Comments on: Thai Baht Decline – Better Value For Travelers In Sight? http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/ Life is what you make it! Wed, 08 Feb 2012 10:33:52 +0000 hourly 1 http://wordpress.org/?v= By: Rogerroger http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-56033 Rogerroger Wed, 05 Oct 2011 01:43:24 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-56033 And the trend is not a bout to change! Thailand is a growing country as most of asian country are so it will become less interesting (compared to past) for tourist. But I think it will stay a very attractive place to visit. Having being in China and now in Thailand I choosed to get a local contract paid in Bath and I can't regret as every month I feel that the value I am sending to Europe is higher than before. And the trend is not a bout to change!
Thailand is a growing country as most of asian country are so it will become less interesting (compared to past) for tourist. But I think it will stay a very attractive place to visit.
Having being in China and now in Thailand I choosed to get a local contract paid in Bath and I can’t regret as every month I feel that the value I am sending to Europe is higher than before.

]]> By: Chris http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-50838 Chris Mon, 20 Dec 2010 01:09:48 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-50838 <strong>gareth</strong>, I actually agree with most of what you said, I would also say that Thaksin did a lot to help the rural and poor people, but I can see, why the elites in Bangkok thought otherwise and wanted to have him out. Corruption was striving before and is after Thaksin, so whast's the difference? Maybe only that during his term a bit more people could benefit from it, than just the usual suspects. ;-) gareth, I actually agree with most of what you said, I would also say that Thaksin did a lot to help the rural and poor people, but I can see, why the elites in Bangkok thought otherwise and wanted to have him out. Corruption was striving before and is after Thaksin, so whast’s the difference? Maybe only that during his term a bit more people could benefit from it, than just the usual suspects.

]]> By: gareth ( aka fenny99 ) http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-50828 gareth ( aka fenny99 ) Sun, 19 Dec 2010 11:41:17 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-50828 Please let shinawatta back in , since they ousted him the Bhat has got stronger . I come to Thailand for 6 Months a year , looks like I will have to make it 3 months next year , and 3 months Cambodea . The appreciation of the Bhat is ludicrous when you concider out side of Bangkok , Pattaya , phuket . Thailand is basically a third world , I live in Issan ( kalasin ) my purchacing power has dropped so much . I want to buy land , but with the lack of stregnth in the pound It is Impossible When I came here first 76 Bhat for a pound , now 46 . nearly half the value .. I have had to brew my own beer , wine . Grow my own ducks and pigs . Its becomming hard work .. I wanted a quiet life .. Its not happening .... Thai Bhat cannot sustain this growth , the car showrooms are full , new ones are popping up everywhere but there are no trucks cars bikes being sold ... unless on finace ... what happens when they cant afford the payments cos its going to happen ... every boom has a bust .. Thailand is experiencing a boom first one since the asian stock crash and its going to have a bust , where it wants to improve exports cos they will have dwindled and they will have to devalue the Bhat ... :-B :-B hope so I predict 2014 big problems in Thailand , also when the Throne of Thailand passes on , may that day be a long way away . IT WILL CAUSE POLITICAL TENSION Please let shinawatta back in , since they ousted him the Bhat has got stronger . I come to Thailand for 6 Months a year , looks like I will have to make it 3 months next year , and 3 months Cambodea .
The appreciation of the Bhat is ludicrous when you concider out side of Bangkok , Pattaya , phuket . Thailand is basically a third world , I live in Issan ( kalasin ) my purchacing power has dropped so much .
I want to buy land , but with the lack of stregnth in the pound It is Impossible
When I came here first 76 Bhat for a pound , now 46 . nearly half the value ..
I have had to brew my own beer , wine . Grow my own ducks and pigs . Its becomming hard work .. I wanted a quiet life .. Its not happening ….
Thai Bhat cannot sustain this growth , the car showrooms are full , new ones are popping up everywhere but there are no trucks cars bikes being sold … unless on finace … what happens when they cant afford the payments cos its going to happen … every boom has a bust ..
Thailand is experiencing a boom first one since the asian stock crash and its going to have a bust , where it wants to improve exports cos they will have dwindled and they will have to devalue the Bhat … hope so I predict 2014 big problems in Thailand , also when the Throne of Thailand passes on , may that day be a long way away . IT WILL CAUSE POLITICAL TENSION

