GBP vs THB
Re: GBP vs THB
GBP has hit 45 after being in the doldrums. I'm around a week away from my normal transfer. I'm tempted to do it now but if I do what's the betting it'll go higher.
If I don't then it will sink!!!
If I don't then it will sink!!!
Re: GBP vs THB
The Bank of England interest rate meeting is at 7.00pm Thai time today. Inflation continues to increase and it is expected they will increase the current rate by a further 25 basis points - hence the reason for its strengthening - we shall see?
Courage is grace under pressure and when circumstances change you change your mind.
Re: GBP vs THB
At 7.15pm I checked some rates after the BoE did increase stg interest by 25 basis points
Kasikorn Bank closing rate for TT sterling buying was 44.91 so interesting what it will be tomorrow.
Wise was quoting 44.91 for a £1,000 transfer and 45.16 for a £5,000 transfer
Kasikorn Bank closing rate for TT sterling buying was 44.91 so interesting what it will be tomorrow.
Wise was quoting 44.91 for a £1,000 transfer and 45.16 for a £5,000 transfer
Courage is grace under pressure and when circumstances change you change your mind.
- Dannie Boy
- Hero
- Posts: 12408
- Joined: Wed Jan 13, 2010 8:12 pm
- Location: Closer to Cha Am than Hua Hin
GBP vs THB
Maybe a new name is required - now to be known as HHTel law?
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Re: GBP vs THB
Haha. Yep, I can control the exchange rate. If I transfer early then it'll get better and if I wait, then it'll get worse.
I'm open to bribes!!
I'm open to bribes!!
Re: GBP vs THB
For once I got it right. Transferred on the 9th and got 44:60. And it is now digging dirt at 44 dead and still dropping.
Very unusual for me.
Very unusual for me.
Re: GBP vs THB
Here's a challenge for bored people.
Find a currency in the world that hasn't tanked against the baht.
I can't find one but I'm not that bored.
Find a currency in the world that hasn't tanked against the baht.
I can't find one but I'm not that bored.
- StevePIraq
- Rock Star
- Posts: 3047
- Joined: Sat Jun 28, 2008 1:21 pm
- Location: Ting Tong Land
Re: GBP vs THB
That is why the USA has put Thailand on the currency watch list as a potential currency manipulater.
USD = Baht since 2008 -5.72%, worst was -8.91%, best was -3.19%
GBP = Baht since 2008 -34.23% worst -34.23%, best was -26.76%
AUD = Baht since 2008 -1.33% worst -1.33%, best was +37.52
"Live everyday as if it were your last because someday you're going to be right." Muhammad Ali
- Ginjaninja
- Ace
- Posts: 1640
- Joined: Fri Sep 14, 2012 9:51 am
- Location: Never lovin land
Re: GBP vs THB
The USD-THB was trending a nice yearly upwards and the past month taking a right nose-dive.
B*gg*r.
B*gg*r.
Re: GBP vs THB
As was the pound. Reached 46 and now 43.7
Re: GBP vs THB
Can't imagine that the Ukraine crisis is helping European currencies much.
Re: GBP vs THB
Looks like the pound is taking a hit. Down more than a baht in a week and 6 or 7 cents on the dollar.
Re: GBP vs THB
There is a war in Ukraine so what with oil and gas from Russia and massive global wheat exports not going from Ukraine and Russia etc etc stock all financial markets are down. As the US dollar is the currency of last resort( which it has been for some decades) it is no surprise and until counties step up and properly arm Ukraine so that Putin fails most FX rates will decline.
Courage is grace under pressure and when circumstances change you change your mind.
Re: GBP vs THB
I accept that, but why has the pound been hit more than pretty much every other currency.
GBP is down against all major currencies, the various dollars, Euro, many many more. It's down against the Indian Rupee and even the Rouble FFS! All in the last week. Why?
GBP is down against all major currencies, the various dollars, Euro, many many more. It's down against the Indian Rupee and even the Rouble FFS! All in the last week. Why?