How Much Lower Can The Us Dollar Go?

[Naam]

anyone have a link to a good free usd/thb currency chart that goes back several years minimum?

i can find all of the major pairs through other sources i already have but this pair is a minor one at best....

any help appreciated, i get paid in baht so i really want to chart this pair

not a chart but absolute figures (monthly average and the last 15 months showing offshore rate) but still quite ok as an overview:

MMM YYYY THB/USD

Jan 1993 25.517

Feb 1993 25.505

Mar 1993 25.421

Apr 1993 25.248

May 1993 25.231

Jun 1993 25.208

Jul 1993 25.329

Aug 1993 25.187

Sep 1993 25.189

Oct 1993 25.266

Nov 1993 25.377

Dec 1993 25.455

Jan 1994 25.541

Feb 1994 25.378

Mar 1994 25.322

Apr 1994 25.264

May 1994 25.209

Jun 1994 25.140

Jul 1994 24.972

Aug 1994 25.016

Sep 1994 24.963

Oct 1994 24.996

Nov 1994 24.987

Dec 1994 25.104

Jan 1995 25.128

Feb 1995 25.015

Mar 1995 24.754

Apr 1995 24.560

May 1995 24.659

Jun 1995 24.666

Jul 1995 24.749

Aug 1995 24.957

Sep 1995 25.125

Oct 1995 25.109

Nov 1995 25.160

Dec 1995 25.160

Jan 1996 25.294

Feb 1996 25.245

Mar 1996 25.246

Apr 1996 25.287

May 1996 25.310

Jun 1996 25.364

Jul 1996 25.370

Aug 1996 25.287

Sep 1996 25.399

Oct 1996 25.471

Nov 1996 25.449

Dec 1996 25.568

Jan 1997 25.714

Feb 1997 25.944

Mar 1997 25.934

Apr 1997 26.074

May 1997 25.724

Jun 1997 24.318

Jul 1997 30.087

Aug 1997 32.259

Sep 1997 35.083

Oct 1997 37.254

Nov 1997 38.888

Dec 1997 43.891

Jan 1998 52.551

Feb 1998 45.722

Mar 1998 41.053

Apr 1998 39.467

May 1998 39.000

Jun 1998 42.160

Jul 1998 41.115

Aug 1998 41.620

Sep 1998 40.266

Oct 1998 38.033

Nov 1998 36.434

Dec 1998 36.199

Jan 1999 36.577

Feb 1999 37.071

Mar 1999 37.484

Apr 1999 37.608

May 1999 36.992

Jun 1999 36.907

Jul 1999 37.109

Aug 1999 38.063

Sep 1999 40.022

Oct 1999 39.376

Nov 1999 38.729

Dec 1999 38.248

Jan 2000 37.373

Feb 2000 37.760

Mar 2000 37.906

Apr 2000 37.976

May 2000 38.933

Jun 2000 39.069

Jul 2000 40.300

Aug 2000 40.856

Sep 2000 41.974

Oct 2000 43.320

Nov 2000 43.771

Dec 2000 43.270

Jan 2001 43.140

Feb 2001 42.643

Mar 2001 43.968

Apr 2001 45.476

May 2001 45.509

Jun 2001 45.247

Jul 2001 45.630

Aug 2001 44.865

Sep 2001 44.342

Oct 2001 44.729

Nov 2001 44.389

Dec 2001 43.926

Jan 2002 44.013

Feb 2002 43.827

Mar 2002 43.387

Apr 2002 43.421

May 2002 42.810

Jun 2002 42.139

Jul 2002 41.240

Aug 2002 42.170

Sep 2002 42.876

Oct 2002 43.624

Nov 2002 43.334

Dec 2002 43.305

Jan 2003 42.758

Feb 2003 42.896

Mar 2003 42.763

Apr 2003 42.916

May 2003 42.191

Jun 2003 41.655

Jul 2003 41.775

Aug 2003 41.622

Sep 2003 40.459

Oct 2003 39.741

Nov 2003 39.914

Dec 2003 39.731

Jan 2004 39.103

Feb 2004 39.082

Mar 2004 39.442

Apr 2004 39.442

May 2004 40.534

Jun 2004 40.801

Jul 2004 40.944

Aug 2004 41.483

Sep 2004 41.452

Oct 2004 41.291

Nov 2004 40.271

Dec 2004 39.235

Jan 2005 38.728

Feb 2005 38.464

Mar 2005 38.592

Apr 2005 39.526

May 2005 39.829

Jun 2005 40.929

Jul 2005 41.718

Aug 2005 41.130

Sep 2005 41.055

Oct 2005 40.914

Nov 2005 41.124

Dec 2005 41.108

Jan 2006 39.540

Feb 2006 39.378

Mar 2006 38.963

Apr 2006 37.967

May 2006 37.960

Jun 2006 38.375

Jul 2006 37.980

Aug 2006 37.606

Sep 2006 37.444

Oct 2006 37.298

Nov 2006 36.518

Dec 2006 35.743

Jan 2007 35.302

Feb 2007 33.972

Mar 2007 32.785

Apr 2007 32.526

May 2007 32.968

Jun 2007 32.406

Jul 2007 30.437

Aug 2007 31.942

Sep 2007 32.103

Oct 2007 31.587

Nov 2007 31.407

Dec 2007 30.324

Jan 2008 30.445

Feb 2008 31.536

[sayitaintso]

.

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Feb 2008 31.536

wow, thanks.

