Yep. When I got here 2 months ago the $100 USD exchanged at over $3650. When I got $100 in Baht yesterday it was $3220, and that was at SuperRich. That almost $15 per $100! It’s making me rethink the Retirement Visa for now…imagine transferring 800,000 Baht now and getting your a$$ kicked on that exchange, only for the USD to rebound when you eventually withdraw it. So you get hit both ways. 🤬
P.S. That $15 per $100 doesn’t even take in to account getting money out of an ATM here. Then add another almost $7 for the ATM fee plus whatever your bank charges, which is ANOTHER 1-2%! Altogether around a 25% decline!! So aggravating.
And yes, I know about Wise, Revolut, Fidelity and Charles Schwab…I was just using simple scenarios.
exactly. I figure from 2 months ago until now, the USD has lost about $150 per $1000 exchanged! That's a big hit, especially if you're having to put $800,000 baht in an account for a retirement visa...that's upwards of $2500 USD. Even on a $100/ night hotel room, that's roughly $12-$15 extra per night. That sh!t adds up over time, especially if you add $220 baht to it from withdrawal fees from ATMs. 🤦🏻♂️🤬
Yea, just can't get used to Thai food, so am spending more on food. You gotta love restaurants that charge people to cook their own food though!😄 I'm tempted to try it, but no idea how to do it.
what am I missing then? I just got back from Phuket last night. Once you translate the baht to the US dollar, the prices are virtually the same except on street food.
i’m not seeing where Thailand is so much cheaper like everybody says. Everything I see is relative pricewise if not a little more than in the US. I had chosen Ho Chi Minh City and Tokyo to check out. are there better alternatives? Thanks for the reply.