unit731 Posted March 11, 2009 Report Share Posted March 11, 2009 OK, so I only got a B- in Economics. But to the question. On these exchange rate charts/websites. What is the difference in (this case the baht) buying and selling price? If I take my Euro/Pound/Dollar up to the bank on Sukhumvit - I get the lower of the two numbers? Link to comment Share on other sites More sharing options...
drogon Posted March 11, 2009 Report Share Posted March 11, 2009 You get the buying rate in this case. If you want to buy some $/euros with your baht then the bank will the use the "selling rates". You will always have buy/sell rates as tourist/expat.....and when bringing euros/pounds/dollars to exchange for baht -> sadly the "buying" rate is always the lowest of the two. Not to mistake with currency exchange websites like this one http://www.fxstreet.com/rates-charts/currency-rates/ which are the currency exchange markets "rates". Link to comment Share on other sites More sharing options...
HeartThais Posted March 11, 2009 Report Share Posted March 11, 2009 In any currency transaction, the easiest way for me to remember: whether buying or selling, you always get the rate that you don't want. Link to comment Share on other sites More sharing options...
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