the exchange rate you're quoted when you start your transfer. If the time is longer (>24 hrs during the week and >60 hrs on the weekend), Wise is thinking that things will be stable or move in a direction that would be favorable for them. With a short time the converse applies. Right now they're guaranteeing 7 hrs. Which is the shortest I've ever seen it. Thanks for that observation. All the time I have used them I stupidly never paid attention to that. Quote Link to comment Share on other sites More sharing options...
JamesR Posted October 7, 2021 #76637 Share Posted October 7, 2021 28 minutes ago, gummy said: 46.12 THB = 1 GBP yesterday when I did a transfer but this morning eased back to 45.96 I use Transferwise now known as just Wise as the rates are good and the cost is cheap. 1 Quote Link to comment Share on other sites More sharing options...
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