Why is the exchange rate for the Thai Baht so low against the British Pound?

@John *********

ohh those two years again . People always pick those two years . What about every year from 1998-2015 ?

@Harry ********

I do also remember it being in the 70s at one time. Such is life

@Fangnongnong *******

......yes and 1970 20 pizzas....but you compare different things ... I don't say how much is cheap or expensive is anything,but for currency rates

@Paul *******

The rich Thais get richer, the poor, poorer

@Jason *******

always somebody who has to make an irrelevant comment .

@Harry ********

you sir should be staying in an old age home because your older than the world itself and haven’t moved on

@Jason *******

Stop being a dick buddy. It's not clever.

@Robert *****

Shhh Robert I am not speaking to you.

@Jason *******

idiot . I’m way older than you but I’m fit as a fiddle and I’ll still be here in 30 years time unlike probably you .

The baht is too strong but you just can’t accept it .

@Harry ********

I’m sure you’re way older. You really are stuck in the 70’s sir.

The baht is too strong? Do you know that the 90% of the people all got more poorer as time went bye? Do you actually believe Thailand classified as a development country prices will still be low?

Wake up sir, we all agree the baht is strong, but you don’t look at the other dimensions that contributes to it.

@Paul *******

I know but they weren’t turmoil in 2003-2015 but the rate was higher on everyone of those 4380 days than it is now

@Harry ********

but the whole world has changed

@Paul *******

yes the point is why does the Thai baht never weaken however chaotic it is here in Thailand ? But the Downing Street cat gets a cold and the pound plummets

You say the worlds changed but why is the Thai baht unaffected ?

@Harry ********

it’s because they have massive foreign reserves

@Harry ********

because the Chinese are supposedly always investing here. How many times have you heard the Mono rail from Swampy to Pattaya banded about at 21 trillion baht? I heard it first 8 years ago.

@Philip ****

yeh whatever

@Duncan *******

Bitcoin is up 100% since last September

@Philip ****

That’s only in usd. BTC had a serious (35%) drop when Trump started backstabbing his allies and it still hasn’t recovered.

Its value compared to usd has risen, but that’s merely because the dollar dropped 15% or more to other major currencies.

The peak on the left side is 18 January. Higher than today.. (compared to Euro)

@Peter *********

it’s still $50k higher than on Election Day

@Philip ****

I still see YT vids of people recommending BTC but how many times can it multiply its price when its already over £100k?

Gold is flying atm but still waiting for XRP to bull

@Wayne ******

Probably $1m within 5 to 10 years

@Philip ****

Here’s USD compared to Euro (using Tether as reference - it closely follows the dollar). Peak on left is 12 January.

@Philip ****

Unless the encryption gets hacked and all bitcoin turn into vapor.

(I do have a substantial amount in btc and other crypto, but people need to be aware of the risks!)