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kmanrox
KK, im no pro, but im told the airport has some of the best rates around....  i'd go for it...

if not almost any bank has an exchange out front, in BKK anyhow



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Posted on: 8:57 am on Oct. 16, 2002
mt
Guys, while the exchange rates at the airport are better than the hotels, they suck in comparison to the numerous currency exchanges scattered throughout the city that are run by the banks. All of them will beat the rates at the airport. Just take a walk along Sukhumvit and you'll find tons of these currency exchanges with their rates plastered in plain sight for all to see. I now travel only with US$100 notes/bills as these give the best possible rates. If you feel the need for added security, then bring travelers checks. But remember to bring your passport with you each time you cash those checks.


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Posted on: 12:42 pm on Oct. 16, 2002
Manuel bkk
Just for info.
Great site to check the current exchange rates is http://www.oanda.com

BKK


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Posted on: 12:48 pm on Oct. 16, 2002
mt
The Oanda site is alright, but those numbers are somewhat deceptive and is not the "true" rate that you will get at the currency exchanges. This site, as an example, is by Thai Farmers Bank and shows you the actual exchange rate that you will get when you visit one of their branches. Other Thai banks have similar sites.

http://www.tfb.co.th/ForexRateNew/0,1634,,00.html



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Posted on: 12:52 pm on Oct. 16, 2002
Manuel bkk
mt

Fully agree with your suggestion.
Oanda gives the interbank rates, not the actual exchange rate we will receive at our banks.
Eventhough it is a good site to follow the rates.
As said before, just walking along Sukhumvit will give you a good idea about the best rates.

Normally go to my own, BOA, bank, the times that I thought that I could change better somewhere else and appearred with B1000.000 in small bills.....
The waiting time makes up for the small advantage you might get.

The greenback is getting stronger, with my arrival in a short time....good thing!

BKK


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Posted on: 12:58 pm on Oct. 16, 2002
mt
Manuel,

You are right in that Oanda gives the Interbank rates. Another popular site that does the same is: http://www.xe.net/ucc/

Another site for some "real" rates is the one by Bangkok Bank:
http://www.bangkokbank.com/Bangkok+Bank/Web+Services/Rates/FX+Rates.htm


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Posted on: 2:12 pm on Oct. 16, 2002
aurum
interbank exchange rates, which state the "fair" value, are still a very good information, since it shows us precise how much they ripp us off,


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Posted on: 5:55 am on Nov. 16, 2002
aurum
another great link to calculate the value of any currency with any currency of this planet is found at http://www.bloomber.com and then look for the currency calculator. Large amount 5000 K (USD, EURO, GBP, SFR) I wouldnt change at the currency exchange booths, but inside the bank, negotiations for better rates are possible, but have a well sounding reason for carrying that much cash in mind, they will ask.


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Posted on: 5:58 am on Nov. 16, 2002
aurum
http://www.bloomberg.com  and not bloomber.com of course


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Posted on: 6:00 am on Nov. 16, 2002
aurum
and once more, hve received interbank rates, and real notes at the bad reputed "black market" through a friend, but only 100 notes. I am sure there s such a friend in everybodies reach


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Posted on: 12:15 pm on Nov. 18, 2002
     

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