Baht Poised for Dip to 35 per USD by Mid-2025, Experts Predict

[J Branche]

5 hours ago, jayceenik said:

A few months ago the Euro was at THB 39+. I wanted to bring in my FCD Euros but wife said wait for 40...

Just cost average into it then.  Bring some in at 39+ and more in if it hits 40.  The problem with people thinking I will wait until it hits some nice even number like 40 is the currency market doesn't fluctuate between nice even numbers generally 

[arick]

Dip it is already 33 to the USD 

[Caldera]

8 hours ago, webfact said:

The Thai baht is predicted to weaken to around 35 per US dollar by mid-2025

 

I wouldn't mind. 

[black tabby12345]

9 hours ago, BayArea said:

WHOOPIE!!! Wake me up when is around 40 and upwards!

 

If you are keen FX rate watcher, better check out the following site frequently.

 

USD THB | US Dollar Thai Baht - Investing.com

 

[WDSmart]

Well, that's bad news for Thailand but good news for me (US citizen). However, when I came here over 20 years ago, the exchange rate was in the high 40s. 

[Jonathan Swift]

8 hours ago, Harrisfan said:

You don't realise that most writers have no idea?

Be careful. Asean moderators can’t take critcism. You’ll get spanked

[Jonathan Swift]

They have no grounds to complain. It just means tourists and expats will spend more money. It was up to 38 a year and a half ago, and the world didn’t end

[khaowong1]

13 hours ago, BayArea said:

WHOOPIE!!! Wake me up when is around 40 and upwards!

I believe when I came to Thailand in 2006, it was 41 baht to the dollar.. great days. 

[trainman34014]

Seen it all said a hundred times but the Teflon Baht will hover around where it is, probably through manipulation.

[ThailandRyan]

10 hours ago, CM Dad said:

Good, then I can buy a boat and go sailing in the Gulf of Mexico.

You mean the Gulf of America, at least that's what Google maps show.

[riverhigh]

Thailand being heavily reliant on tourism and exports would, for the most part, prefer a devalued Thai Baht. Tourism up, exports up, I think there is a good chance of the Thai baht staying in current range or even appreciating. I wouldn't raise one's hopes of  the Thai baht deprecaiting against your home currency. Unlike Thaialnd many Western countries have massive debt and current account balance deficits