]]> By: JWDEVUS http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-19486 JWDEVUS Thu, 03 May 2007 18:44:57 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-19486 Yes I have seen it when I was back in Bangkok for busniess the month of February 2007 the baht was around 35 to the USD now it is down to just over 32, This is not good for people like me. I will be back June for almost the whole month and I hope it does not go down any further. Thank you for the great blog and info. Please keep it going. Yes I have seen it when I was back in Bangkok for busniess the month of February 2007 the baht was around 35 to the USD now it is down to just over 32, This is not good for people like me.

I will be back June for almost the whole month and I hope it does not go down any further.

Thank you for the great blog and info. Please keep it going.

]]> By: Chris http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-16943 Chris Mon, 23 Apr 2007 07:15:49 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-16943 Doug, Michael and Thailand-Traveler - you are 100% right! It just didn't look that way at the time I wrote the article. Seeing it from today it surely would have been a bad investment decision to short sell baht at that time! :-/ Doug, Michael and Thailand-Traveler – you are 100% right! It just didn’t look that way at the time I wrote the article. Seeing it from today it surely would have been a bad investment decision to short sell baht at that time!

]]> By: Doug Beaudoin http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-16938 Doug Beaudoin Mon, 23 Apr 2007 06:29:38 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-16938 I don't view it the same way as the author of "Thai baht decline-better value for tourist". To buy the same product one year ago may cost 40 baht which was equal to 1 USD. Now the same item which cost 40 baht will cost 1.23 USD today. The economy and pricing hasn't declined. I still pay the same price for eggs, workers and products. For the last 4 years, I allocated 40,000 baht per month for living in Thailand, which was approx. 1,000 USD. I still with drawl 40,000 baht out per month but my ATM charges me $1,230. So how can this be good for the tourist? It certainly good for Thailand. I don’t view it the same way as the author of “Thai baht decline-better value for tourist”. To buy the same product one year ago may cost 40 baht which was equal to 1 USD. Now the same item which cost 40 baht will cost 1.23 USD today. The economy and pricing hasn’t declined. I still pay the same price for eggs, workers and products. For the last 4 years, I allocated 40,000 baht per month for living in Thailand, which was approx. 1,000 USD. I still with drawl 40,000 baht out per month but my ATM charges me $1,230. So how can this be good for the tourist? It certainly good for Thailand.

]]> By: http://Thailand-Traveler.com http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-16215 http://Thailand-Traveler.com Sun, 15 Apr 2007 20:29:50 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-16215 Even worst now. Xe.com is telling us 32.47, and counting ... Hotel trading in THB are now becoming more and more expensive, while the ones trading in USD somehow cheaper. Even worst now. Xe.com is telling us 32.47, and counting … Hotel trading in THB are now becoming more and more expensive, while the ones trading in USD somehow cheaper.

]]> By: Michael Cook http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight/#comment-5631 Michael Cook Tue, 13 Feb 2007 22:54:47 +0000 http://www.nomad4ever.com/2006/12/19/thai-baht-decline-better-value-for-travelers-in-sight-2/#comment-5631 Was this so very wrong. The Baht has done nothing but rise every month. Exchange rate for USD is down to 33.4 today. I am losing 1/5 of my money compared to last year. This is not a good time to be a tourist in Thailand. Was this so very wrong. The Baht has done nothing but rise every month. Exchange rate for USD is down to 33.4 today. I am losing 1/5 of my money compared to last year. This is not a good time to be a tourist in Thailand.

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