Pound/Baht Fluctuation
-
- udonmap.com
- Posts: 861
- Joined: April 16, 2016, 9:20 am
Re: Pound/Baht Fluctuation
I must be the only Brit who would love to see the pound drop even more.i could then sell up and go back to the uk.30b-£1 would be a dream for me.
Re: Pound/Baht Fluctuation
Well JUST Sell You're house at 30 Baht to the pound then, It Doesn't have to DROP Anymore for YOU to do that.....Marcosteffano wrote: ↑August 20, 2018, 6:01 pmI must be the only Brit who would love to see the pound drop even more.i could then sell up and go back to the uk.30b-£1 would be a dream for me.
Re: Pound/Baht Fluctuation
The UK pound has a much brighter future than the doomed Euro. One article I read advised those holding Euros to exchange them for pounds. I think the EU has sabotaged the pound as much as they possibly could. Punished the pound and the UK for Brexit.
-
- udonmap.com
- Posts: 861
- Joined: April 16, 2016, 9:20 am
Re: Pound/Baht Fluctuation
I take it your not in the property business.747man wrote: ↑August 20, 2018, 7:26 pmWell JUST Sell You're house at 30 Baht to the pound then, It Doesn't have to DROP Anymore for YOU to do that.....Marcosteffano wrote: ↑August 20, 2018, 6:01 pmI must be the only Brit who would love to see the pound drop even more.i could then sell up and go back to the uk.30b-£1 would be a dream for me.
Ridiculous comment.i would have to ask nearly 2 million more.ill leave it until the baht gets stronger which would tempt me to move back thanks.
Re: Pound/Baht Fluctuation
NO I'm NOT, But it was YOU Said that YOU Would be " Happy " with 30 Baht to the pound " RIDICULOUS COMMENT " But now you want the Baht to get STRONGER......Make you're mind up !!!Marcosteffano wrote: ↑August 21, 2018, 7:53 amI take it your not in the property business.747man wrote: ↑August 20, 2018, 7:26 pmWell JUST Sell You're house at 30 Baht to the pound then, It Doesn't have to DROP Anymore for YOU to do that.....Marcosteffano wrote: ↑August 20, 2018, 6:01 pmI must be the only Brit who would love to see the pound drop even more.i could then sell up and go back to the uk.30b-£1 would be a dream for me.
Ridiculous comment.i would have to ask nearly 2 million more.ill leave it until the baht gets stronger which would tempt me to move back thanks.
-
- udonmap.com
- Posts: 1817
- Joined: July 14, 2009, 1:34 pm
Re: Pound/Baht Fluctuation
Haha love it 747man
Just so u understand if a currency gets stronger you need less to buy another currency so baht 30 to pound would be much stronger if weaker you would get 59 or 60 to the pound
Just so u understand if a currency gets stronger you need less to buy another currency so baht 30 to pound would be much stronger if weaker you would get 59 or 60 to the pound
Re: Pound/Baht Fluctuation
I DO Understand Exchange rates Mate,After all I've changed MANY 10's of 1000's of Pounds into Baht over the 42 Years I've been coming HERE.....dunroaming wrote: ↑August 21, 2018, 12:07 pmHaha love it 747man
Just so u understand if a currency gets stronger you need less to buy another currency so baht 30 to pound would be much stronger if weaker you would get 59 or 60 to the pound
Re: Pound/Baht Fluctuation
The pound has been forced down as part of an ongoing campaign to stop Brexit and keep the UK shackled to the bloated Brussels gravy train. It is part of a campaign by the elite and the global banks to teach the Brits a lesson for daring to question their global agendas. The UK economy has been out performing most of the G7 since the doom and gloom mongers from the ''remoaners'' dire predictions failed to materialise. BOE head, or should I say Goldman Sachs' stooge, Carney has 3 times reversed the pounds resurgence, by unfounded negative predictions and this time it is heading for 40bt and below.
-
- udonmap.com
- Posts: 1817
- Joined: July 14, 2009, 1:34 pm
Re: Pound/Baht Fluctuation
so doesn't explain your previous comments as Marco wants 30 baht to the pound ie stronger baht and u ridiculed him
Re: Pound/Baht Fluctuation
If Marco got 30 Baht to the Pound & He Took it ALL Back to the U.K With Him,He Would be VERY Lucky to get 1 Pound back for 24 /25dunroaming wrote: ↑August 21, 2018, 2:34 pmso doesn't explain your previous comments as Marco wants 30 baht to the pound ie stronger baht and u ridiculed him
Re: Pound/Baht Fluctuation
Hello Alan (747man),I hope you managed to get the problems with your debit card sorted out with the Bangkok Bank in Nong Khai ?
