Thai Baht Rates .

**snakeeyes** · 18-08-2015, 10:00 PM

^
Not me I'm in Derry ,

**terry57** · 19-08-2015, 09:15 AM

Yesterday Morning the AUD at Superich was 26.10.

I changed 3K at 2.00 PM at 26.5.

Highest its been for many months.

See how it goes today.

Markets Just opened.

**Iceman123** · 19-08-2015, 06:14 PM

^
You got a great deal. it must have only been there briefly. The interbank rate is currently 26.14

**terry57** · 19-08-2015, 09:18 PM

^

Yep, hit 26.10 at 10.00 AM.

I waited on it, it dropped to back to 26.05 at 1.00 PM so I rushed over there and cashed the 3K.

Today it's sitting on 26 @ Superrich. Did drop back to 25.85.

**Stumpy** · 20-08-2015, 03:26 AM

TT conversion USD was 35.46. I still think it will weaken more. I predict 35.8 to maybe 36. I'd love a 36. The US dollar continues to struggle as does the Chinese Yuan.

**snakeeyes** · 20-08-2015, 11:28 AM

**terry57** · 20-08-2015, 06:56 PM

One thing is for certain.

The Dodgers packing a fist full of pounds must feel like they live in Thailand for free.

**Pragmatic** · 20-08-2015, 07:02 PM

Originally Posted by terry57

The Dodgers packing a fist full of pounds must feel like they live in Thailand for free.

Not really. 74 Baht to the Pound 10 year ago. Currently about 55 Baht. Still a ways to go before I'll be happy.

**terry57** · 20-08-2015, 07:05 PM

^

My heart bleeds for you mate.

I'm getting 26 and ain't cryin yet.

Up against you guys I should be.

**Stumpy** · 20-08-2015, 07:30 PM

I remember back in 2005 when working and living in BKK the baht was 38.5 or so to USD. I heard it being over 40. Some of you long timers might remember it being even weaker.

**snakeeyes** · 20-08-2015, 07:32 PM

**snakeeyes** · 21-08-2015, 01:08 AM

**rickschoppers** · 21-08-2015, 02:07 AM

USD now at 35.5988, but I am still waiting a bit longer to transfer a large sum from the US.

**piwanoi** · 21-08-2015, 06:33 AM

Originally Posted by rickschoppers

USD now at 35.5988, but a am still waiting a bit longer to transfer a large sum from the US.

Good idea, the current market trend is that the baht appears to be on the slide some what

**thaimeme** · 21-08-2015, 07:56 AM

Originally Posted by piwanoi

Originally Posted by rickschoppers

USD now at 35.5988, but a am still waiting a bit longer to transfer a large sum from the US.

Good idea, the current market trend is that the baht appears to be on the slide some what

Expect a solid 36 before month's end.

**Stumpy** · 21-08-2015, 08:19 AM

Originally Posted by thaimeme

Originally Posted by piwanoi

Originally Posted by rickschoppers

USD now at 35.5988, but a am still waiting a bit longer to transfer a large sum from the US.

Good idea, the current market trend is that the baht appears to be on the slide some what

Expect a solid 36 before month's end.

I agree. 36.20 36.40 maybe. Of course the US market taking a dive isn't helping it. Today DOW closed below 17,000. Its down over 1,000 points in 90 days.

**rickschoppers** · 21-08-2015, 01:39 PM

JP, it will come back. I will wait for 36 before sending the lump.

**snakeeyes** · 21-08-2015, 04:09 PM

**snakeeyes** · 21-08-2015, 04:35 PM

Yenjit ExchangeTel: 038-489081-3 Mobile: 083-9880001
Update : 2015-08-21 Time : 15 .15:00
buy BKK sell BKK buy PTY sell PTY
USD USD 35.57 35.68 35.53 35.77
GBP GBP 55.83 56.05 55.70 56.15
EUR EUR 39.98 40.15 39.92 40.25
CHF CHF 37.09 37.25 25.82 26.15
AUD AUD 25.89 26.05 25.82 26.15

**Stumpy** · 21-08-2015, 07:59 PM

Originally Posted by rickschoppers

JP, it will come back. I will wait for 36 before sending the lump.