the u.s. dollar must still be pretty might in that every single other currency in the world reacts to the dollar and not the other way around. there are other options for american expats, unless of course you are the kind of person that just likes to complain. loads of people can't make it through the day without complaining about the price of oil but did they ever buy a single share of stock in an oil company and make the inevitable profit when the price went up? no, they just sit around and complain. even today, oil prices will still go up and oil profits will go up and there are still the complainers.

agree with Heng, it'll be fine for those who are prepared for it.

[Naam]

the u.s. dollar must still be pretty might in that every single other currency in the world reacts to the dollar and not the other way

that's a matter of perspective. one might also say the dollar reacts to (nearly) every single currency and not the other way round .

around. there are other options for american expats...

unfortunately there are no options whatsover for the chaps who have no savings, receiving their income in us-dollars and spend their money as it arrives.

[sayitaintso]

the u.s. dollar must still be pretty might in that every single other currency in the world reacts to the dollar and not the other way

that's a matter of perspective. one might also say the dollar reacts to (nearly) every single currency and not the other way round .

around. there are other options for american expats...

unfortunately there are no options whatsover for the chaps who have no savings, receiving their income in us-dollars and spend their money as it arrives.

while i understand the premise, in actual fact, every other currency in the world reacts to the u.s. dollar. it's not an issue of bias but rather one of circulation. the u.s. dollar is the go-to, or default, currency. even the now seemingly mighty euro was established to be the anti-dollar, since there weren't any other legitimate currencies available to go short dollar. short of a catastrophic collapse of the u.s., i believe the dollar will be stronger than ever in another 3-4 years. i get paid in baht here so i'm looking for opportunities to go long dollar.

in response to your second point, i agree completely, if you have no savings and rely entirely on social security then you ran out of options long before you came to thailand, and long before the u.s. dollar started to decline. however, it's never too late to start investing some of those now devalued dollars into say a mutual fund, and earn back some of your dollar exchange losses every month.

[Spee]

My guess would be 30 by the end of May and 28 by the end of the year...

According to some sources, it's been below 30 already this year.

http://www.exchangerate.com/past_rates.htm...p;action=Submit

As others suggest, I agree that it will continue to fluctuate quite a bit between 25-40 in the coming months and years. Scout's motto: "be prepared."

For the typical America and Bush-bashers (yes, you know who you are and so does everyone else), it might interest you to know that the British Pound is also in the tank against the baht, as is the Japanese Yen. (Even the Euro is down about 10-12% from highs of a few years ago.)

So what does that mean? As usual politics and public opinion have very little to do with it, and the multitude of economic factors have almost everything to do with it.

[Jingthing]

For the typical America and Bush-bashers (yes, you know who you are and so does everyone else), it might interest you to know that the British Pound is also in the tank against the baht, as is the Japanese Yen. (Even the Euro is down about 10-12% from highs of a few years ago.)

