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Sarge

Quote: from Mel Gibson on 11:23 am on April 25, 2007
I had no idea there where still people living in NZ,,, I thought they all mooved to Bondi beach.

555 lol, gud 1..... actually they're all moving further down to Coogee. Bondi is too naff for Kiwis nowadays.


Quote: from Mel Gibson on 11:23 am on April 25, 2007
Not sure where you found the $1.15...

XE


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Posted on: 9:48 pm on April 24, 2007
Mel Gibson
Yes and it says???? 1.11 / 1.12.

Cheers anyway

Mel


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Posted on: 11:24 pm on April 24, 2007
Sarge
It was this morning (OZ time), maybe the AUD is dropping faster than TBG's knickers.


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Posted on: 12:17 am on April 25, 2007
Mel Gibson
US$ Vs Thai Baht 32.50, so yet again the Baht is strengthening even against a slightly firmer US$, especially against the Yen.

Don't stress help is on its way,, Vietnam is taking large pieces of the Thai export market and growing at a MASSIVE rate ( I know others have laughed at my thinking Vietnam as a tough competitor for Thailand ) but look at some of these stats up till 2004 http://www.mekongcapital.com/mr_exp.htm

Things will get interesting later this year as the high Baht really starts to hurt exports and tourism.

Mel the Mc onomist,,,LOL


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Posted on: 11:33 pm on May 2, 2007
DaffyDuck

Quote: from Mel Gibson on 1:18 pm on May 3, 2007

Don't stress help is on its way,, Vietnam is taking large pieces of the Thai export market and growing at a MASSIVE rate ( I know others have laughed at my thinking Vietnam as a tough competitor for Thailand )
Oh, by all means, you are right on target with that prediction - at least the Chinese are smart enough to shift some of their manufacturing to Vietnam, and then export back to the west, multiplying their profits, and the west continues to be dumb enough buying from them.

Vietname is up and coming, though not overnight - but will certainly propvide competition in certain industries to Thailand.



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Posted on: 1:51 am on May 3, 2007
Mel Gibson
Thanks Daffy,,,,
You state certain Thai industries,,, lets say ALL THE MAJOR Thai exports areas.

Lets just look at a few,, Textiles and Rice. And then diverse into more tech product such as Electronics/computer and components.

Vietnams exports in 2001 Vs 2005

2001 Textiles US$1975 million 2005 US$4060 million
2001 Rice US$3720 million 2005 US$ 5202 million

Electronic components etc, 2001 US$709,,,,,2005 US$1442 million

These where the pre Thai Baht CRAZY days,, ( 1/1/2006 a Thai Baht was worth 388 Viet dong,, TODAY a Thai baht is worth 492 Viet Dong) giving a 34% plus further trading advantage because of currency pricing.

Add this medium sized competition to that growing from India and Thailand needs to rapidly change and I doubt that is likely under a military government that has done more back=flips than a circus performer. The major slowing in toursim because of the Baht strength will aslo weigh heavily.

Basically the Thai Baht at todays prices is a shot Duck
( no offence to you Daffy).


Mel.


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Posted on: 3:03 am on May 3, 2007
Gyaos
Can someone check the Baht/USD rates at Phrom Phong the next time going to Soi 33 for a massage and post them here? Thanks!

Gyaos


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Posted on: 10:04 am on May 10, 2007
Calzoid
USD now at 32.50, fluctuates by the minute. Never mind the ATM (International Conversion Rates) cost, it is more like 30 once the cash comes out.



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Posted on: 2:06 am on May 13, 2007
Oaktoad
I don't know what bank you use, but I have been getting 34.65-75 the last four times I withdrew money using my ATM


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Posted on: 11:26 pm on May 13, 2007
bkkmaster

Quote: from Calzoid on 3:51 pm on May 13, 2007

USD now at 32.50, fluctuates by the minute. Never mind the ATM (International Conversion Rates) cost, it is more like 30 once the cash comes out.


I think you are looking at the rate of purchase in the states and not in Thailand.


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Posted on: 7:21 am on May 14, 2007
     

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