Toy Boy Posted October 7, 2023 Share Posted October 7, 2023 When I get back to Pattaya next week I'll be taking delivery of a new car the following Tuesday (well, that was the plan when I left, lol). I transferred the final tranche of funds this afternoon, £8,000, and although I'd hoped to get 45.00 Baht net of the TW charges, my eight grand actually got me 359,468.77 Baht, which is 44.93 net. Oh well, it's a lot better than four or five years ago when we were getting 37 Baht for a quid. 4 1 Link to comment Share on other sites More sharing options...
Phantom51red Posted October 7, 2023 Share Posted October 7, 2023 10 hours ago, Toy Boy said: When I get back to Pattaya next week I'll be taking delivery of a new car the following Tuesday (well, that was the plan when I left, lol). I transferred the final tranche of funds this afternoon, £8,000, and although I'd hoped to get 45.00 Baht net of the TW charges, my eight grand actually got me 359,468.77 Baht, which is 44.93 net. Oh well, it's a lot better than four or five years ago when we were getting 37 Baht for a quid. That was bleak the 37 bht,but I learned how to say no in the gogo and bars even under pressurised circumstances 😅,hope to never see the likes again. 2 1 1 Link to comment Share on other sites More sharing options...
boydeste Posted October 8, 2023 Share Posted October 8, 2023 3 minutes ago, Phantom51red said: That was bleak the 37 bht,but I learned how to say no in the gogo and bars even under pressurised circumstances 😅,hope to never see the likes again. Yup and it taught me not to be greedy waiting on a higher exchange. 45 is great in the grand scheme of things. It should keep edging up, but historically they have stepped in and brought it back down again. Hopefully they will let it creep a tad higher this time before bringing it back down. Send, send send is my advice right now. 3 Link to comment Share on other sites More sharing options...
john luke Posted October 30, 2023 Share Posted October 30, 2023 1 Link to comment Share on other sites More sharing options...
Derek Dangleberries Posted October 30, 2023 Share Posted October 30, 2023 On 10/8/2023 at 6:55 AM, Phantom51red said: That was bleak the 37 bht,but I learned how to say no in the gogo and bars even under pressurised circumstances 😅,hope to never see the likes again. Shit yeh.. I was just living off my Army pension then but you just change your priorities. In fact it could have gotten even lower and I'd still been able to have a full belly of food and wine every day !! 4 1 Link to comment Share on other sites More sharing options...
Derek Dangleberries Posted October 30, 2023 Share Posted October 30, 2023 1 hour ago, john luke said: Are you watching this @Stillearly ... This is all your fault !! When you flying back ??? Link to comment Share on other sites More sharing options...
boydeste Posted October 30, 2023 Share Posted October 30, 2023 On 10/8/2023 at 1:01 AM, boydeste said: Yup and it taught me not to be greedy waiting on a higher exchange. 45 is great in the grand scheme of things. It should keep edging up, but historically they have stepped in and brought it back down again. Hopefully they will let it creep a tad higher this time before bringing it back down. Send, send send is my advice right now. Looks like they have adjusted it back down again to where they want it. 1 1 Link to comment Share on other sites More sharing options...
Stillearly Posted October 30, 2023 Share Posted October 30, 2023 54 minutes ago, Derek Dangleberries said: Are you watching this @Stillearly ... This is all your fault !! When you flying back ??? 5555 December... 1 Link to comment Share on other sites More sharing options...
Stillearly Posted October 30, 2023 Share Posted October 30, 2023 BOE meets on Thursday, market expecting no change again , but be interesting to see what statement they make ... could move things ...⬆️⬇️🤷♂️ 1 2 Link to comment Share on other sites More sharing options...
john luke Posted November 1, 2023 Share Posted November 1, 2023 Link to comment Share on other sites More sharing options...
Stillearly Posted November 2, 2023 Share Posted November 2, 2023 Base rates unchanged, but vote 6-3 ... three members wanted to raise further 1 1 Link to comment Share on other sites More sharing options...
Stillearly Posted November 2, 2023 Share Posted November 2, 2023 "the Bank has decided to make crystal clear that current levels of interest rates are here for an “extended period” of time. There is some concern that the public will expect rates to fall alongside inflation numbers. " Hopefully exchange rates should go up ... 2 2 Link to comment Share on other sites More sharing options...
