Nightcrawler Posted July 17, 2023 Share Posted July 17, 2023 I wish there was a way of getting the current rate for cash whilst still in UK. I don't have a Thai bank account. Sods law is that by the time I come out in September it will be back down to 40 ish. The long term forecasts suggest that it will remain around 44 or 45 but I don't take much notice of those, because things can change very quickly according to financial situation here and abroad including interest rates. Let's hope it stays as it is for a while or better. 1 Link to comment Share on other sites More sharing options...
Stillearly Posted July 17, 2023 Share Posted July 17, 2023 (edited) 2 hours ago, Nightcrawler said: I wish there was a way of getting the current rate for cash whilst still in UK. I don't have a Thai bank account. Sods law is that by the time I come out in September it will be back down to 40 ish. The long term forecasts suggest that it will remain around 44 or 45 but I don't take much notice of those, because things can change very quickly according to financial situation here and abroad including interest rates. Let's hope it stays as it is for a while or better. Get yourself a Revolut card , you can top it up from your debit card at similar rates to Wise ... use it to pay for hotels , travel , meals etc ...even some bars take cards these days ... or if you want cash https://www.compareholidaymoney.com/travel-money/thai-baht?gad=1&gclid=Cj0KCQjwzdOlBhCNARIsAPMwjbw4_6OndcF3GThpU5bsNvwNnaBliVyHZ5Qs1ShZUBCz6E7mgYw2UEUaAgovEALw_wcB rates not as favourable, but 44.25 not too bad .. Edited July 17, 2023 by Stillearly 4 Link to comment Share on other sites More sharing options...
Lemondropkid Posted July 17, 2023 Share Posted July 17, 2023 32 minutes ago, Stillearly said: Get yourself a Revolut card , you can top it up from your debit card at similar rates to Wise ... use it to pay for hotels , travel , meals etc ...even some bars take cards these days ... Maybe I am more conservative than you but Revolut is one I'd avoid on gut instinct. Cypto trading is a red flag for me that I'd never put money into a platform that offered it. Then there's the general lack of any regulation around the products they offer. After seeing FTX go down, I wonder how many other of these are out there? Rising interest rates make me generally more cautious expecting to see more corporate failures as firms who've been betting with borrowed money go to the wall. But add in the cryto part and I get nervous!!! Link to comment Share on other sites More sharing options...
Nightcrawler Posted July 17, 2023 Share Posted July 17, 2023 42 minutes ago, Stillearly said: Get yourself a Revolut card , you can top it up from your debit card at similar rates to Wise ... use it to pay for hotels , travel , meals etc ...even some bars take cards these days ... or if you want cash https://www.compareholidaymoney.com/travel-money/thai-baht?gad=1&gclid=Cj0KCQjwzdOlBhCNARIsAPMwjbw4_6OndcF3GThpU5bsNvwNnaBliVyHZ5Qs1ShZUBCz6E7mgYw2UEUaAgovEALw_wcB rates not as favourable, but 44.25 not too bad .. Thanks for the info. Looking at the link that you provided, if it were to get to 45 from 44.25 I will be tempted to at least convert 1k sterling into physical baht. Link to comment Share on other sites More sharing options...
Krapow Posted July 17, 2023 Share Posted July 17, 2023 2 minutes ago, Lemondropkid said: Maybe I am more conservative than you but Revolut is one I'd avoid on gut instinct. Cypto trading is a red flag for me that I'd never put money into a platform that offered it. Then there's the general lack of any regulation around the products they offer. After seeing FTX go down, I wonder how many other of these are out there? Rising interest rates make me generally more cautious expecting to see more corporate failures as firms who've been betting with borrowed money go to the wall. But add in the cryto part and I get nervous!!! Yea, read something the other day they're getting 'investigated'. @Nightcrawler why don't you pay an 'Agent' to open a Thai Bank A/C for you when next in Thailand. Then you send my Wise, literally seconds. 2 Link to comment Share on other sites More sharing options...
Nightcrawler Posted July 17, 2023 Share Posted July 17, 2023 1 minute ago, Krapow said: Yea, read something the other day they're getting 'investigated'. @Nightcrawler why don't you pay an 'Agent' to open a Thai Bank A/C for you when next in Thailand. Then you send my Wise, literally seconds. Yes,good idea, I may well do that. Not having a permanent address there has always put me off of opening an account. Who would I go to, to open an account? Never thought of doing that in the past. Could I also physically deposit sterling in an account also, when I am there? Link to comment Share on other sites More sharing options...
