The rate on the street.

[BigusDicus 9,878]

https://www.wsj.com/

 

Turkey Crisis Rattles Currency Markets, Pushes Dollar Higher

 

The Turkish lira tumbled, a shock that set off sharp falls in other emerging-market currencies, hit the euro and European banks, and pushed the dollar to a one-year high.

[chippendalesam 37]

Thanks Jacko for taking time to post the local currency rates. I appreciate it.

[TheFiend 1,181]

Hi,

 

If that chancer, Carney, raises rates the £ should get stronger.

 

He raised the rate and the £ has been dropping ever since!!!

[Fireman Sam 336]

He raised the rate and the £ has been dropping ever since!!!

Ye, the UK has to be the only country that raises interest rates and their currency falls. I realise there is a lot more going on but bloody annoying.

 

 

Regards.

[TheFiend 1,181]

Ye, the UK has to be the only country that raises interest rates and their currency falls. I realise there is a lot more going on but bloody annoying.

 

 

Regards.

 

It's like after the Brexit vote.......Some Brexiteers claimed the big drop immediately after the result was only a temporary dip....... We're still waiting for the bounce back over 2 years later!!!!

[jacko 8,814]

Today the £ hit a long term low for the past decade.

Transferring some to the local bank will get you 41.8 baht per £ this morning.

 

Shxt, I think I will go waste a bunch of baht tonight!

[Rawhide2 1,343]

Today the £ hit a long term low for the past decade.

Transferring some to the local bank will get you 41.8 baht per £ this morning.

 

Shxt, I think I will go waste a bunch of baht tonight!

 

Yellow TT at time of post is 42.15 but Kasikorn traditionally the lowest will likely be in the 40.s at time of post

[jacko 8,814]

And here are this afternoon's rates.

 

It's all downward again, indicating a general strengthening of the baht!

 

USD down 5 satang

GBP down 35 satang

EUR down 33 satang

Oz$ down 28 satang

CAD down 21 satang

Just for teelack NZD down 6 satang

On 1 week ago.

Edited August 17, 2018 by jacko

[Rawhide2 1,343]

Yes the Baht ended 19 Satang stronger against the Greenback from the start of the week to last nights close. That will exercebate Steling/Baht declining rate with both pairings double whammy in the wrong direction

Edited August 18, 2018 by Rawhide2

[Rawhide2 1,343]

TTs were 41.78 earlier albeit picked up slightly since then to 41.87 currently

[martini9946 129]

Im in the uk and the local currency exchange was offering 39bhat to the pound ouch ....

[Rawhide2 1,343]

Lot of people bailing on winter trips. Some seem to go through 10,000 a day with ease but no one can burn £250 daily continuously including hotel

Euro and aussie dollar weak adding to the demise of visitors. Lowest "high" season on record coming up

Edited August 21, 2018 by Rawhide2

[Butch 3,456]

Yep, Bloke at work has actually changed his 15 day week into a 10 day trip , he reckons that his budget for 15 days should see him through 10. Tough times indeed, and as you said, this will be a delayed impact as trips being cancelled now for the upcoming peak / high season.

 

When it gets to a point that even a draft beer in a GGB is nearly, or in some cases over £2 it makes sense to start getting loaded with 7/11 San Migs in the room before a night out. God forbid doing a round of LD's in Peppermint!.

 

We're getting hit on the PHP as well,down to 67 with Philrem at the moment, I was getting 70+ a few weeks ago.

Edited August 23, 2018 by Butch

[jacko 8,814]

This afternoon about 2pm......

 

Pretty much all down... usual Sterling slide, exception is the Euro up.

USD loses highest amount!.

 

USD down 42 satang

GBP down 21 satang

EUR up 13 satang

Oz$ down 25 satang

CAD down 20 satang

Just for teelack NZD down 9 satang

On 1 week ago.

Edited August 24, 2018 by jacko

[Butch 3,456]

Ooof!

 

That's bloody painful.

[martini9946 129]

could be worse you could be changing it in the uk tesco offering 38.5 bhat to the pound its getting worse ....

[midlifecrisis 4,048]

I am reading at home that the dollar is strong and then jacko bursts my bubble week after week.

[jacko 8,814]

could be worse you could be changing it in the uk tesco offering 38.5 bhat to the pound its getting worse ....

Yes, looks like it lost some more value wrt baht yesterday in the afternoon.

Might as well look forward to an even 40!

[Rawhide2 1,343]

its lower than the figures above.at weekend at TT

41.65 now

[jacko 8,814]

Today's rates....

 

[Rawhide2 1,343]

Yep Sterling against the Dollar rising in the "hope" of a half decent Brexit deal

[jacko 8,814]

Yep Sterling against the Dollar rising in the "hope" of a half decent Brexit deal

There has been a lot of scare mongering lately, the leader of the IMF, Lagarde, recently spoke and I expected her comments to drive Sterling down more. I picked up a free copy of the UK Newspaper, The I, I was very surprised by the anti-Brexit rhetoric, and quite blatant fear mongering, mind you, I had been buying The Mail previously so quite a contrast. I am sitting on the wall again about sending funds to Thailand, rate is currently so low, but the future may hold some very big shocks to the UK economy, and Sterling... I failed previously to move money ahead of the Brexit vote and that cost me 15%! But of course, in the UK, they focus on the important stuff like making misogyny a hate crime!

Edited September 18, 2018 by jacko

[Kev 178]

on another note sort of related to this topic if in Australia and want to transfer money to a Thai bank I use https://smartwaysystem.com.au/HomePage/Login

 

they give a pretty good rate and fast transfer times, current rate in 23.15, which is better than KTB offering for a TT transfer.

Edited September 20, 2018 by Kev

[jacko 8,814]

Rates this afternoon. Sorry the pic looks a bit blurred, no idea why, perhaps retribution for buying a cheap $400 phone or not renewing it!

 

 

 

[Rawhide2 1,343]

41.92 at TT currently saturday