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MainMoney Matters – Dollar to Baht exchange rate? All Topics

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badfishlbc
Ok, reading through this thread I'm a little more clear on the onshore rate. I assume that the onshore rate can be had by performing exchanges at the kiosks, right? If so, what is the current rate at the kiosks?

From sai tai's post about the ATM withdrawal, the onshore rate looks to be about 2 baht higher than the offshore rate which I look at on Yahoo and XE.com.

TIA


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Posted on: 7:36 pm on Sep. 11, 2007
Buai

Quote: from badfishlbc on 9:30 am on Sep. 12, 2007
I assume that the onshore rate can be had by performing exchanges at the kiosks, right?


Only if the kiosks are onshore...


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Posted on: 9:54 pm on Sep. 11, 2007
expatchuck
Here is a link that will give you the current rate of exchange you will receive from all those on-shore kiosks.

It has NOTHING to do with the off-shore rates and it is updated all the time. I suggest you put the link in your "Favorites" so you can access the real rate anytime you want.

Foreign+Exchange/FX+Rates/

This should put the issue to bed. You are welcome.


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Posted on: 12:35 am on Sep. 12, 2007
Mel Gibson
$US 31.9 "off-shore" 33.6 "on-shore". Still dropping like a meteor.
It's strange that these pricing differences continue,,, I suspect someone is making more than a few BAHT on this.

Mel.


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Posted on: 1:55 am on Oct. 24, 2007
jingjo
Thanks for that EPC

Bookmarked!

I always knew that

http://www.xe.com/ucc/convert.cgi

was showing a lower rate!

Great News AUD is 30.plus

I haven't got that since 2002

I'm over Soon to buy stock for My Shop

every little bit helps


Mel Miss Finland for the Cox Plate


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Posted on: 2:20 am on Oct. 24, 2007
IBFarang

Quote: from Mel Gibson on 4:04 pm on Oct. 24, 2007
Still dropping like a meteor.



They must have a different definition of either meteors or dropping in Aussy land. It is a given the US dollar has fallen against the baht since '06, but it has kind of stabilized since about April of this year (with the exception of a dive in July from which it has since recovered).

This year the dollar fell in the first quarter, then fell very little in the second quarter, took a fall in July, from which is recovered in Aug and Sept, and now has fallen a bit in Oct but not back down to July numbers.

If one takes a bit of a bigger picture view then ’05 was a year of gains for the dollar against the baht, ’06 was were the real fall took place, trend continued into early ’07, and has started to stabilize starting in April (with the exception the aforementioned July dive). This is not to say that the dollar will remain in the 31.5/ 32.0 range for the foreseeable future, but my dollar income has given me fairly consistent buying power since April of this year.


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Posted on: 4:08 am on Oct. 24, 2007
Mel Gibson
IBF, try and get your wages in any ANY other currency,,, I see Canadian dollars around $US 1.03
Your point is correct,, the $US has only dropped some 3% against the BAHT since June?????? ONLY dropped 3% against a currency doing everything possible to lower it exchange rate,, a country under a Military rule after tanks rolled down it's streets, a country that introduces ANTI foreign investment rules then runs like hell.
I read a recent report that said major $US devaluations will be triggered soon,, there are several countries that have their currencey "pegged" to the $US and they will not accept a continual fall ( includes the Saudi's).
The combined effect of the $US sell off from those countries along with the new ( hopefully stable) Thai elected government could see the exchange rate around 25 Baht,,,,,,,,,,,or less

Best wishes
Mel


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Posted on: 4:32 pm on Oct. 24, 2007
Mel Gibson
31.4,,, sagging BAD, if not dropping liked a stone.
Is that a Canadian sdollar woth US$ 1.04 ??
Smiling
Mel


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Posted on: 5:55 am on Oct. 29, 2007
thailife
as usual, when everyone takes one side of the market, do the opposite......


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Posted on: 7:40 am on Oct. 29, 2007
China Sailor

Quote: from Mel Gibson on 8:04 pm on Oct. 29, 2007

31.4,,, sagging BAD, if not dropping liked a stone.
Is that a Canadian sdollar woth US$ 1.04 ??
Smiling
Mel


The folks smiling are the American Companies that are finding that their products are now competitive in the overseas markets.

Also smiling are the American Farmers who are now able to sell their argicultural products locally and not be beaten down by subsdized imports from overseas.

Finally the American Investor is smiling as foreign funds flow into American Investments which are real bargans compared to the rest of the world.

That's who smiling Mel.

Now who is frowning? That will be the Canadian and Australian farmers who have lost their currency advantage against the American producers.

That's Economics 101 Mel...



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Posted on: 7:48 am on Oct. 29, 2007
     

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