Should I transfer $3,000 to Thailand now with the exchange rate at 35.48 or wait for a better rate?

This is a troll account, nothing to see here

Even if you were lucky enough to get 36 you would only be ahead ~$43.

Grab it quick before Donald returns

Looks like it might go back up to over 36…. You can just google the exchange rate and you will get a chart that you can look at different time frames. The monthly chart will be the best indication of true direction. Then compare the rate to your transfer agent. Wise is probably the best rate.

35.56 on Wise

1 Thai Baht is $.02 cents. Not a big difference if you convert now or later.

It was 37 less than a month ago. Really depends on many factors, especially what the US fed is doing to deal with inflation and interest rates. This is not financial advice. We’re at a level of support (June 22, , 2009, 2006) at 35.4 where we’ll likely either see a bounce back to 36 or a drop to 34.9 then 34. If you look at these levels in the past, if it breaks here, not looking good. Honestly I wouldn’t get my hopes up for anything past 36 in the next few weeks. This is just technical analysis with simple ranges and trend lines and only a tool, but using these levels and $3000, not sure the difference is going to matter that much. However, there is significant downside if this level fails.

Good do it above 35

Usually the exchange rate goes up in the low seasons then goes down in the high season so it reached a peak of 37.xx this year now its going down while the high season is approaching with a lot of $$ coming to the country so i wouldnt expect much of a dump in the currency price to dollar in the next few months .. its ur choice though

Throw the dice.

If worried and have plenty time send small amounts rather than a lump sum ,the rates frequently defy logic

I live here in Thailand for a few years you better do it now

Grow balls and make a decision

You can adjust it, to what for rate you want change you money,on your onlineaccount.

Going to get better.

Google: baht projections

Best viewed on a computer. Gives a forecast of the expected exchange rates. The forecast this afternoon is better than you can expect in the coming weeks. But many factors influence the exchange rate every moment of the day.

It’s been higher and it has been lower.

I have unlimited free atm withdrawals so the atm works best for me. Beats Wise.

Wait every few days it does go up above 36

Check Remitly first .

Never change in the weekend. Wait until Tuesday..

Anything above 35 is above average

Weekly indicates a reversal was due considering how bullish it’s been.

Daily USD index basket shows sell off on Friday so it looks weak and could continue at least for a few more days.

Analysts I listen to think the DXY may have peaked, at least in the near term. Speaking of Baht specifically, I tend to agree with the person who said it tends to appreciate towards high season, but that’s just anecdotal, and just based on my experience over the past couple of years.

Unless you need the baht immediately, I’m a fan of DCA’ing. Wise doesn’t have very high fixed fees, so there’s little advantage to do it in bulk.

How old are you?

I got 35 today. Thought that was pretty good

That is good

High season is here so the baht should only strengthen, and with the warmongering, the dollar probably will not strengthen with all the free flow cash going out

Come on be real. On 3k a variation to say 36 (less than 1% Forex variation) only means an extra 1200 then, and you take the risk THB strengthens. If you that worried send 1550 now and 1500 later

Exchange cash better rates by a lot than wise

I used to wait until the middle of the month to transfer, as it seemed there was an uptick. But that pattern didn't last.

35 is pretty good.

@Jon *********

A bit of a conundrum really.. since the fiat dollar is the currency of the NwO.. and it is their demise that kills the fiat.. the new rainbow dollar will be a strong currency though.. but you won't be able to spend your fiat once the transition is completed.. you'll only be able to exchange it in a U.S. bank.. and if you have tons stashed under the mattress you're gonna need to certify it's providence before they'll accept it.. in other words prove where it came from or risk losing it!

Historically the baht strengthens the more we get into high season. I’ve been buying recently ready for next month. Does seem a bit weaker but history says it will strengthen 10% by mid Jan. I’m hoping not and still holding off with some of my pot.

Unless I'm moving a relatively big sum.. then a few bips on the fx (in either direction) isn't really going to change my life.. and the exchange rate my Uk bank gives me is also a lot closer to the commercial rate than most.. so i simply transfer funds as and when needed.. if you were buying property and moving a significant sum then that's a different ball game of course.. but anyone who doesnt understand the fiat dollar is indeed dead will soon be in for a nasty shock.. I'd be moving my cash into (physical) gold and silver until the storm passes.. i believe they are both undervalued at present and expect them to rise significantly.. the fiat dollar is no longer the world's reserve currency and will not recover until it is replaced by the USN.. not too long to wait by all accounts!

Let’s say a +/- move of 3%.

$3000 * .03 = $90

Is $90 really necessary to think about?

Just transfer it and stop worrying if you can time the market.

Got to remember the tax year is coming to an end and next year the new rules come into play

Probably a lot of people moving money now

@Jack ********

look at futures and base your knowledge on this. The US are entering into a war soon slanting can happen

Here's what to do piss or get off the pot

Also. The dollar is losing strength due to oil being traded in other currencies again for the first time in decades.

Typically the exchange rate is a little higher in the middle of the month rather than the beginning, or end of the month, when most payments and transfers are made.

I am a trader, don't mess with much forex. But live here in Thailand and I do chart the dxy, and the usdthb chart. Right now it's in a strong downward trend, but possible reversal soon. The dollar lost strength wed when the fed decided to pause the interest rate again. I think a cut is slightly possible next month which would weaken it against the thb again.

Last week I got 36.50. 2 weeks ago over 37.00. Depends on your urgency

I also think the THB will strengthen over the next few months.

Send now then other after this weekend over .

My guess is that THB will continue to strengthen, just like the ZAR has been doing over recent weeks. Go ahead and do it now.

Guessing exchange rate trends is like timing the market. Don’t bother.

Anything above 35 is good rate historically. Or if you prefer drainbow advice “man US dollar going to crash to almost zero soon due to new world order, it’s over for fiat currencies best invest in crypto buy a lambo”

Not much point waiting at this time. The baht strengthening

It will definitely go up at some point.

Got 36 the other day better pull the trigger. Hopefully it'll get better!

If anyone knew this they would be rich playing Forex. It's rarely worth it trying to time exchange rates and I've given up. Sometimes I waited and it went down. Sometimes I waited and it went up. Now I just do the transfer when I need it and it equals out in the end.