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Why Isn’t the Thai Baht Weakening?

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16 hours ago, mordothailand said:

most expat retirees are pegged by the strong THB

 

Strong or weak, neither helps me any, as most of my money is already here, in THB.  Monthly living expense comes in from USA, so a 10-20% fluctuation isn't going to mean much.  Up or Down :coffee1:

 

It all balances out over the past 25 years with highs of 45, when I bought in, (first house & car), to the lows 30, short dips under, than back to 38 recently.   

 

Surely it will hit 30, even lower, just as surely it will hit 35 again, and possibly higher.

 

Remember, you did 'your research' before buying that ticket to Thailand  :cheesy:

now that you're here   .....   ENJOY the RIDE   .....  UP or DOWN  .....

 

image.png.74db0e24c994a1c38a11754ad4b03501.png

 

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  • Its always strong at this time of the year due to the millions of tourists needing to buy Thai baht  to spend  on their winter extravaganza (two week millionaires)   

  • I prefer to ask, why isn't your home currency strengthening against the THB ?

  • Well observed. It's not the 3rd world currencies strenghtening against the US Dollar, it's the US Dollar weakening against 3rd world currencies.

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1 hour ago, Rocky Sullivan said:


“every one”?

 

Not me and I’m sure quite a few others.

 

Then clearly you're not exchanging money..... fair enough

3 minutes ago, Chivas said:

 

Then clearly you're not exchanging money..... fair enough


What is your point?

 

I do WISE transfers.

 

My original post remains the same.

1 hour ago, Rocky Sullivan said:


What is your point?

 

I do WISE transfers.

 

My original post remains the same.

 

Whats Wise got to do with it lol

You're still exchanging monies and that involves the Dollar/Baht rate which as I said affects everyone

@Chivas

If I may ask ...

... How long you been living in TH ?

... On non 0 visa for marriage or retirement ?

... Do you use an agent at extension time ?

 

If long - retirement  - no, then can't see having money issues (that's me)

If short - marriage - yes, then that would explain 'crucifying', a bit more.

 

Just noticed, surely your location is not Rochester, or do you split your time in TH.  Actually got me confused now.  If even on a 'non 0' visa/ext.

2 hours ago, Chivas said:

 

Whats Wise got to do with it lol

You're still exchanging monies and that involves the Dollar/Baht rate which as I said affects everyone


You’re the one claiming I’m not exchanging money.

 

I am, through WISE.

There certainly is a heave trade in USD/THB

 

I have real time exchange rates on my screen of USD/THB and EUR/THB, and the USD exchange rate changes every few seconds, while EUR exchange rate changes maybe once in an hour.

Leave Prince William out of this  :coffee1:

Biggest fall in THB for seven months today, largely down to a projected slump in factory output but also attributed to the Central Bank’s deliberations on possible action to quell THB strength. 
 

is the tide turning ?

15 minutes ago, Larkin said:

Biggest fall in THB for seven months today, largely down to a projected slump in factory output but also attributed to the Central Bank’s deliberations on possible action to quell THB strength. 
 

is the tide turning ?

The Thai Baht is also heavily influenced by the gold price, which saw a significant drop today. 

Interesting. I’d never made that connection before. 
 

So down a while 7.5 % since Trump's inauguration   :w00t: 

 

How will we survive   :cheesy:

 

Don't forget that 2.8 % COLA for net decline of 4.7 %  😭

9 minutes ago, Celsius said:

Canadian dollar UP

 

No, you're in CA, so your CAD is still worth the same.   Just don't go to the USA for a holiday, it's expensive for you Canucks.  5 % less since Trump took the helm.

4 minutes ago, KhunLA said:

 

No, you're in CA, so your CAD is still worth the same.   Just don't go to the USA for a holiday, it's expensive for you Canucks.  5 % less since Trump took the helm.

 

Please don't lie

 

 

Screenshot_20251229_093825_Chrome.jpg

1 hour ago, Celsius said:

 

Please don't lie

 

 

Screenshot_20251229_093825_Chrome.jpg

 

Oops, my bad, wrong way.  enjoy your 73 cents on the $1 and ฿23, if ever make it back to TH.

