Can you say 34.58 baht to the dollar? - Ajarn Forum - Living and Teaching In Thailand
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Old 2nd September 2008, 15:05   #1 (permalink)
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Can you say 34.58 baht to the dollar?

Come on 40 !
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Old 2nd September 2008, 15:07   #2 (permalink)
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Re: Can you say 34.58 baht to the dollar?

No!! I changed 15,000 dollars worth a couple of weeks ago. Still lost as I changed at 33.30 and should have done it at 31.90. But I am feeling better. Not to many baht left in Thailand these days.
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Old 2nd September 2008, 16:17   #3 (permalink)
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Re: Can you say 34.58 baht to the dollar?

...the baht weakened even after 2 interventions by the BOT...predictions are it will find a floor at 35 or so.

....that may be the time to do a transfer in.
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Old 2nd September 2008, 16:35   #4 (permalink)
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Re: Can you say 34.58 baht to the dollar?

hmmmm...a rising dollar can only be a good thing.
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Old 2nd September 2008, 16:38   #5 (permalink)
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Re: Can you say 34.58 baht to the dollar?

I'm waiting for 70+ to the pound sterling, then I can cash in. Don't reckon it'll go that high though.
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Old 2nd September 2008, 17:33   #6 (permalink)
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Re: Can you say 34.58 baht to the dollar?

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Originally Posted by Piece Train View Post
hmmmm...a rising dollar can only be a good thing. __________________
Not if you dont trust the baht and save in dollars.
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Old 2nd September 2008, 17:38   #7 (permalink)
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Re: Can you say 34.58 baht to the dollar?

The pound seems to be continually weakening against the baht. It's down to just over 62 today according to the BOT website.

If it goes down to about 35-40, I think I'll fly back and have a cheap holiday in the UK.
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Old 2nd September 2008, 17:42   #8 (permalink)
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Re: Can you say 34.58 baht to the dollar?

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Originally Posted by Bangkok Phil View Post
If it goes down to about 35-40, I think I'll fly back and have a cheap holiday in the UK.
If it does that, there might not be a UK to go home to.
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Old 2nd September 2008, 18:17   #9 (permalink)
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Re: Can you say 34.58 baht to the dollar?

Sweet, I am planning a large transfer from my bank in my home country. Maybe I should hold off a few days to see if it weakens any more.
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Old 2nd September 2008, 20:38   #10 (permalink)
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Re: Can you say 34.58 baht to the dollar?

Although this flies against my personal investing nature I would suggest a look at the Gold market might be warranted. Granted I am talking about selling and not buying .... this excludes me since I have no gold but lok at the gold prices and you may find a sellers market over the next few days.
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Old 3rd September 2008, 02:37   #11 (permalink)
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Re: Can you say 34.58 baht to the dollar?

Damn I had to top up my Retirement visa account back in April. The baht was just a little above 30. Would have had at least a 100,000 more of those pesky little baht if it were today.

If it hits 40, might buy a condo.
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Old 3rd September 2008, 08:41   #12 (permalink)
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Re: Can you say 34.58 baht to the dollar?

Sanuk Canuk.

Seen the price of gold today (Wednesday 3rd September) ??
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Old 3rd September 2008, 20:25   #13 (permalink)
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Re: Can you say 34.58 baht to the dollar?

Nope I haven't but my guess is it is way up against the baht......
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