The exchange rate of USD to Baht is now 1$ = 31.63 Baht. This is horrible.

Anyone else notice how Powell’s rate cut talk gave non-tech stocks like JPM, XOM, and CAT a nice boost? Kind of funny since tech usually steals the spotlight. Got me thinking how shifts like this affect where we put our money while living in Thailand on the DTV, especially when we’re all trying to stretch our baht a little further. Do you guys invest back home while enjoying life here, or just keep it simple and focus on Thailand life?

Kind of strategizing about how to do this.

From US - living now in Thailand- I put in 800,000 in Bangkok bank and will be getting non-O retirement visa end of next month - all squared away.

I also started putting 65,000 THB in every month - probably prematurely already done for 2 months, but was planning on doing that as well for a year - so that I can take back out the 800,000 THB the next cycle (and continue to put in 65,000).

That ties up a lot of money that could be drawing interest - and exposure to the vagaries of the Thai Bhat - and if I keep going ahead with this I wonder whats the best way to get it back out?

I assume they just want it consistently going in- don't care too much how it goes out. I can use the debit card all i can, of course expenses here that are in THB... But wondering about going direct through the bank/debit card for things that are in dollars.... will I eat a lot of exchange fee this way? Vs, transferring some of it back to a US bank through Wise the other way around. And I guess making cash withdrawels and exchanging for dollars at money places before I'd go back to the US perhaps - which would be infrequent.

Thoughts?