Stillearly Posted July 17, 2023 Share Posted July 17, 2023 51 minutes ago, Nightcrawler said: Yes,good idea, I may well do that. Not having a permanent address there has always put me off of opening an account. Who would I go to, to open an account? Never thought of doing that in the past. Could I also physically deposit sterling in an account also, when I am there? I used these guys for mine https://tiktokservicesthailand.com 1 Link to comment Share on other sites More sharing options...
cosceguinhas Posted July 17, 2023 Share Posted July 17, 2023 4 hours ago, Nightcrawler said: I wish there was a way of getting the current rate for cash whilst still in UK. I don't have a Thai bank account. Sods law is that by the time I come out in September it will be back down to 40 ish. The long term forecasts suggest that it will remain around 44 or 45 but I don't take much notice of those, because things can change very quickly according to financial situation here and abroad including interest rates. Let's hope it stays as it is for a while or better. If you just want to monitor the current rate on the street, TT post their rates at start-of-business here https://ttexchange.com/ They don't update it through the day, so you wouldn't catch minor fluctuations, but it might be enough for those of us outside the country. Link to comment Share on other sites More sharing options...
Blue Streak Posted July 17, 2023 Share Posted July 17, 2023 Monday 17th July 2023....21.00 hrs... Soi Buakhao. 2 2 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 18, 2023 Share Posted July 18, 2023 Tuesday 18th July 2023....21.00 hrs... Soi Buakhao. 2 1 Link to comment Share on other sites More sharing options...
Pumpuynarak Posted July 18, 2023 Share Posted July 18, 2023 Baht's on the increase so i've just been reading due to the political future looking promising 1 Link to comment Share on other sites More sharing options...
Nightcrawler Posted July 19, 2023 Share Posted July 19, 2023 Just as things were looking up, Sterling has taken a fall as price rises less than expected in UK. No doubt that will knock down the Value of the Pound today and leave it in the 43 range . 1 Link to comment Share on other sites More sharing options...
Krapow Posted July 19, 2023 Share Posted July 19, 2023 On 7/6/2023 at 12:11 PM, Krapow said: Read about the Thais going to drop interest rates this month, so hopefully stays above 44 anyway. Then again, i'll be there in 2 weeks, imminent crash to 39 coming, and it was going so well ... Called it! I arrive the mora, it'll get worse, nothing surer 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 19, 2023 Share Posted July 19, 2023 Wednesday 19th July 2023....21.00 hrs... Soi Buakhao. 3 1 Link to comment Share on other sites More sharing options...
Pumpuynarak Posted July 20, 2023 Share Posted July 20, 2023 Oh dear 44.03 UK £ on Wise, looks like a case of ''after the Lord Mayors show'' Link to comment Share on other sites More sharing options...
Horizondave Posted July 20, 2023 Share Posted July 20, 2023 Looks like the decrease in inflation to 7.9% with comment that the BOE may not have to in crease interest rates again or maybe only by a smaller amount than expected have depressed the currency. Then again, I think many of us would have been happy with 44 some months ago. 2 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 20, 2023 Share Posted July 20, 2023 Thursday 20th July 2023....21.00 hrs... Soi Buakhao. 1 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 21, 2023 Share Posted July 21, 2023 Friday 21st July 2023....21.00 hrs... Soi Buakhao. 1 1 Link to comment Share on other sites More sharing options...
Krapow Posted July 21, 2023 Share Posted July 21, 2023 A bit less around where I am, but Pratunam is packed with a lot of tourists, so probably why. 1 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 22, 2023 Share Posted July 22, 2023 Saturday 22nd July 2023....21.00 hrs... Soi Buakhao......Should be for the weekend..... 1 1 Link to comment Share on other sites More sharing options...
Blue Streak Posted July 24, 2023 Share Posted July 24, 2023 On the bread run this morning about 09.00...... 1 Link to comment Share on other sites More sharing options...
Krapow Posted July 24, 2023 Share Posted July 24, 2023 (edited) 33 minutes ago, Blue Streak said: On the bread run this morning about 09.00...... Great, 7 day hotel stay to pay in a few hours. Edited July 24, 2023 by Krapow Link to comment Share on other sites More sharing options...
john luke Posted July 24, 2023 Share Posted July 24, 2023 1600 today Jomtien 1 Link to comment Share on other sites More sharing options...
Nightcrawler Posted July 24, 2023 Share Posted July 24, 2023 Starting to look better again @44.05. Link to comment Share on other sites More sharing options...
Krapow Posted July 24, 2023 Share Posted July 24, 2023 43.9 in Krabi just now. Link to comment Share on other sites More sharing options...
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