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Exchanging money in Samui


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Carmine, I was in Samui last month, and checked the exchange rates quite often for my personal needs, and confirm that the exchange currency point I mentioned previously, was usually higher - than BB, KR.. etc.. , by around 0.3 to 0.10 TB.

I also noticed that all " Better rate" points do not give the same exchange rate - it dépends on which bank they are close to, and on the level of competition in the area : lower rate in Lamai than in Chaweng, for instance

Now maybe is it different today..

Edited by Opl
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I confirm for me better rates (blue) are the best.

They have maybe 4-5 "shops" everywhere... 2-3 in chaweng beach road...

They are the best for me, they are quite new and I love sending them customers...!

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Carmine, I was in Samui last month, and checked the exchange rates quite often for my personal needs, and confirm that the exchange currency point I mentioned previously, was usually higher - than BB, KR.. etc.. , by around 0.3 to 0.10 TB.

I also noticed that all " Better rate" points do not give the same exchange rate - it dépends on which bank they are close to, and on the level of competition in the area : lower rate in Lamai than in Chaweng, for instance

Now maybe is it different today..

I spend everyday here and have need to use the banks daily. It is different today with more of these booths springing up, not owned by the same people.

I am also working on the assumption that the OP wants to spend a limited time surveying rates so finding a chain of bank that is always up there with the best would be preferable.

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Carmine, I was in Samui last month, and checked the exchange rates quite often for my personal needs, and confirm that the exchange currency point I mentioned previously, was usually higher - than BB, KR.. etc.. , by around 0.3 to 0.10 TB.

I also noticed that all " Better rate" points do not give the same exchange rate - it dépends on which bank they are close to, and on the level of competition in the area : lower rate in Lamai than in Chaweng, for instance

Now maybe is it different today..

I spend everyday here and have need to use the banks daily. It is different today with more of these booths springing up, not owned by the same people.

I am also working on the assumption that the OP wants to spend a limited time surveying rates so finding a chain of bank that is always up there with the best would be preferable.

I agree with Carmine. Bank of Ayudhya regularly tops the leaugue tables for the exchange rates.

http://bankexchangerates.daytodaydata.net/default.aspx

BUT... they differ by the currency that you are changing and obviously, rates differ by how much a bank wants foreign currency!

So - I always use the above link to confirm and then if your time has no value - by all means wonder around Samui wasting shoe leather or gasoline.

For me - Bank of Ayudhya is my nearest bank and does the job. My time is important to me.

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you can change at Kasikorn booth at Fisherman's Village or around the island

But I think have other place higher than Kasikorn Bank

you can check rate at my facebook page about Koh Samui

https://www.facebook.com/insidekohsamui

I update everyday I will post for comparing with other bank and booth later

Hmmm - constant updates on the US Dollar . . . I have a feeling that other nationalities are more plentiful here . . .

R

Edited by robsamui
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