Butch Posted November 2, 2023 Share Posted November 2, 2023 3 hours ago, Stillearly said: "the Bank has decided to make crystal clear that current levels of interest rates are here for an “extended period” of time. There is some concern that the public will expect rates to fall alongside inflation numbers. " Hopefully exchange rates should go up ... Wise decision IMO, rather than hit everyone with a further rate rise just in time for Xmas, which will have a further negative effect on high street spending, as long as giving people (joe public)time to assimilate the recent increased and balance the books as much as they can, I guess. Food prices are declining very slowly, but they're now counterbalanced by increasing fuel costs and Oil increases. On the plus side, it should strengthen the Sterling somewhat, plus those with savings are now seeing an income from them. 5% is not uncommon from an ISA these days, if you're prepared to lock in. 1 1 Link to comment Share on other sites More sharing options...
Horizondave Posted November 14, 2023 Share Posted November 14, 2023 Just noticed the £ is up 1.55% against the $ presently. Pound is 44.39 on Wise so has gained a little bit. Let's hope it gains a bit more. 3 2 2 Link to comment Share on other sites More sharing options...
Derek Dangleberries Posted November 17, 2023 Share Posted November 17, 2023 On 11/14/2023 at 10:34 PM, Horizondave said: Just noticed the £ is up 1.55% against the $ presently. Pound is 44.39 on Wise so has gained a little bit. Let's hope it gains a bit more. What the hell happened over night ?? XE is showing 43.6 at the moment down from 44.4 last night !!! 1 Link to comment Share on other sites More sharing options...
Horizondave Posted November 17, 2023 Share Posted November 17, 2023 6 hours ago, Derek Dangleberries said: What the hell happened over night ?? XE is showing 43.6 at the moment down from 44.4 last night !!! Been some bad data in the UK on retail sales and now it has reversed the rise. Above 43 I am happy, I remember a time when we were happy for it to get above 40, I also remember a time when some were predicting a dive to the low 30s. Of course it would be nice to get back up to the pre Brexit levels of over 50 but I think that door is now closed. 3 2 Link to comment Share on other sites More sharing options...
Phantom51red Posted November 17, 2023 Share Posted November 17, 2023 Got 43.64 on wise just now. 1 Link to comment Share on other sites More sharing options...
Stillearly Posted November 17, 2023 Share Posted November 17, 2023 2 hours ago, Horizondave said: Been some bad data in the UK on retail sales and now it has reversed the rise. Decreased chance of another rate rise also 2 Link to comment Share on other sites More sharing options...
john luke Posted November 20, 2023 Share Posted November 20, 2023 1 1 Link to comment Share on other sites More sharing options...
Stillearly Posted November 21, 2023 Share Posted November 21, 2023 Hawkish comments from Bailey and Mann should push the pound up 📈 Link to comment Share on other sites More sharing options...
Stillearly Posted November 21, 2023 Share Posted November 21, 2023 ^ although Chancellors Autumn Statement tomorrow... could be giveaway tax cuts ... will see what markets make of it 🤷♂️ ⬆️⬇️ can't be as bad as Truss / Kwarteng last year 🙏 1 Link to comment Share on other sites More sharing options...
Stillearly Posted November 21, 2023 Share Posted November 21, 2023 Just topped up my Bangkok Bank acc with Wise , just in case .. 44.12 1 1 Link to comment Share on other sites More sharing options...
Stillearly Posted November 21, 2023 Share Posted November 21, 2023 Wise is taking longer to process my payments these days , app says THB will be paid out tomorrow at 10:00 🤷♂️ last year they were completed in seconds Link to comment Share on other sites More sharing options...
Phantom51red Posted November 21, 2023 Share Posted November 21, 2023 16 minutes ago, Stillearly said: Wise is taking longer to process my payments these days , app says THB will be paid out tomorrow at 10:00 🤷♂️ last year they were completed in seconds I've done a few transfer the past few months,same quickness as usual,might be your bank? Link to comment Share on other sites More sharing options...
Stillearly Posted November 21, 2023 Share Posted November 21, 2023 1 minute ago, Phantom51red said: I've done a few transfer the past few months,same quickness as usual,might be your bank? I paid by debit card , started the process at 18:12 , Wise confirmed they had the funds at 18:14 .. now says money is being processed.. and tomorrow at 10:00 they will pay the THB and my Bank will receive at 13:13 ... 🤷♂️ this has happened the last couple of times Link to comment Share on other sites More sharing options...
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