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Thai Baht (THB) - Depreciation ahead ?

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On 1/17/2022 at 5:24 AM, DrJack54 said:

And therein demonstrates why I live in a place opposite to what your describing.

You would be my neighbor from hell.

 

Fortunately you would not be permitted to do any of that in the condo building where I live.

Your "friends" would not be allowed in. 

 

If your music troubled me I would report and problem solved.

Some places have rooms owned by folk that sub rent them (often Airbnb or similar). Often causes problems.

Not possible where I live. No private ownership. 

 

 

On 5/2/2022 at 2:17 AM, RichardColeman said:

Should read some of the daftest pensioners who cannot be bothered to go back to the UK to reset their pension to current amounts

 

On 6/2/2022 at 4:44 PM, Chivas said:

Yet another that simply cannot grasp there are two currency pairings making up the bottom line number crunch

There is no "direct" exchange rate between Sterling/Baht

Only the USD as the worlds reserve currency has that privilege against every other fiat currency

 

Start of 2005

Sterling/Dollar was $1.87

Today its $1.25

Therein lays a huge part of your 74 back then and 43 today......

 

Well said Chivas.  In addition, the UK has a huge welfare state to finance which Thailand does not.  Also the Thai debt to GDP is at a manageable 50%.   Whereas the UK debt to GDP is 85% - which is getting close to the point where paying down the debt becomes very difficult.   

Edited by Adelphi
typo

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Most Popular Posts

  • crazykopite
    crazykopite

    When I arrived in Thailand in 2005 the Thai baht to the £ was 74 I felt like a millionaire today it’s 43 I feel like a pauper I’ve always believed that the baht is manipulated and nothing will change

  • The US dollar has been strengthening . Nothing to do with the Thai baht depreciating .

  • Henryford
    Henryford

    I haven't noticed much baht depreciation, the Pound, Euro and Aussie dollar are all down over the past 3 months.

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1 EUR = 37.39 THB

Let's go baby !!!

 

lol.png.12f748436de8a45f1ab8310cf0ab63ec.png

 

 

6 hours ago, Baron Samedi said:

1 EUR = 37.39 THB

Let's go baby !!!

 

lol.png.12f748436de8a45f1ab8310cf0ab63ec.png

 

 

am with you, Euros and USD both good for me  555

19 hours ago, Mavideol said:

am with you, Euros and USD both good for me  555

Yes! Yes! I want to bring some of my Monopoly Euro here...

But wife says: Wait! Wait! When Euro @ 38 you make transfer.

 

Slow and steady upward climb, looks like when it hits 36 I will move a shed load over

image.png.3ecd5d5f4fe1439eb2b1fa0012478f94.png

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