It should rebound but the trend is a market correction. Lets see what it does today(Friday). I am in a cash position now and glad I am being it has sunk over 110 points in the DOW and NASDAQ is below 5,000 and S&P 500 is in the red for the year now. People in the last 90 days have lost 10 - 20% of their portfolios in a moderate risk position and even more if high risk. I moved myself to a cash position 4 months ago as the market was WAY to volatile and when you see huge swings of 100+ points up one day, 100+ points down the next it indicates a very uncertain market like it did back in late 2007/2008 when people lost huge chunks of their retirement savings in IRA's and 401K's when it corrected. I am surprised the baht continues to weaken as the USD dollar is. They usually trend apart from one another.

I am like you. It hits 36 and I will move a lump over. Wish this would have happened when I was building my house. At that time it was bouncing at 32. Looking on the bright side I could have built it when it was 28..So it goes.

Link to DOW trend over last 90 days

http://www.marketwatch.com/investing/index/DJIA

Headlining news before the bell

http://www.marketwatch.com/story/wha...ist=beforebell

**terry57** · 21-08-2015, 08:08 PM

Originally Posted by JPPR2

In late 2007/2008 people lost entire retirement savings in IRA's and 401K's when it corrected.

I can remember when a group of maybe 5 Firefighters from my Station retired in 2007, all around 55 years of age.

Soon after, the shit hit the fan and they lost a heap of their lump sum retirement money.

Some now broke and back in the workforce earning play money.

Last month I lost 25 K odd AUD from my Superfund and today in the Financial news next month looks like it will be way worse.

Anyone got a spare bedroom.

Not worried though as most retired Superfund holders are in the same boat.

**Stumpy** · 21-08-2015, 08:18 PM

Originally Posted by terry57

Originally Posted by JPPR2

In late 2007/2008 people lost entire retirement savings in IRA's and 401K's when it corrected.

I can remember when a group of maybe 5 Firefighters from my Staion retired in 2007, all around 55 years of age.

Soon after, the shit hit the fan and they lost a heap of their lump sum retirement money.

Some now broke and back in the workforce earning play money.

Last month I lost 25 K odd AUD from my Superfund and today in the Financial news next month looks like it will be way worse.

Anyone got a spare bedroom.

Not worried though as most retired Superfund holders are in the same boat.

Oh I knew a bunch that went damn near belly up like you saw Terry. Their entire retirement plans gone. Stayed aggressive too long and sadly most do not watch their IRA's or 401K's. Now they are still at it working and mid 60's or older. I tried to coach my parents but they ignored it. They took huge whack and of course they blamed me for not hitting them in the head harder.

Now in fairness the market has recovered but it has taken almost 10 years and now those people are nearing 70 and most are to old or ailing to go off and do what they had planned in their 50's. Sad in many ways.

**terry57** · 21-08-2015, 08:31 PM

^

The guys I refer to withdrew a lot of their money from our conservative managed fund and chased the big returns that were being earned at the time in Australian shares .

Went tits up over night, I know guys who lost 250K.

They lost a shit load. Where as the guys who just left it up to our managers to do their job weathered the storm.

I'm staying put with our own fund managers, they have their own money in the fund and do not take silly risks.

Our fund is middle road and has returned an average 7.5 % since the get go.

We are in for a rocky road in the next few months though.

Not really lookin forward to checking my Financial statement come 1st of September.

**Stumpy** · 21-08-2015, 08:48 PM

US market opens and the Dow sinks almost 200 more taking it 16,800 now.

It closed 358 down yesterday.

**terry57** · 21-08-2015, 08:56 PM

^

We follow you guy's.

It's only going one way, that's down for us Australians.

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