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Exchange Rate - Baht to US Dollar - Now in the high 34's

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I suppose it was bound to happen. Naturally, just in time for high season too. The baht has strengthened to the point that it is now in the high 34's. At the time of this writing, the exchange rate is 34.96 baht to the US dollar.

 

The present rate for other currencies is:

 

Euro: 45.65

 

British Pound: 68.185

 

Australian Dollar: 27.1375

 

Canadian Dollar: 30.0375

 

 

Was it a weekend blip or has the Bank of Thailand intervened? Today the baht sank dramatically against all major currencies.

 

The US Dollar interbank rate

 

IPB Image

 

  • Author

Was it a weekend blip or has the Bank of Thailand intervened? Today the baht sank dramatically against all major currencies.

 

I'm not sure of the source of that information, Wowpow, but today there were 12 rounds of exchange rates posted. Usually there are four or five. The currencies closed today as followis:

 

US Dollar: 35.18

 

Euro: 45.95

 

British Pound: 68.565

 

Australian Dollar: 27.3475

 

Canadian Dollar: 30.235

 

There was also this:

_____

 

Baht Appreciation Begins Affecting Thai industry

 

BANGKOK, Dec 18 (TNA)

 

Thailand

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