Guest shamahan Posted July 22, 2015 Posted July 22, 2015 I transfer funds monthly from US but I keep them in US Dollars in Bangkokbank. When I see that exchange rate is above 34 baht per Dollar I exchange small amount online daily (usually 3-5 thousand baht). In this way, I average currency exchange rates flucuations. I do not exchange money if Dollar falls below 34. I am prepared to change my strategy to averaging above 35 in near future. There is a simple explanation why US Dollar is so strong and getting stronger: America is a shining beacon on the hill. Everything else is shit (with possible exception of UK pound). You say I am gloating. Yes, I do. I recall Smiles gloated about Canadian Dollar when it briefly strengthened versus US Dollar. Why he can and I cannot? And, anyway, where is shitty Canadian Dollar and shitty Smiles now? Quote
Up2u Posted July 22, 2015 Posted July 22, 2015 Gloating accomplishes nothing. I'm an American, I have Brits, Aussies, and Europeans as friends and I wish their currencies perform just as well as the dollar. The continued weakening of baht will be a benefit to the Thai economy. llz 1 Quote
Aikuchi Posted July 22, 2015 Posted July 22, 2015 I wish the Ringgit was performing better .... but in light of the recently known billions misused by out Prime Minister .... sigh ... Quote
vinapu Posted July 23, 2015 Posted July 23, 2015 ... and shitty Smiles now? what kind of talk is that? this is how you talk to people? averaging currency fluctuations is smart idea though, this is how I gather my vacation funds - but 100 USD or 100 euro every paycheque Up2u, ChristianPFC and kokopelli 3 Quote
Guest travelerjim Posted July 29, 2015 Posted July 29, 2015 Exchanged $100 US bills at TT in Pattaya, Beach RoadReceived 34.79 Thb / US$Tuesday night July 28thSuperrich in Bangkok is quoting 34.80 / US$ this Wednesday morninghttp://superrich1965.com/Bangkok Bank was offering 34.50 Thb/US$ Tuesday night.tj Quote
