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visitingbkk
Since this thread has been quite.....

Today was at Bumrungrad and when it's time to pay they always ask if I want to pay in Baht or Dollars. This trip my main card is Chase traveler card with no foreign transaction fees and they send me a txt each time a transaction hits the card so I know when it's used

The bill from BH was 4K something or, in dollars they would charge 121.69. I said charge in Baht. Seconds later I get a text from chase saying my card was charged 117.16.

Even if only 5 dollars, I am surprised it was so much better exchange rate than what BH provided. I know I'll be paying in baht and letting my banks back home convert.


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Posted on: 4:16 am on April 27, 2016
koolbreez
You always get ripped off on the exchange rate if you pay in dollars instead of baht, anywhere. It is the same if you change money at your hotel rather than at a bank exchange booth, you get ripped off.

Something most don't know about is the added fee at bank ATMs. Not only is there the bt180-bt200 fee, but they also take an extra bt1.20 per dollar. Right now the bank exchange rate is bt34.93 to the dollar, but out of an ATM it is bt33.73, plus the bt180-bt200 fee. Most people don't know about this extra charge.

Right now the best rates are on $100 bills, or $500 size TCs.


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Posted on: 4:12 am on April 28, 2016
Wanderingsam
This morning Vasu exchange Sukhumvit Soi 7 is 35 baht to the dollar for $100 bills.


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Posted on: 10:30 am on April 28, 2016
visitingbkk

Quote: from koolbreez on 4:12 pm on April 28, 2016
You always get ripped off on the exchange rate if you pay in dollars instead of baht, anywhere.

Makes sense... In the old days, when many cards charged outrageous "foreign transaction fees" plus a wide ranging exchange rate, it seems to be a hit or miss what was better.... having seen this in real time, and no foreign transaction fees... I now know better.


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Posted on: 2:09 am on April 29, 2016
visitingbkk
I was in Chicago the other day and the forex in the airport advertised thai baht at 34.25 for 100s... Landed here and best I can find is low to mid 32 at super rich, vasu, etc. I was really quite surprised to see that large of a difference and will start to reconsider where I load up


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Posted on: 7:07 pm on Jan. 3, 2018
bkkz
This is Bangkok Bank's rate, I would guess the money changes would be slightly better at 32.xx

Bangkok Bank FX Rates

So, if you were getting 34.25, that's fantastic!


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Posted on: 9:17 pm on Jan. 3, 2018
vox

Quote: from visitingbkk on 7:07 am on Jan. 4, 2018
I was in Chicago the other day and the forex in the airport advertised thai baht at 34.25 for 100s... Landed here and best I can find is low to mid 32 at super rich, vasu, etc. I was really quite surprised to see that large of a difference and will start to reconsider where I load up




That's quite impossible that they were buying dollars and converting them to baht at that rate...the baht hasn't been over 34 against the dollar for a couple months now. You were probably seeing their rate for BUYING baht, not buying dollars, which would put the rate ridiculously in their favor (which is, of course, what currency exchanges always do).


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Posted on: 10:53 pm on Jan. 3, 2018
visitingbkk
That is what I thought as well...but I went to the counter, inquired and the woman at the counter confirmed. I have no freaking clue how or why as I've watch the dollar weaken steadily over the past year....makes no sense to me

I'll be thru Chicago again next month and will check again


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Posted on: 5:06 am on Jan. 4, 2018
flashBKK

Quote: from mosquito2002 on 5:22 am on April 5, 2006
38.5 baht to a U.S. dollar, sucks.
Haha! How we WISH it was at the "sucky" level of 38.5 baht. Currently around 31.7 on average.


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Posted on: 7:45 am on June 3, 2018
anakin skywalker
Prediction the $1=34baht by August 🙏


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Posted on: 10:59 pm on June 10, 2018
     

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