The vast majority of Americans are Bush bashers now and with good reason. He is indeed the worse president in our history, and almost anyone would be a vast improvement. And it is a documented fact that Bush has carried out a WEAK DOLLAR policy.

[Spee]

Luckily I built the house when it was still 40+ Baht to the USD, now the costs of materials has rocketed and the USD has slumped, that's life I guess.

Same same me!

[Spee]

And it is a documented fact that Bush has carried out a WEAK DOLLAR policy.

And .... so what?

What point are you trying to make .... that Bush should be hated because he's intentionally keeping the dollar low to screw all American expats living in LoS?

What about similar situations with the pound, the yen and to a lesser degree the Euro? Who do you want to bash there?

What about the possibility that goods and services in Thailand are simply just getting more expensive?

[Maigo6]

Luckily I built the house when it was still 40+ Baht to the USD, now the costs of materials has rocketed and the USD has slumped, that's life I guess.

Same same me!

Spee, good for you, costs have gone up by monstrous ammounts.

Edited February 25, 2008 by Maigo6

[Jingthing]

And it is a documented fact that Bush has carried out a WEAK DOLLAR policy.

And .... so what?

What point are you trying to make .... that Bush should be hated because he's intentionally keeping the dollar low to screw all American expats living in LoS?

What about similar situations with the pound, the yen and to a lesser degree the Euro? Who do you want to bash there?

What about the possibility that goods and services in Thailand are simply just getting more expensive?

The dollar is different. It has been the world reserve currency. Under Bush, that is changing, and has huge global implications.

No, politically, expats mean nothing in US politics, of course. Bush used to weak dollar policy to hide his historically massive federal deficits, turning the US into a debtor nation, at the mercy of slave labor China. You could write several books on reasons to despise Bush. He should be in jail for all the damage he has done to our country.

[realmadrid25]

The US government wants a weak dollar.

The Thai government wishes the Baht was weaker.

Therefore its funny to hear the anti-Americans anti-Bush rhetoric of "America is finally falling!!!"

[realmadrid25]

if you guys are so certain its headed to 25, how much have you bought up these last few months? or do you lack the confidence to put your money where your mouth is?

as for american expats - go home please.

[Naam]

the u.s. dollar must still be pretty might in that every single other currency in the world reacts to the dollar and not the other way

that's a matter of perspective. one might also say the dollar reacts to (nearly) every single currency and not the other way round .

around. there are other options for american expats...

unfortunately there are no options whatsover for the chaps who have no savings, receiving their income in us-dollars and spend their money as it arrives.

while i understand the premise, in actual fact, every other currency in the world reacts to the u.s. dollar.

the dollar acts (by going down). the fact that other currencies have therefore a higher value per unit vs. the dollar canNOT be called a reaction. is it really that difficult to understand?

[Naam]

if you guys are so certain its headed to 25, how much have you bought up these last few months? or do you lack the confidence to put your money where your mouth is?

i don't think anybody is certain what the future is for THB/USD especially when looking at the Baht's strength of the last 2 years. those who had the means to convert their USD -not necessarily into Baht- but into €UR or hedging their USD exposure against €UR, GBP or various other currencies and did not do it have been out of touch with the markets for the last FIVE years. another possibility is that they did not care because their expenses were and are still in USD. notwithstanding this fact they have lost the opportunity to make a bundle.

the signs were clear. printing money and accumulating debt to finance the adventures in Afghanistan, Iraq as well as the billions spent for "homeland security" has made a negative impact on the currency. it's not 1991 when the "coalition of the willing" was footing not only the full bill or "Gulf War I" but a nice profit for the U.S. was the result. the present "coalition of the willing" did not pay a single penny to cover any cost incurred by the United States as most tricks work only once

[sayitaintso]

the dollar acts (by going down). the fact that other currencies have therefore a higher value per unit vs. the dollar canNOT be called a reaction. is it really that difficult to understand?

at first i thought you were joking, but after you just contradicted your own argument with this jewel i have to say that you are either being intentionally obtuse or just argumentative.

if the dollar acts by going down (or up for that matter), how can any other currency have a higher or lower value without reacting to the dollar. is it really that difficult to understand???

do you think every other currency in the world changes pip for pip with the fluctuations in the dollar? the currency changes because people find value (or lack of value) in all currencies BASED UPON the value or lack of value they find in the u.s. dollar. different currency pair , different value. the fact remains that all currency pair values are judged on the current value a trader finds in the u.s. dollar.

