Peregrine Posted April 26, 2008 Share Posted April 26, 2008 Just to kick it around for some fun, what do you think the exchange rate between USD and Baht will look like a year or two down the road. Link to comment Share on other sites More sharing options...
YoungFarang13 Posted April 26, 2008 Share Posted April 26, 2008 interest rates up - dollar up interest rates down - dollar down tis most of the ballgame. Link to comment Share on other sites More sharing options...
TEFLMike Posted April 26, 2008 Share Posted April 26, 2008 45 baht to the £ Link to comment Share on other sites More sharing options...
jumnien Posted April 26, 2008 Share Posted April 26, 2008 36 baht/dollar Link to comment Share on other sites More sharing options...
Neeranam Posted April 26, 2008 Share Posted April 26, 2008 22/dollar Link to comment Share on other sites More sharing options...
YoungFarang13 Posted April 26, 2008 Share Posted April 26, 2008 i think 35-37 in a year or so after the dems win the election. Link to comment Share on other sites More sharing options...
Thai at Heart Posted April 26, 2008 Share Posted April 26, 2008 i think 35-37 in a year or so after the dems win the election. US election will make or break it. But will need longer than that for the USD to start strengthening. 30 to 33 for the medium term. Link to comment Share on other sites More sharing options...
libya 115 Posted April 26, 2008 Share Posted April 26, 2008 Predictions December 31st 2008: GBP= 82.5 December 31st 2008: $US= 34.5 **************************** December 31st 2009: GBP= 108 December 31st 2009: $US= 36 **************************** Link to comment Share on other sites More sharing options...
Peregrine Posted April 26, 2008 Author Share Posted April 26, 2008 i think 35-37 in a year or so after the dems win the election. I think you are right, will be beginning of the end, of 12 Billion a month war. Link to comment Share on other sites More sharing options...
joskydive Posted April 27, 2008 Share Posted April 27, 2008 Predictions December 31st 2008: GBP= 82.5 December 31st 2008: $US= 34.5 **************************** December 31st 2009: GBP= 108 December 31st 2009: $US= 36 **************************** I wish!!!!!!!! Link to comment Share on other sites More sharing options...
Ricardo Posted April 27, 2008 Share Posted April 27, 2008 Predictions December 31st 2008: GBP= 82.5 December 31st 2008: $US= 34.5 **************************** December 31st 2009: GBP= 108 December 31st 2009: $US= 36 **************************** Not that I'm complaining, as I'd love to see rates like this, but just what dramatic Thai disaster or change do you forsee, to result in the Baht weakening by this much ? The coup, and subsequent return of democracy under Samak, had very little effect, the strong price of rice means a strengthening Baht if anything. The high price of oil-imports is already in today's numbers. Perhaps a collapse in tourism & exports ? Link to comment Share on other sites More sharing options...
libya 115 Posted April 27, 2008 Share Posted April 27, 2008 Predictions December 31st 2008: GBP= 82.5 December 31st 2008: $US= 34.5 **************************** December 31st 2009: GBP= 108 December 31st 2009: $US= 36 **************************** Not that I'm complaining, as I'd love to see rates like this, but just what dramatic Thai disaster or change do you forsee, to result in the Baht weakening by this much ? The coup, and subsequent return of democracy under Samak, had very little effect, the strong price of rice means a strengthening Baht if anything. The high price of oil-imports is already in today's numbers. Perhaps a collapse in tourism & exports ? If you look at my predictions; there is not such a dramatic change in the Baht=US$ rate, but my whole prediction suggests a dramatic US$-GBP change over the next two years. I predict $US=2.40 GBP 31st December 2008 falling to 3.00 GBP by 31st December 2009. Don't forget just a few months ago GBP was 2.12 intra-day. I am confident that by year end it will be around 2.40 Link to comment Share on other sites More sharing options...
