Exchange rate of Euro against the Baht plummets
I hear nothing at all about the negative exchange rate development of the Baht against the Euro. From 39,5 to today 35,5. Still a difference of 4 Baht per Euro.
What does the Thailandblog reader say about this?
Thailand question: What is the Euro exchange rate in Pattaya?
How much Baht do you currently get for 1 Euro in Pattaya at an exchange office along the street? I know it varies daily, but I would like to know the difference from what you get in Pattaya or in Phetchabun, since I want to buy something there in the near future.
40 Baht for a Euro!
It is with due joy that I inform you that today, fully in line with my previously expressed expectations, the milestone of 40 Baht p
THB vs Euro a trend reversal?
It will not have gone unnoticed, the euro is making good progress. After a minimum of 36.38 Baht on April 17, we reached a high of 29 on April 37.99 and today, May 6, your euro is even 38.14 Baht where
In view of the market developments, I would of course like to come back to my article about the exchange rate of the Euro/Baht of February 23rd.
In the comments, at 15.29:1 PM, I gave my prediction for April 36.60, XNUMX Baht.
Appeal to Dutch minima in Pattaya
Thailandblog wants to pay attention to this group of Dutch people by interviewing some of them and publishing their story. Basically, their story is posted without the name of the interviewee.
Low euro hits expats and retirees
It seems that the euro is in free fall against the dollar. The value of the euro fell to its lowest level this year on Friday. Yesterday, the euro hit a provisional low of $1,0582.
Euro falls in value due to Brexit
Now that Brexit is a fact, this may also have consequences for tourists and expats in Thailand. The Euro fell as news trickled in from the UK.
Reader's entry: Good news for expats in Thailand, the euro is becoming more valuable
HSBC-Bank, successor to the Hong Kong and Shanghai Banking Corporation founded by a Scotsman in 1865, reports that it may come as a surprise, but the euro can still clearly rise. A conclusion from HSBC's currency strategists.
Small and medium-sized Thai tour operators are urged to sell their tours in US dollars instead of euros. This is because a further fall in the value of the euro is expected.
Reader Submission: Euro takes a beating in Asia!
I hear a lot of complaints about the rate, dear Baht. But I never hear anyone talk about the Greek affair. The euro has taken its first big hit, Reuters reports after the start of the new trading week in Asia and Australia.
Reader question: The Thai baht is pegged to the dollar, what does this mean for the Thai economy?
Many farangs, not only Dutch, will no longer meet the 65.000 baht per month. So many have to leave Thailand. This will happen en masse. Which will have major consequences, also for the countries where they come from because they will get many residents. So a low baht is very bad for Thailand. What do the readers think about that?
Bad news for expats in Thailand: Euro to record low
Annoying news for tourists, expats and retirees. On Friday, the euro fell to its lowest level against the dollar in 2 years.
For tourists, expats and pensioners in Thailand, there is only bad news from Europe. There is an economic crisis and even the 'Dutch abroad' feel that in their wallets.
How strong is the baht versus the euro?
There is a lot going on in the monetary world. The euro is under pressure due to the weak economic performance and high debts of a number of countries within the European monetary union. Countries that do not have their household books in order and can hardly or cannot meet their obligations have to borrow money from other countries or from the European Central Bank. If a country is no longer able to pay interest on its government bonds…
Elections and inflation, the recipe for unrest?
The Euro appears to be stabilising. Those who follow the rates (who doesn't?) see that the euro is strengthening against the Baht. Or is the Baht weakening? The latter seems more the case. The strong Baht is unfavorable for the economic growth of an exporting country such as Thailand. On the other hand, a decrease in value is annoying for the average Thai. In the Netherlands, the economy is now picking up again. Unemployment is falling and…
Crisis on the foreign exchange market: consequences for the Thai baht and euro exchange rate
In this very extensive article, the author describes the current economic and currency crisis that has serious consequences for the West. The value of the Euro will continue to fall against the Thai Baht. This will make it increasingly difficult for some expats and retirees to continue living in Thailand. The author, who wishes to remain anonymous, has conducted his own research into facts and relies on public sources and expert statements. The result: a bleak scenario.