Last month I was getting 66-67 bht for the whole month in Patts but have just looked at the BBK bank and its dropped back down to 62-63 bht for sterling.

Anyone any the wiser about this shift in rates? I thought it was on the bounce back after a dodgy few months around Mar-May time. Weird.

think its down even more now over the years i have had low of 38 high of 89

Its all to do with the pound going into free-fall and recession looming in UK
I guesstimate a rate of 45-50 TBH/£ in the forseeable future
Buy Baht now would be my advice

Hedonist

This post has been edited by hedonist: Aug 16 2008, 09:01 PM

Australian dollar is falling as well down 4 baht per dollar in a week.

Aussie dollar down to Us dollar.

It seems the THB is getting stronger.

Just checked:

1 € = 49.87 THB (was 52-53 few weeks back)
1 USD = 33.86 THB
1 AUSD = 29.28 THB
1 UKP = 63.07 THB

Hey guys,

Am not back in LOS for 10 weeks, by which time, if the pound is plummeting sub-60 versus the baht, we BM's will be getting a rawer deal than we have been recently accustomed to.
I am going to go and change a wad of sterling next week and sit on it til departure. I would be content enough with 63-ish to the pound, but if I leave it until it gets to sub-60, then I would be more than a little pissed, as, I imagine, would others.
So, given that I usually just bring sterling to LOS and occasionally use an ATM, where is the best place to get money changed in the UK, commission wise and all that?

Cheers!

hi guys
Well i did a really good thing for once, on my last trip in july i opened a thai bank account, and put a few thousand thai into it, at 66 bhat to the pound, and also exchanged too much money in the last few days of my trip, so took the thai surplus back to the uk, and did not exchange it back . So on my next trip in oct ive still got quite a bit of thai money at a very good rate .....plus the money in thailand is earning interest happy days

I was getting 32.5bht 5 weeks ago..& now the aussie dollar has dropped to 29bht. I'm going back in November..it dosnt look good for us aussie's...so you guys from the UK shouldnt complain getting 62-63bht..thats still a pretty good rate i think.

I dont think it'll go too bad but it was just an observation really. I am back in Patts in about 10 weeks so am not going to panic just yet. Also it'll be the beginning of high season so fingers crossed it bounces back a little. I can cope with 63-64 bht to the £.

I am a little stuck anyway as I only have TC's and would get murdered on exchange in the UK so will have to wait until I get to LOS anyway. Good idea about the bank account though.

With the stengthening US Dollar against the GBP its a pisser for my missus sending back money to Thailand, Rates are showig 62 again, it doesnt help te present slump in Pattaya visitors

Not quite that bad!

SCB
1/8 AUS$ = 30.81
8/8 AUS$ = 29.49
15/8 AUS$ = 28.56

Bangbk
1/8 AUS$ = 30.88
8/8 AUS$ = 29.79
15/8AUS$ = 28.67

Far better than your trantasman rate!

The dollar is actually relatively strong compared to recently, so its a good time to buy before it gos back down