GBP v. THB....

Post by **747man** » May 6, 2014, 6:28 pm

Broke through the 54 to the Pound mark today, Best for WELL Over a year....

Post by **JimboPSM** » May 6, 2014, 10:16 pm

Showing the rise of the GBP/THB since its low point on 22nd April last year:

Post by **DRILLER** » May 7, 2014, 9:01 am

interest rat rise expected from the boe

Post by **cambsangler** » May 22, 2014, 9:33 am

54.87 as of today, so still rising nicely. At this rate, it could be back to where it was 4 years ago at 55.60, in a few more months $\:D/$

Post by **kubotatim** » May 22, 2014, 1:47 pm

TT rate is 54.34! where are you getting this 54.87 from?

Post by **cambsangler** » May 22, 2014, 5:59 pm

kubotatim wrote:TT rate is 54.34! where are you getting this 54.87 from?

XE Market Analysis

GBP per Unit 0.0182251237
Units per GBP 54.8693121258

Post by **JimboPSM** » May 22, 2014, 11:49 pm

This chart shows all the Kasikorn Bank GBP/THB intra-day TT buy rates (so far) for May 2014.

The knee jerk reactions to martial law and the coup can be seen as I’ve indicated the pre and post rates for both.

Post by **Stantheman** » May 23, 2014, 8:31 am

cambsangler wrote:
kubotatim wrote:TT rate is 54.34! where are you getting this 54.87 from?
XE Market Analysis

GBP per Unit 0.0182251237
Units per GBP 54.8693121258

The market analysis may be what big money etc. use, not what us small money users get.

Post by **BobHelm** » May 23, 2014, 8:50 am

Does not really matter what source & rate anybody uses, as long as they always use the same one.
It is the movement that matters rather than the actual rate.
The real rate that anybody gets will vary (quite considerably) dependent on what way the individual changes money from one currency to another, despite what any 'site' may quote as the rate for the day.

That is why I always find Jimbo's charts so useful. Frankly it matters not one jot which rate he is using as long as he always uses the same one the chart data remains completely valid.

It is also good to see that the current trend is UP for foreign currencies against the baht. That is far more significant than if the rate today is 32.0 or 32.5...