Saturday, February 02, 2013

Annual Baht value moan




Every time we have an upcoming trip back to Thailand I begin to monitor the value of the Thai baht against GB pound.

At the moment the pound is very strong and the pound is very weak! Not the best combination.

I always go back to 2005 when a pound was worth 75 baht, now it's around 48 baht. That's a 40% difference, which is again not a good situation. I tend to equate things like this to beer. Beer used to cost around a pound a pint, bearing in mind that prices have gone up with time and that same pint with inflation and the exchange rate is around £ 1.80. That's some increase...

The trick is to book any Hotels and Car Hire in pounds, providing the baht strengthen and the pound weakens then this is a safe bet.

This said we are still booking five star hotels for £80 a night and hiring a very smart SUV for only £32 a day, so Thailand is still a good value place to visit.

More on our trip later...


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