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Alfred Molon

External


Since: Nov 04, 2007
Posts: 140



(Msg. 16) Posted: Tue Jan 15, 2008 6:38 pm
Post subject: Re: The world is expensive for Americans [Login to view extended thread Info.]
Archived from groups: rec>travel>asia (more info?)
In article <v24qo35abu8th26nv25ar3hgf7mmq05pb7.TakeThisOut@4ax.com>,
chris_blunt.TakeThisOut@spamfence.net says...

> Bangkok Bank's rates today are 49.65 and 48.61.
> http://www.bangkokbank.com/Bangkok+Bank/Personal+Banking/Foreign+Excha.../FX+Rat
>
> Where did you get this 44 Baht "asking rate" from?

Interbank rate is 44.1951 Baht
http://www.xe.com/ucc/

If the Bangkok Bank rate is 48/49 Baht you can make a fortune by
changing millions of Euro into Baht and viceversa.

The interbank rate is the one which is used (perhaps with a slight fee)
when withdrawing money from an ATM.
--

Alfred Molon
http://www.molon.de - Photos of Asia, Africa and Europe

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Markku_Grönroos

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Since: Aug 13, 2004
Posts: 515



(Msg. 17) Posted: Tue Jan 15, 2008 6:38 pm
Post subject: Re: The world is expensive for Americans [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
"Alfred Molon" <alfred_molon DeleteThis @yahoo.com> kirjoitti
viestissä:MPG.21f7352d742a3cc798b8ef@news.supernews.com...
> In article <v24qo35abu8th26nv25ar3hgf7mmq05pb7 DeleteThis @4ax.com>,
> chris_blunt DeleteThis @spamfence.net says...
>
>> Bangkok Bank's rates today are 49.65 and 48.61.
>> http://www.bangkokbank.com/Bangkok+Bank/Personal+Banking/Foreign+Excha.../FX+Rat
>>
>> Where did you get this 44 Baht "asking rate" from?
>
> Interbank rate is 44.1951 Baht
> http://www.xe.com/ucc/
>
> If the Bangkok Bank rate is 48/49 Baht you can make a fortune by
> changing millions of Euro into Baht and viceversa.
>
Or actually can afford to spend a bit more in Thailand.

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John Kulp

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Since: Jun 30, 2007
Posts: 657



(Msg. 18) Posted: Wed Jan 16, 2008 6:48 am
Post subject: Re: The world is expensive for Americans [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
On Tue, 15 Jan 2008 21:46:34 +0200,
=?Windows-1252?Q?Markku_Gr=F6nroos?= <kurkku.RemoveThis@hassuserveri.fi> wrote:


>>>
>>>
>>
>>
>> He's a Finn. They take advantage of him.
>>
>They?
>

The gnomes of Zurich.
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Romeo Raabe

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Since: Apr 30, 2007
Posts: 7



(Msg. 19) Posted: Sat Jan 19, 2008 6:30 am
Post subject: Re: The world is too expensive for Gronroos [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
I found the rate inside Thailand was better than the quoted rates
elsewhere, something about the Thai bank wanting to help promote
tourism. I was there in October and the expected rate was 32 baht to
the usd at the time while my rate at ATM's was 35.
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Chris Blunt

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Since: Jan 19, 2006
Posts: 75



(Msg. 20) Posted: Sat Jan 19, 2008 10:42 am
Post subject: Re: The world is too expensive for Gronroos [Login to view extended thread Info.]
Archived from groups: per prev. post (more info?)
On Sat, 19 Jan 2008 06:30:30 -0800 (PST), Romeo Raabe
<mbwa DeleteThis @netnet.net> wrote:

>I found the rate inside Thailand was better than the quoted rates
>elsewhere, something about the Thai bank wanting to help promote
>tourism. I was there in October and the expected rate was 32 baht to
>the usd at the time while my rate at ATM's was 35.

If you got 35 Baht to the US$ at an ATM machine then that would have
been a rate given *outside* Thailand. The exchange rate on ATM cash
withdrawals is applied by your own bank at home.

Chris
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