Money Exchange - Thailand

[StuartHopkin]

Tbh if cos's suggestion isnt close to where you are going alot of the money exchange shops in the resorts do good rates. Just shop around a little bit when you get to phuket and change a lump when you find the best rate. The rate was pushing 55 in the resorts 3 or 4 days ago according to my mates there. That is about 10% above the average I've had over the years so you are going at a good time!

I have heard this before but never understood it

If the spot rate is 55 how can they make money changing at 55?

[Woodsey]

Tbh if cos's suggestion isnt close to where you are going alot of the money exchange shops in the resorts do good rates. Just shop around a little bit when you get to phuket and change a lump when you find the best rate. The rate was pushing 55 in the resorts 3 or 4 days ago according to my mates there. That is about 10% above the average I've had over the years so you are going at a good time!

I have heard this before but never understood it

If the spot rate is 55 how can they make money changing at 55?

No idea, I know the rate was about 54.70 as of a couple of days ago and the spot was a smidgen over 50 at the same time, guess margins are just very small.

[Woodsey]

Tbh if cos's suggestion isnt close to where you are going alot of the money exchange shops in the resorts do good rates. Just shop around a little bit when you get to phuket and change a lump when you find the best rate. The rate was pushing 55 in the resorts 3 or 4 days ago according to my mates there. That is about 10% above the average I've had over the years so you are going at a good time!

I have heard this before but never understood it

If the spot rate is 55 how can they make money changing at 55?

No idea, I know the rate was about 54.70 as of a couple of days ago and the spot was a smidgen over 50 at the same time, guess margins are just very small.

55 not 50

[GreekStein]

Speculation amongst anyone I've asked the exact question Stu did here is that it's been set up to clean dirty money. That's pure speculation though.

The small outlets you will find at BTS stops (and airport) will charge a slightly different rate to what you will get at their main office where I went but still better than anything you'll find in England.

[Woodsey]

Confirmed, 52 is the airport rate, 54.90 is available at the exchange shops. Fkkkkk I was drunk last night......

[The_nun]

Confirmed, 52 is the airport rate, 54.90 is available at the exchange shops. Fkkkkk I was drunk last night......

In that case please keep off the..... Post a picture thread..... until you have checked your camera.

[Woodsey]

Confirmed, 52 is the airport rate, 54.90 is available at the exchange shops. Fkkkkk I was drunk last night......

In that case please keep off the..... Post a picture thread..... until you have checked your camera.

Think I lost my phone too, What a clown I am..... 

[The_nun]

Nooo. Hope you find it. Seriously though, appreciate any pictures you manage to take, I really enjoy looking at peoples travels.

[Woodsey]

Nooo. Hope you find it. Seriously though, appreciate any pictures you manage to take, I really enjoy looking at peoples travels.

No worries, off up into the sticks tomorrow for a few days, will get some interesting ones then.

[The_nun]

Nooo. Hope you find it. Seriously though, appreciate any pictures you manage to take, I really enjoy looking at peoples travels.

No worries, off up into the sticks tomorrow for a few days, will get some interesting ones then.

Brill.. Did you find it?

[Woodsey]

Nooo. Hope you find it. Seriously though, appreciate any pictures you manage to take, I really enjoy looking at peoples travels.

No worries, off up into the sticks tomorrow for a few days, will get some interesting ones then.

Brill.. Did you find it?

Yeah, I basically came in drunk and sat in hotel reception and fell asleep in one of the chairs down there lol. When I woke up I just got up and walked off to my room and left the phone on the chair. One of the cleaning ladies found it and handed it into reception which was very nice of her, gave her a bit of money obviously.

[The_nun]

That is good news.