Exchange Rates UK and Bht

Now only running at around 58.5 commercially, probably lower at the actual banks, money exchanges etc. A far cry from the 75 we got a few years ago.

[jinks]

But better than the 41 I got on my first trip in 1989.

[jolyjacktar]

Yes and better than the 35bt - ┬г i got in 1991 when i first came over, However everything was much cheaper then which reflected the lower rate. I cant see things getting cheaper now just because sterling is falling back against the bht.
If it fell too much i think holidaying in Thailand for many of us Brits will become dreams of the past im afraid to say. I think i speak for a lot of Brits too not just myself.

... which is what has happened with US citizens.

I don't see it getting any better, in fact, with the UK trade deficit, debt getting even bigger and predicted lower interest rates, we could even see even lower exchange rates.

Even with a poor exchange rate Thai food in Thailand costs about 10% of what you'd be charged in Busaba.

A nice Pinot Grigio is a completely other matter, though.

Now only running at around 58.5 commercially, probably lower at the actual banks, money exchanges etc. A far cry from the 75 we got a few years ago.I blame Gordon Brown

I blame Gordon Brown

Shouldn't Tony Blair share some of the blame with Gordon?
Plus all the sponging parasitic riff raff who voted for these innumerate dishonest wasters.

I blame Gordon BrownShouldn't Tony Blair share some of the blame with Gordon? Plus all the sponging parasitic riff raff who voted for these innumerate dishonest wasters. http://www.sawatdee-gay-thailand.com/fo ... 16147.html (http://www.sawatdee-gay-thailand.com/forum/well-done-gordon-brown-t16147.html)

.... not socialisim.

However, I find it strange that the UK, European currencies are going down the pan so fast, understandably the credit crunch and all the problems that Europe have got, but the US dollar has improved against currencies recently, and Asia has not been affected as much with the credit crunch, but I wonder if places like Thailand will let their currency appreciate to such a degree that it will harm tourism, I mean, first its the Americans that have stopped going to Thailand, will the Europeans and UK citizens stop going because of lack of money. Mind you as long as they have the Russians and the Chinese I suspect they will take their money.

I tell you Thailand is going to be short of a few tourists come 2009 and 2010.

the trouble with thailand is that if the supply of farang drys up, the bar owners both farang and thai tend to increase the bar prices to make up for the drop in sales instead of bringing the prices down

I tell you Thailand is going to be short of a few tourists come 2009 and 2010.Like your brain - a couple of pennies short of a pound

The say the US dollar is going to probably settle at around 1.50 to the UK pound.

That means we are looking at around 50 bht to the pound - even the Euro will only be 42 ish - wow.

[Sen Yai]

The say the US dollar is going to probably settle at around 1.50 to the UK pound.

That means we are looking at around 50 bht to the pound.

Why does it mean that?

The say the US dollar is going to probably settle at around 1.50 to the UK pound. That means we are looking at around 50 bht to the pound.Why does it mean that?He's assuming the baht/dollar exchange rate will remain the same, presumably. There's not a lot in the top storey, remember :bounce:

RE: Pound/Baht exchange rate

If the Labour party persist with their lunatic policies for long enough, the trend might be towards Brits becoming gogo dancers, rather than just hiring them.

.... not socialisim.

However, I find it strange that the UK, European currencies are going down the pan so fast, understandably the credit crunch and all the problems that Europe have got, but the US dollar has improved against currencies recently, and Asia has not been affected as much with the credit crunch, but I wonder if places like Thailand will let their currency appreciate to such a degree that it will harm tourism, I mean, first its the Americans that have stopped going to Thailand, will the Europeans and UK citizens stop going because of lack of money. Mind you as long as they have the Russians and the Chinese I suspect they will take their money.

I tell you Thailand is going to be short of a few tourists come 2009 and 2010.

The Russians are suffering their stock market is down 70% and their currency is suffering the Chinese are the future with their currency due for a big rise Australians and New Zealanders will be as rare as love itself

the Chinese are the future with their currency due for a big riseHow often have we heard that nonsense parroted?