Ricardo Posted April 27, 2008 Share Posted April 27, 2008 If you look at my predictions; there is not such a dramatic change in the Baht=US$ rate, but my whole prediction suggests a dramatic US$-GBP change over the next two years.I predict $US=2.40 GBP 31st December 2008 falling to 3.00 GBP by 31st December 2009. Don't forget just a few months ago GBP was 2.12 intra-day. I am confident that by year end it will be around 2.40 I think you may got got your $US & GBP accidentally reversed, there, but thanks for the clarification. That's quite a fall in the $US, given that Sterling interest-rates still have some considerable room to fall, while US rates must surely now be much closer to the bottom ? I'm not that bullish for Sterling, or the UK-economy under current management, myself. Link to comment Share on other sites More sharing options...
worldfun Posted April 27, 2008 Share Posted April 27, 2008 2008-2010: usd~28-32 eur~50 gbp~60 Link to comment Share on other sites More sharing options...
tingtong Posted April 27, 2008 Share Posted April 27, 2008 2009: $=34 Euro=46 guess, US sometimes reverse interest policy around early next year. Link to comment Share on other sites More sharing options...
britmaveric Posted April 27, 2008 Share Posted April 27, 2008 42bht by 2009 Link to comment Share on other sites More sharing options...
PeaceBlondie Posted April 28, 2008 Share Posted April 28, 2008 Glad to see that almost all the forecasts so far are for an increase in dollar value. This ratio has little to do with the inherent value of the Thai economy, much more to do with the perceived weakness of the American economy, especially by currency speculators. Getting out of Iraq would help, and both Obama and Clinton would do that, but it would take longer than a year from now. Please excuse my pedantry about the unneeded apostrophe. When in doubt, throw out apostrophes. Link to comment Share on other sites More sharing options...
Naam Posted April 28, 2008 Share Posted April 28, 2008 Just to kick it around for some fun, what do you think the exchange rate between USD and Baht will look like a year or two down the road. the dog has again hidden my crystal ball Link to comment Share on other sites More sharing options...
RubbaJohnny Posted April 28, 2008 Share Posted April 28, 2008 No Iran war $29 U kpound 58 Iran war $26 pound 54 Link to comment Share on other sites More sharing options...
JimsKnight Posted April 28, 2008 Share Posted April 28, 2008 End 2008 - Back up to 67 to pound & 36 to $ End 2009 - ??????????????? Link to comment Share on other sites More sharing options...
ray23 Posted April 28, 2008 Share Posted April 28, 2008 Well it would seem to the only tow things that can change the baht exchange rate, would be the dollar going up. Or anothere cahnges of management here. The Pound not a clue they seem to be having thier own problems these days End of this year 34 if we are lucky. Truth is I don't think even the experts could give an educated guess these days. So many things changing day to day. How much did the Chinese marke lose last week? That is one of the biggies to carry the world through this mess. I hink it will still grow, but not a the levels we have seen. Inflation seems to be rampant all over Asia thse days. World screaming for rice, but not at Thai prices. People are buying from the worlds third largest producer Vietnam, prices are better. I guess the only time this can really be answered is at the end of the year. Link to comment Share on other sites More sharing options...
chiang mai Posted April 30, 2008 Share Posted April 30, 2008 One of the zillions of "experts" on this subject, Royal Bank of Scotland predicts: Q4 2008 USD/GBP = 1.99 Q4 2009 USD/GBP = 1.89 Given the today view, I cannot disagree that their numbers are probably of the right magnitude. Link to comment Share on other sites More sharing options...
Peregrine Posted May 2, 2008 Author Share Posted May 2, 2008 No more rate cut's by the Fed, if Democrats win WH...Rate in March 09 34.5 to U.S.D. Link to comment Share on other sites More sharing options...
Brigante7 Posted May 3, 2008 Share Posted May 3, 2008 As I'm looking to buy a house and land around November, I'm hoping that the rate will rise to at least 65baht to the £ but like many things in life there isn't much we can do about it so we'll just have to wait and see. Link to comment Share on other sites More sharing options...
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