Now lets assume Marco's house is on the market at 6m baht.At 40 baht to the GBP that would net him 150,000 pounds sterling.
However,if the rate was 30 baht to the GBP he would get 200,000 pounds sterling....an increase of 50,000 quid....not to be sniffed at !
But to get 200,000 GBP at the rate of 40 baht Marco would have to up the price of his house sale to 8m baht....OK ??
Now lets assume Marco's house is on the market at 6m baht.At 40 baht to the GBP that would net him 150,000 pounds sterling.
However,if the rate was 30 baht to the GBP he would get 200,000 pounds sterling....an increase of 50,000 quid....not to be sniffed at !
But to get 200,000 GBP at the rate of 40 baht Marco would have to up the price of his house sale to 8m baht....OK ??
Just when I thought our chance had passed,you go and save the best for last.
Re: Pound/Baht Fluctuation
NOT If he Took the Thai Baht back to the U.K Where he'd have to give probably 250,000 Baht to get 10,000 GBP...Because That's ALL He get There 25 Baht for ONE Pound.....Zidane wrote: ↑August 21, 2018, 5:17 pmHello Alan (747man),I hope you managed to get the problems with your debit card sorted out with the Bangkok Bank in Nong Khai ?
Now lets assume Marco's house is on the market at 6m baht.At 40 baht to the GBP that would net him 150,000 pounds sterling.
However,if the rate was 30 baht to the GBP he would get 200,000 pounds sterling....an increase of 50,000 quid....not to be sniffed at !
But to get 200,000 GBP at the rate of 40 baht Marco would have to up the price of his house sale to 8m baht....OK ??
- TAXIfor7/11
- udonmap.com
- Posts: 1426
- Joined: March 19, 2017, 2:08 pm
Re: Pound/Baht Fluctuation
lol,ts frightning what goes on or not goes on in his head BLESS HIS LITTLE COTTON SOCKS
-
- udonmap.com
- Posts: 1817
- Joined: July 14, 2009, 1:34 pm
Re: Pound/Baht Fluctuation
Why not transfer from here would be much better rate have done it several times when I got paid in baht exchange was much better
Re: Pound/Baht Fluctuation
I wouldn't buy GBP just yet. Still a way to go. Down about 2 baht this year - so far ...... probably another 2 by November unless some rabbits are pulled out of a hat.
Re: Pound/Baht Fluctuation
Oh... not MANY 100's of 1000's of Pounds then?747man wrote: ↑August 21, 2018, 12:47 pmI DO Understand Exchange rates Mate,After all I've changed MANY 10's of 1000's of Pounds into Baht over the 42 Years I've been coming HERE.....dunroaming wrote: ↑August 21, 2018, 12:07 pmHaha love it 747man
Just so u understand if a currency gets stronger you need less to buy another currency so baht 30 to pound would be much stronger if weaker you would get 59 or 60 to the pound
Who's counting years BTW?
Re: Pound/Baht Fluctuation
OK,Alan (747man),your 42 years of international currency trading logic has got me stumped !747man wrote: ↑August 21, 2018, 4:54 pmIf Marco got 30 Baht to the Pound & He Took it ALL Back to the U.K With Him,He Would be VERY Lucky to get 1 Pound back for 24 /25dunroaming wrote: ↑August 21, 2018, 2:34 pmso doesn't explain your previous comments as Marco wants 30 baht to the pound ie stronger baht and u ridiculed him
Suppose the house sells for 6m baht cash which if the exchange rate was 30 baht to the pound would equate to 200,000 pounds sterling (paperwork figure only).
Lets assume he goes home with 6m baht in cash stuffed in his hand luggage and several orifices on his person !
When he gets back to the UK he goes into the nearest bank and says "I've got 6m Thai baht in cash,what rate will you give me ?"
The bank clerk says "25 baht to the pound sterling,sir" (your figure OK) ......NOW,IF YOU CONVERT 6M BY 25 IT COMES TO 240,000 GBP......so useing your logic he is even better off not worse off !!!
So he would indeed be very lucky to get 24/25 as you say.
This is where you have got me stumped.If you would have said he would get 34/35 baht to the pound in the UK it would make more sense to me.
But,anyway,a stronger baht and weaker pound is in his interests if he wants to sell up and go back to the UK.....but thats my logic !
Just when I thought our chance had passed,you go and save the best for last.
-
- udonmap.com
- Posts: 1817
- Joined: July 14, 2009, 1:34 pm
Re: Pound/Baht Fluctuation
You have to remember it's really not his fault he's an Everton supporter says it all lol