Go Back  Fodor's Travel Talk Forums > Destinations > Asia
Reload this Page >

Best currency exchange in BKK and Chiang Mai

Search

Best currency exchange in BKK and Chiang Mai

Thread Tools
 
Search this Thread
 
Old Aug 6th, 2007, 02:30 PM
  #1  
Original Poster
 
Join Date: Jul 2007
Posts: 7
Likes: 0
Received 0 Likes on 0 Posts
Best currency exchange in BKK and Chiang Mai

Aloha and thanks to all who have advised on upcoming trip. Will be in Thailand, LP and Vietnam.

Does anyone know what current exchange rate is in BKK and good place to exchange.

How about Chang Mai a good place to exchange there and is rate usually same in both Bkk and Chiang Mai?

How about LP?

Thanks Much appreciated,

melloinmaui is offline  
Old Aug 6th, 2007, 02:44 PM
  #2  
 
Join Date: Jul 2003
Posts: 11,334
Likes: 0
Received 0 Likes on 0 Posts
There is no one set exchange rate, and it will vary from place to place. I like to go (in BKK) to a place called Siam Exchange. It is located close to Siam Discovery mall. I always get the best rate there. I did get a competitive rate at the small exchange booth on the second floor of the Siam Paragon Mall. Their rate was better than the one on first floor at MBK mall.

Can't say for Chiang Mai. I've exchanged at a regular bank there, not at any small exchange counters.

No experience with Vietnam at all.
simpsonc510 is offline  
Old Aug 6th, 2007, 03:38 PM
  #3  
 
Join Date: Jan 2003
Posts: 33,288
Likes: 0
Received 0 Likes on 0 Posts
All of the exchange windows will have very close to the same exchange rate (we're talking differences of several hundreths of a baht) in Bangkok and in CM. The rates will vary from day to day. Because I have an ATM card that has no charge to use a foreign ATM and it does not have a percentage charge for foreign exchange, I got the best rate via ATM, but only slightly better than US$100 bills. Travelers checks are often listed as having a slightly better exchange rate, but there is a charge for exchanging travelers checks, so ultimately you get a bit less money for travelers checks than you do for US$100 bills. Even the bank and exchange windows at the Bangkok airport give good exchange rates.

In LP the exchanges are all similar in rates. When I was there a few years ago, there were no banks and you exchanged money at the post office!

In VN, I used cash machines. I found that the banks had similar rates.

This is not at all like Europe, where one exchange window will differ markedly from another.
Kathie is offline  
Old Aug 6th, 2007, 04:27 PM
  #4  
 
Join Date: Jul 2003
Posts: 11,334
Likes: 0
Received 0 Likes on 0 Posts
When I was just in BKK a few weeks ago, the best exch rate I got was 33.2 baht per US $1. I used $100 bills. On that same day, I saw 31.98 at another walk-up window. Or it could have been in Gaysorn Plaza. Anyway, do shop around.

Carol
simpsonc510 is offline  
Old Aug 6th, 2007, 06:12 PM
  #5  
 
Join Date: Jan 2003
Posts: 33,288
Likes: 0
Received 0 Likes on 0 Posts
That's about a 3.7% difference in exchange rates. I have to admit that I've never seen that large a difference in Bangkok. Except at hotels - which always much worse than elsewhere. (By the way, mello, I believe Carol, she's a reliable reporter.)
Kathie is offline  
Old Aug 6th, 2007, 06:28 PM
  #6  
 
Join Date: Jul 2003
Posts: 11,334
Likes: 0
Received 0 Likes on 0 Posts
Kathie

I've consistently gotten the best rate at Siam exchange. It is always better than every other place I check. It's a bit out of the way, so most folks don't go there I guess.
simpsonc510 is offline  
Old Aug 6th, 2007, 11:40 PM
  #7  
 
Join Date: Aug 2003
Posts: 2,120
Likes: 0
Received 0 Likes on 0 Posts
i usually go to super rich, next to the big c.
i thought siam exchange is everywhere, like in big c, and even on suk soi 11.

unless you are changing large dollar sums, i rec. you use the atm, safer.

presently, the b is strong, but still, bangkok is a bargin.

a friend just came back from italy, and his cab fare from the airport to his hotel in rome was 80 e. an average dinner was 30e per person. i paid 65e from paris to cdg.



kuranosuke is offline  
Related Topics
Thread
Original Poster
Forum
Replies
Last Post
Roce48
Europe
31
Jul 30th, 2010 09:53 AM
Kathie
Asia
15
Nov 1st, 2008 07:02 PM
matt817
Asia
15
Aug 13th, 2008 06:30 PM
robyn_tania
Europe
13
May 15th, 2007 08:56 PM
seeksocean
Asia
4
Nov 9th, 2005 11:55 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On



Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Do Not Sell or Share My Personal Information -