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Will EUR currency ever go above 43baht=1EUR as it used to be?

Featured Replies

Eur is currently going between 38-40baht which is really low.In your opinion,are we ever gonna see EUR going above 43-44baht again?

Yes

Question to tge OP

What was the exchange rate when you moved to Thailand?

Ergh changed my mind , No

Edited by The Big Mango

Question to tge OP

What was the exchange rate when you moved to Thailand?

49

  • Author

Question to tge OP

What was the exchange rate when you moved to Thailand?

It was 44baht. 2 years ago

Possibly

Some "experts" are sugesting if the BRITEXIT vote fails there may be a surge on the Euro based on a BREMAIN (remain in the EU) vote.

I don't know,i suppose it is possbile, but who really knows what will happen.

if i knew how to predict future exchange rates, i would be a very rich man today.

All exchange rates are fluctuating while Brexit is unresolved

Nobody knows. Readjust or acquire more income is the answer.

not an easy answer, it depends on so many factors, notably on how the central banks manage their currency.

on one side, the economics are stacked against the EU because of social burden, but on the other side Thailand's best interest can be to keep its currency low to favor exports.

in the long run, I see the Baht becoming stronger, but I also a very probably scenario of political unstability weakening the Baht in the short term.

when i was moved to Bkk, it was above 50 baht... then started to felt to 37 baht.

Dont expect a miracle, the rate of 50 baht or even 43 baht are over.

Edited by Bender

I hope not ! If the THB wasn't so weak , the euro would be around 35-36 now.

Maybe it does, maybe it doesn´t ...

53 and a bit in 2008... Those were the days.... 555

better question will it hit over 50 baht to the $$ again :-)

With a brexit coming in soon, not a chance.

But hey, it's not so bad now. Was it early last year that the baht hit 34 on the euro?

Whatever happens at Brexit time the outlook for the euro is weak.

Bremain would shore up the EU and delay the currency decline.

Brexit will speed up the process.

We are looking here at the badly created and too hastily introduced currency of a Union where politicos are trying to forge closer links and the populace are crying enough.

The continued existence of the EU may be in doubt, let alone the coinage.

53 and a bit in 2008... Those were the days.... 555

Yes, 53 B/€ in July 2008, when I bought my condo in Thailand. smile.png

A more appropriate question is what will the value be after Brexit.

  • 2 weeks later...

according to macro economic views, and many considerations about US$ and yuan, i believe that bath currency should increase on end 2016-17. i mean >40thb/1euro. (Thanks to 51,5% british people who expected brexit, for their recent contribution to this target)

wait and see...

Edited by mike13

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