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The Pound taking a pounding


Hugh Phamism

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Hugh Phamism

The pound has dropped below $1,50 and is taking it hit against the ? and others.

 

If your heading abroad on your summer hols, everything just got a little more expensive.

 

Cue all the smuggies who bought their currency in advance...

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jimmyjambo

Off to Thailand in a couple of weeks so been keeping an eye on the thai baht, its down to around 46.5 bht to the ?, :snobby:

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Bollocks, me too. Although of what I've read up on it so far, you're much better getting your Thai currency while you're out there.

 

Explained well here http://www.tripadvis....And.Money.html

I agree its better to get the money out here... Gone though are the days of 70 baht to the pound when i first came here..

 

That was when Thailand was a cheap holiday

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I agree its better to get the money out here... Gone though are the days of 70 baht to the pound when i first came here..

 

That was when Thailand was a cheap holiday

 

As a quick follow on.. Since i live in and usually use only Thai banks for my salary and withdrawing money i have never thought much..

 

However i was buying a new phone recently and i only had my Bank of Scotland One Credit Card instead of my debit card from the same bank.. anyway i took out 10000 baht, just over 200 quid.. then i was charged 180 baht from the Thai bank.. ok... then when i checked my account online to transfer money i was charged over 6 quid for a foreign transaction then another 6 quid for a transaction not in sterling.. robbing barstewards... of course if its a foreign transaction its normally not in sterling..

 

I won't make that mistake again..

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These threads always make me wonder just how much money people spend on holidays. Since the start of June, the pound has dropped about 3% against the US dollar. If you are planning on spending ?1k on holiday in the US, for example, that only makes a difference of about 30 quid!

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Hugh Phamism

These threads always make me wonder just how much money people spend on holidays. Since the start of June, the pound has dropped about 3% against the US dollar. If you are planning on spending ?1k on holiday in the US, for example, that only makes a difference of about 30 quid!

 

I kinda agree. I'm off to San Francusco next week and although I'm aware that things are slightly more expensive, I won't be saying 'no' to another pint just cause its 25c more.

 

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These threads always make me wonder just how much money people spend on holidays. Since the start of June, the pound has dropped about 3% against the US dollar. If you are planning on spending ?1k on holiday in the US, for example, that only makes a difference of about 30 quid!

 

Yes, people seem to get their panties in a twist over a few pence in the pound. If folk are spending enough to notice the difference then they can afford the small hit.

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Jambo-Chappy

 

The pound has dropped below $1,50 and is taking it hit against the ? and others.

 

If your heading abroad on your summer hols, everything just got a little more expensive.

 

Cue all the smuggies who bought their currency in advance...

If you're off to Australia then the pound is presently buying about 20% more dollars than it was a few months ago. Oz$ is heading south at a great rate of knots.

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I agree its better to get the money out here... Gone though are the days of 70 baht to the pound when i first came here..

 

That was when Thailand was a cheap holiday

 

It still is.

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