bumblebee Posted January 16, 2015 Share Posted January 16, 2015 Besides the US Dollar, most of the major currencies are doing their best impression of a limbo dancer right now, "how low can you go.." When I got here 3 months ago the Euro was hovering around the 41 B mark mostly, today it's down to 37.40 or so. I budget on it being 40 these days, (ah the good old days of 6 years ago when it was 50 are distant memories) anything over is a bonus but when it goes this far below it becomes a concern. It makes going home even more attractive now as at this rate on a long trip it all adds up. So what about you guys, is there a rate you have in mind where it would affect your trips, be it shorter, less often or not come at all etc? Quote Link to comment Share on other sites More sharing options...
Jimslim Posted January 16, 2015 Share Posted January 16, 2015 In my 10 years of coming to Thailand this has always been a mystery to me . The best I've seen is 73 Baht to the English Pound (in 2005) the worst was 45 Baht (in 2013) I thought things were heading in the right direction earlier in 2014 when I was getting 55 Baht to the Pound now it has slipped back under the 50 mark . I'm careful with my money now I've had to be since 2008 , anything over 50 is a bonus anything under and things get tight . Quote Link to comment Share on other sites More sharing options...
TEXASMAC Posted January 17, 2015 Share Posted January 17, 2015 Honestly for me anything over 30 I am happy. I am still coming though no matter what. Quote Link to comment Share on other sites More sharing options...
bumblebee Posted January 23, 2015 Author Share Posted January 23, 2015 I see the Euro is down to 36.80 today yikes. With the upcoming election in Greece it may even hit 35 or so soon. Considering it was 45 last May it's not pleasant viewing. Time to stay and holiday in Europe for a couple of years me thinks. Quote Link to comment Share on other sites More sharing options...
deepthroat Posted January 23, 2015 Share Posted January 23, 2015 The dollar is crazy strong lately. Was in Canada visiting my buddy Siam Sam the other day, and they actually gave me something like a 20% premium over the Cnuck Looney. I remember it being par ($1US = $1CAN) just last summer. Quote Link to comment Share on other sites More sharing options...
pdogg Posted January 23, 2015 Share Posted January 23, 2015 I think you're right DT. It's really all about the strong dollar rather than the strong baht. The Euro, Swiss Franc, Looney, and Aussie Dollar have all weakened significantly vis a vis the USD, The GBP seems to be holding it's own though. I would assume that the BOT likes stabilty. It seems these days the BOT is aiming for stabilty vs the USD rather than stability vs a basket a currencies. Quote Link to comment Share on other sites More sharing options...
SiamSam Posted January 23, 2015 Share Posted January 23, 2015 Sadly the Canadian dollar is in the toilet presently after a long stretch of enjoying par with the US$. It's at $0.82 now and still falling. This is a result of the drop in global oil prices. Boo Hoo for Canucks travelling abroad. Not fun times. Might have to head down to the US and live in DT's garage. Quote Link to comment Share on other sites More sharing options...
donnykey Posted January 23, 2015 Share Posted January 23, 2015 Your Thai exchange rate has relatively nothing to do with the strength of the Thai baht.....It is all based on what your currency is doing against the US$ and i for one say Fuck 'em. Cheers DK Quote Link to comment Share on other sites More sharing options...
soiboy Posted January 25, 2015 Share Posted January 25, 2015 The strong dollar right now is not necessarily a good thing. Foreign orders for US products, especially big products (e.g., heavy construction equipment such as Caterpillar), are down (although there are exceptions such as Boeing). That's why the stock market has been in this crazy fluctuation mode for three or four months now with the DOW just bouncing back and forth between 17,000 and 18,000. Very skittish, due in large part most recently to the European economies tanking and falling global oil prices. When 2015 1st quarter earnings reports come out in April it could go below 17,000, unless countered by early seasonal housing starts, etc. And, to make matters worse for us American mongers, because the baht is propped up by dollar reserves, we see no benefit at the currency exchange windows in LOS! Unfortunate goings on all around now in world economies. And, what the hell, let's throw in Putin's ongoing aggression toward Ukraine, ISIS, possible power struggles in Saudi Arabia, fall of the Yemeni government, disenfranchised Muslims in Europe...Yikes! Does this list have an end?! Quote Link to comment Share on other sites More sharing options...
deepthroat Posted January 25, 2015 Share Posted January 25, 2015 Soiboy, one of my favorite stock market axiom's is "Stocks climb a wall of worry". Don't despair... if everything looked positive, almost all the available money would already be in the market, meaning our investments would have nowhere to go but down. Quote Link to comment Share on other sites More sharing options...
duke007 Posted March 20, 2015 Share Posted March 20, 2015 I see the British £ is dipping again to the THB Quote Link to comment Share on other sites More sharing options...
bumblebee Posted March 20, 2015 Author Share Posted March 20, 2015 I see the British £ is dipping again to the THB I'm afraid to look at the Euro. I have heard it was around 34.something recently, to think it was 45 last May. Quote Link to comment Share on other sites More sharing options...
seven Posted March 20, 2015 Share Posted March 20, 2015 I'm afraid to look at the Euro. I have heard it was around 34.something recently, to think it was 45 last May. Its almost on par with the dollar. Ouch Quote Link to comment Share on other sites More sharing options...
Jimslim Posted March 21, 2015 Share Posted March 21, 2015 I see the British £ is dipping again to the THB Unbelievable !!! I will never understand this in a million years . Quote Link to comment Share on other sites More sharing options...
JustSumGai Posted March 23, 2015 Share Posted March 23, 2015 I think business only prospers after they've turned the market to SHIT. They can then employ ppl for little money, sell in all markets and buy up dying businesses, etc. They thrive if we suffer. Different kind of slavery. Sometimes life seems so fuedal. Quote Link to comment Share on other sites More sharing options...
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