Will Be Back To Bkk In June Should I Change Usd To Thb Now?

[alleypanda]

Hello hello,

If anyone have a kind word to me please read on. I suppose to be in BKK from June to Sept. I would need somewhat 10,000 for living expense. The question is should I transfer the money now or later? I think this week should still be around 34 THB for 1 Usd or it would be better if I wait until June ? another option is I can transfer money for 3 months renting first the rest I get them change once I am in the country? The Baht swing so much, scared me.

Thanks for your advice.

Edited March 25, 2007 by alleypanda

[PhilHarries]

I think if anyone could predict any currency to that extent they would be very rich.

Why not hedge your bets and transfer half now and half in June?

[topfield]

The baht higher in June or lower against the dollar than it is now ? Toss a coin !

Honestly...you have a fifty percent chance of getting it right !

[backflip]

No, he does not. Just because he has the choice of two things it doesn't mean that those two things have an equal chance of happening.

[swain]

No, he does not. Just because he has the choice of two things it doesn't mean that those two things have an equal chance of happening.

From what I have read it appears that a correction is coming but I think later in the year. If anything I think the baht will be stronger in the short run. This comes from the gut and is at best an educated guess.