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Thai Bhat getting cheaper

Started by LizMarie, May 07, 2015, 09:22:13 AM

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LizMarie

The relative value of currencies fluctuates over time. Lately, for the past year, the Thai Bhat has been in one of its strongest positions in a long time, meaning that it takes more dollars to buy Thai Bhat than before.

The central bank of Thailand is taking steps to reduce the value of the Thai Bhat. What does this mean? It means going to Thailand and doing things there, at least as an American, just got a bit cheaper and may get a lot cheaper over time. This might be of interest to those of you planning surgeries in Thailand in the near future.

http://www.cnbc.com/id/102647724
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Dee Marshall

Excellent news! I've been thinking about having Google Now monitor the Thai Baht and the Mexican Peso. I should get right on that. Going to Mexico in October anyway.
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iKate

The US$ is pretty strong versus the € too, so if you need to go to Europe for things like FFS or even GRS, you may get a good deal.

€ is rebounding somewhat but there is always the threat of Grexit which may drag it down.
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ganjina

Working some with euros and dollars, it seems clear to me than the current political will of the UE is to keep ity value rather low. It was very low a few months ago, it rose a bit as said earlier, and it's likely to be stable or rise slightly over time.

I think whoever plans to take a surgery abroad, should be keeping an eye often on those currencies, it could mean several hundreds of USD saved if a good timing is managed
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katiej

Same is true for Mexican Pesos, so Cardenas and the other Mexican surgeons may be cheaper as well. 

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