[LoveDaBlues]

anyone have a link to a good free usd/thb currency chart that goes back several years minimum?

i can find all of the major pairs through other sources i already have but this pair is a minor one at best....

any help appreciated, i get paid in baht so i really want to chart this pair

http://www.oanda.com/convert/fxhistory

[LoveDaBlues]

if you guys are so certain its headed to 25, how much have you bought up these last few months? or do you lack the confidence to put your money where your mouth is?

as for american expats - go home please.

I am an American. I am home.

In Thailand of course.

What a rude <deleted>.

[Naam]

the dollar acts (by going down). the fact that other currencies have therefore a higher value per unit vs. the dollar canNOT be called a reaction. is it really that difficult to understand?

at first i thought you were joking, but after you just contradicted your own argument with this jewel i have to say that you are either being intentionally obtuse or just argumentative.

believe what you want and be happy. i have no intention to discuss a van Gogh painting with a blind person

[Zpete]

When the $US rises, imagine the price of oil.

Cars would have to be left at home........... great !!!

Lucky many are using the Euro as oil paynents

[Jingthing]

as for american expats - go home please.

Are we bothering you?

Hmmm.

What can we do to bother you more?

[Zpete]

as for american expats - go home please.

Are we bothering you?

Hmmm.

What can we do to bother you more?

If you get ant-american attitude from people in S.E.A, go read.........

"Ugly American" - 1958 book by William Lederer and Eugene Burdick

[realmadrid25]

u aren't bothering me but its not your god given right to stay in Thailand. either spend less or go home. endless complaining about the dollar does not change things, although i know that belly aching is what you were born to do jingthing. you must be a hit at the old ladies home!

[LoveDaBlues]

as for american expats - go home please.

Are we bothering you?

Hmmm.

What can we do to bother you more?

Apparantly bitch about the weak USD.

<deleted> weak Dollar!

<deleted> weak Dollar!

<deleted> weak Dollar!

<deleted> weak Dollar!

<deleted> weak Dollar!

<deleted> weak Dollar!

<deleted> weak Dollar!

There now; feeling crabby?

[BigSnake]

Friend, I have no ideal, but I for one hope it doesn't get much worse

[Heng]

u aren't bothering me but its not your god given right to stay in Thailand

That pretty much sums up our whole immigration policy here.

[PeaceBlondie]

May I make two observations?

A. The only hand that is guiding the dollar/baht ratio does not belong to George Bush, George Soros, Mr. Bernacke, or Dr. Tarisa. It is the invisible hand of the marketplace.

B. Most currency exchange is speculation, especially when we do it.

[Jingthing]

u aren't bothering me but its not your god given right to stay in Thailand. either spend less or go home. endless complaining about the dollar does not change things, although i know that belly aching is what you were born to do jingthing. you must be a hit at the old ladies home!

Excuse me, but check the thread. Not one bellyache about the weak dollar from me. Just alot of Bush bashing. Not the same thing.

BTW, I personally saw the weak dollar coming years ago and took all the measures I could to hedge against it. So far, so good. Unlike your arrogant tone (are you one of those famously arrogant Americans after all?) I have the deepest sympathies for those forced back to the US by the weak dollar.

Edited February 25, 2008 by Jingthing

[britmaveric]

38-40 by Summer

[LoveDaBlues]

38-40 by Summer

wake up.....yer dreamin!

[Pepe']

anyone have a link to a good free usd/thb currency chart that goes back several years minimum?

i can find all of the major pairs through other sources i already have but this pair is a minor one at best....

any help appreciated, i get paid in baht so i really want to chart this pair

----------------------

How about 57:1 in 1997?

Now that was party time