 

Don't we buy enough oil from y'all, as USA buys most of it  :coffee1:

 

image.png.45b9e217930fc20b1510c5a97ea3a49f.png

Wake up to that:

EUR/THB jumps overnight.

From 36.5 to 37.3.

 

What happened?

Checked two sites as I could not believe it.

2 minutes ago, KhunBENQ said:

Wake up to that:

EUR/THB jumps overnight.

From 36.5 to 37.3.

 

What happened?

Checked two sites as I could not believe it.

Yes was a surprise

Screenshot_2025-12-30-04-50-41-462_com.miui.home~2.jpg

Headline only. Subscription article.

Baht falls most since May.

Bubble burst?

 

Screenshot_20251230_045630_Chrome.jpg

USD crashes once again against the THB ... :cheesy:

 

image.png.a39851e1788586b444d8e436887e6c05.png

 

Along with dominating world currencies ... :cheesy:

 

image.png.7d4c51110577b5d7e5a9f04290f66f3e.png

 

 

the-end-is-near-homer-simpson.gif

22 hours ago, Gulfsailor said:

The Thai Baht is also heavily influenced by the gold price, which saw a significant drop today. 

 

Yes indeed, gold dropped yesterday and baht dropped accordingly.

Today gold price increase again and the baht strengthening negates the price increase.

So they are manipulating the baht, to avoid gold get too expensive for the Thai population

On 12/26/2025 at 1:35 PM, Chivas said:

involves the Dollar/Baht rate which as I said affects everyone

Oh no it doesn’t!!

To what are you comparing the THB's value?

Cost of living?

According to official figures its value has been rising much of this year. Cannot be said for all countries.

Against real money (gold)?

Been depreciating a lot. But not as much as many other fiat currencies.

On 12/12/2025 at 1:53 AM, FriendlyHorse said:

The baht is pretty much anchored in and won't budge no matter what happens now. The strength of it is in concert to letting people with large baht incomes have powerful spending power, and the trend seems to be for that to continue indefinately.

Yes, but how do they get this done ? That's the key question. In other countries, the currency strength is the outcome of a very complex formula of financial events and dependencies, where 70% is uncontrollable, and turning the 30% buttons will instantly cause penalties in other areas. So how Thai (elites) have found this single button to determine what their currency should be, just when tourist enter to raise the value, sounds like a holy grail method.

It's not called the Teflon baht for nothing

No matter what happens in Thailand the baht remains strong

Only the expats here get upset when they see the exchange rate on their currencies 😱

On 12/26/2025 at 11:08 AM, KhunLA said:

 

Strong or weak, neither helps me any, as most of my money is already here, in THB.  Monthly living expense comes in from USA, so a 10-20% fluctuation isn't going to mean much.  Up or Down :coffee1:

 

It all balances out over the past 25 years with highs of 45, when I bought in, (first house & car), to the lows 30, short dips under, than back to 38 recently.   

 

Surely it will hit 30, even lower, just as surely it will hit 35 again, and possibly higher.

 

Remember, you did 'your research' before buying that ticket to Thailand  :cheesy:

now that you're here   .....   ENJOY the RIDE   .....  UP or DOWN  .....

 

image.png.74db0e24c994a1c38a11754ad4b03501.png

 

hey, my first two years in Thailand, 1968-70 it was 20 baht to to the dollar

On 12/11/2025 at 8:04 AM, JimHuaHin said:

Because the super rich Thais are moving money overseas to invest overseas before Thailand collapses, thus they "encourage" the "controllers" of the Baht to keep it strong.  Added to this are all the large foreign criminal organisations in Thailand wishing to repatriate the "clean" Thai Baht to "safe" overseas locations.

Nothing new about this. Powerful Thais have always maintained the Baht at a high level in order to subsidize their overseas investments.

4 minutes ago, shackleton said:

It's not called the Teflon baht for nothing

No matter what happens in Thailand the baht remains strong

Only the expats here get upset when they see the exchange rate on their currencies 😱

And rightly so........🤫

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