StreetCowboy Posted February 29, 2012 Author Share Posted February 29, 2012 As I say, I had to look it up, and its about 15.2 g. As far as I can tell, its only used for measuring sin sod. SC 1 Baht is equal to 540 Pounds in Stering. Win on a Gold rush How Many Baht To The Pound? 30 Baht to the Pound (approx) = 16,200 in Stering Win I checked my currency conversion site, and apparently a pound of gold is worth about GBP 17,928. Was your GBP540 a "we buy" price? I reckon the mid-market price ought to be near on GBP 600. Is there VAT on gold here, by the way? SC Link to comment Share on other sites More sharing options...
Kan Win Posted February 29, 2012 Share Posted February 29, 2012 (edited) As I say, I had to look it up, and its about 15.2 g. As far as I can tell, its only used for measuring sin sod. SC 1 Baht is equal to 540 Pounds in Stering. Win on a Gold rush How Many Baht To The Pound? 30 Baht to the Pound (approx) = 16,200 in Stering Win I checked my currency conversion site, and apparently a pound of gold is worth about GBP 17,928. Was your GBP540 a "we buy" price? I reckon the mid-market price ought to be near on GBP 600. Is there VAT on gold here, by the way? SC (Today's prices here in Sunny Thailand is:- The selling prices were set at 26,000 baht per baht-weight for gold ornaments, and 25,600 baht per baht-weight for gold bar.) I make that GBP 547 just a wee bit up from what I wrote above @47.50 exchange rate http://www.kasikornb...gnExchange.aspx At least you do have the "How Many Baht To The Pound?" 30 and a bit, to the answer now. Well at least I did try. Win Edited February 29, 2012 by Kan Win Link to comment Share on other sites More sharing options...
Kan Win Posted February 29, 2012 Share Posted February 29, 2012 (edited) Is there VAT on gold here, by the way? SC VAT is 7% in Thailand. Win After the Gold Rush Edited February 29, 2012 by Kan Win Link to comment Share on other sites More sharing options...
true blue Posted February 29, 2012 Share Posted February 29, 2012 I still use my UK bank account and to avoid the charges of continuously withdrawing money, I always withdraw as much as it will let me in one go. The daily limit for withdrawal is 300GBP and just a couple of months ago I was able to withdraw 14500Baht at a time, but lately I've noticed that I can now only withdraw 14000Baht, so either the charges have gone up or the exchange rate has got worse. I think most people use the 50B to the pound benchmark. Or, in your case, 13000 lol.good memory bendix. Link to comment Share on other sites More sharing options...
Rinrada Posted February 29, 2012 Share Posted February 29, 2012 It's hovered around 46-49 since 2008. As a broad figure use 50 as a rough guide. Think of a B1,000-note as being GBP 20, and B500 as a tenner, OK it's slightly too-much, but gives a rough idea ! Still tend to remember the time when 500 Bt was just under a GBP 20 and a beer was @ 20 bt a throw...MPR.. that really was good value Thailand... Link to comment Share on other sites More sharing options...
billd766 Posted March 1, 2012 Share Posted March 1, 2012 It's hovered around 46-49 since 2008. As a broad figure use 50 as a rough guide. Think of a B1,000-note as being GBP 20, and B500 as a tenner, OK it's slightly too-much, but gives a rough idea ! Still tend to remember the time when 500 Bt was just under a GBP 20 and a beer was @ 20 bt a throw...MPR.. that really was good value Thailand... Slightly off topic but when I bought my Ford pickup truck in December 2001 the exchange rate was just about 63 baht/GBP and diesel was just less than 10 baht per litre. Come back the good old days. Link to comment Share on other sites More sharing options...
pattayadingo Posted March 1, 2012 Share Posted March 1, 2012 I looked back over the 10 year chart and it is enough to make you cry. 2004 / 2005 over 70 Baht to the £ for 2 years. No wonder I could do so much more and go so many places when I first arrived. And that Mitsubishi 4 door truck the then woman in my life got for 7K Baht a month was only £100. Sigh. Link to comment Share on other sites More sharing options...
Phil Conners Posted March 4, 2012 Share Posted March 4, 2012 The Google search engine has currency exchange built-in. Just type the amount you want converted followed by the currencies, i.e. "500 GBP to THB" and hit return, and it will tell you the result directly, without going to any website. If you just want to know the exchange rate just use "1 GBP to THB". Works for practically all currencies. Link to comment Share on other sites More sharing options...
moe666 Posted March 4, 2012 Share Posted March 4, 2012 I remember the Brits having a laff at the US dollar a few years ago as it went from 40 to 30 but 70 to 48 is a real laff Link to comment Share on other sites More sharing options...
IanForbes Posted March 4, 2012 Share Posted March 4, 2012 It depends on how accurate your weight scale is and whether you use one baht coins or 20 baht bank notes. I tried weighing a bunch of 100 baht bank notes on the scale and couldn't find a big enough container to hold them all on my little weight scale. It takes a lot of bank notes to make one pound. I know... it's a silly answer, but no less silly than the original question. Look on Google and there are a dozen different sites that show conversion factors in all currencies. Link to comment Share on other sites More sharing options...
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