Need a vaction< thailand is cheap now
- phuketrichard
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Need a vaction< thailand is cheap now
BANGKOK: -- The continued strength of the US dollar and the weak gold price have led to the baht depreciating to a six-year low, trading at Bt34.84 to the greenback yesterday.
thank god i am paid in $$
thank god i am paid in $$
"The external factor is driven by market speculation that the US Federal Reserve will hike its policy interest rate within this year based on the Fed's comments and recent positive US economic data while the price of gold has dropped below US$1,100 per ounce, which has led to increased demand for the precious metal and demand for the US dollar as well," she explained.
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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Re: Need a vaction< thailand is cheap now
I was there last weekend and got 33.5 to the $ so it has risen since then.
Still spent all my money even with the extra from the exchange rate.
Still spent all my money even with the extra from the exchange rate.
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- Raven
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Re: Need a vaction< thailand is cheap now
6 consecutive posts with nothing but an emoticon. No wonder you have minus 10 karma.
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Re: Need a vaction< thailand is cheap now
I remember the economic crash of 1997 quite well. Hiring freezes leading to layoffs, expense accounts being scruntinized, food portions getting smaller: a general belt-tightening, if you will.phuketrichard wrote:BANGKOK: -- The continued strength of the US dollar and the weak gold price have led to the baht depreciating to a six-year low, trading at Bt34.84 to the greenback yesterday.
thank god i am paid in $$
"The external factor is driven by market speculation that the US Federal Reserve will hike its policy interest rate within this year based on the Fed's comments and recent positive US economic data while the price of gold has dropped below US$1,100 per ounce, which has led to increased demand for the precious metal and demand for the US dollar as well," she explained.
Then it was the IMF stepping in and all hell broke loose.
Economies go through cycles and it will be interesting to see what the Thais have learned over the past twenty years and how they respond to the darkening clouds on the horizon.
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Re: Need a vaction< thailand is cheap now
One dollar is 35.826 Baht now.
- phuketrichard
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Re: Need a vaction< thailand is cheap now
waiting, waiting,
when i brought land in 1998 it was at 48
but had been as low as 56
and when i moved here in 84 it was 22
when i brought land in 1998 it was at 48
but had been as low as 56
and when i moved here in 84 it was 22
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
- Cowshed Cowboy
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Re: Need a vaction< thailand is cheap now
Sitting in the departure lounge at Heathrow, one of camera bags got pulled for a "thorough" search. I was waiting for them to pull out and question me about the amount of cash I was carrying, but they missed them lol. Happy to shift a bit at the current rate which is about 10% better than I planned
Yes sir, I can boogie, I can boogie, boogie, boogie all night long.
Re: Need a vaction< thailand is cheap now
I'm headed to OZ in Nov. The exchange rate is now $.70au to $1.00us and its suppose to go to $.50.
- snookie BRO
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Re: Need a vaction< thailand is cheap now
OK, the Baht has weakened, but only slightly. Meanwhile the prices in Thailand are at an all time high.
I would say Thailand was cheap as in years ago when the Baht completely crashed, and costs were also cheap. Nowdays you can still have cheapish travels, as long as you watch your money, plan carefully. The good thing about Thailand is that flights to/from BKK can be very affordable, meaning the total trip costs can be very reasonable.
I would say Thailand was cheap as in years ago when the Baht completely crashed, and costs were also cheap. Nowdays you can still have cheapish travels, as long as you watch your money, plan carefully. The good thing about Thailand is that flights to/from BKK can be very affordable, meaning the total trip costs can be very reasonable.
Rider of the storm.
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