Best Exchange Rates To Chinese Yuan

[sunnymarky]

I want to change Thai Baht to Chinese RMB in Bangkok. Most banks show the rate for selling it but when asked about buying they dont ahve any. I found Bangkok Bank in Silom but their rate was so bad (5.71 , when the rate shown in most places is 5.2). Anyone know of where I can get the best rates of exchange. Thanks

[simcity]

I want to change Thai Baht to Chinese RMB in Bangkok. Most banks show the rate for selling it but when asked about buying they dont ahve any. I found Bangkok Bank in Silom but their rate was so bad (5.71 , when the rate shown in most places is 5.2). Anyone know of where I can get the best rates of exchange. Thanks

yes they are, i took there some US dollars, my friends use in bangkok the black market (change is much better for the yuan)

[simcity]

today from the bank Kasikorn

http://www.kasikornbank.com/portal/site/KB...00056f8f30aRCRD

Edited March 11, 2009 by simcity

[hyperdimension]

I use this web site to compare currency exchange rates across the Thai banks: http://bankexchangerates.daytodaydata.net

Here are the current rates for converting THB notes to CNY notes:

Bank					 Country  Updated by bank			   Update no. From To  Rate	  Inverse of rate 
Super Rich (Ratchadamri) Thailand 2009-03-11 08:33 (92 min ago) 21		 THB  CNY 0.1883239 5.31			
TMB					  Thailand 2009-03-11 10:00 (5 min ago)			 THB  CNY 0.1824818 5.48			
Krung Thai Bank		  Thailand 2009-03-11 09:20 (45 min ago)			THB  CNY 0.1821494 5.49			
Siam City Bank		   Thailand 3/11/2009 04:08			   2		  THB  CNY 0.1814882 5.51			
Bank of Ayudhya		  Thailand 3/11/2009 07:01			   4		  THB  CNY 0.1798561 5.56			
UOB					  Thailand 3/10/2009 17:00			   4		  THB  CNY 0.1776199 5.63			
Bangkok Bank			 Thailand 3/11/2009 04:10			   2		  THB  CNY 0.1751313 5.71			
Thanachart Bank		  Thailand 2009-03-11 09:02 (63 min ago) 7		  THB  CNY 0.1724138 5.8			 
Kasikorn Bank			Thailand 2009-03-11 07:30 (155 min ago)5		  THB  CNY 0.1707694 5.85585		 
Siam Commercial Bank	 Thailand 2009-03-11 09:50 (15 min ago)			THB  CNY 0.1697793 5.89

[hyperdimension]

"Percentage difference between minimum and maximum exchange rates above = 10.92%"

so if you went to SCB (you see them almost everywhere around Bangkok) instead of Super Rich, you'd be almost 11% worse off, which is a huge amount.