You have just landed in Thailand for a holiday at Suvarnabhumi Intenational Airport. After passing through immigration, despite knowing that the FX dealers at the airport give the worst rates, you need to exchange some AUD into Thai Baht (THB) to take the BTS SkyTrain into downtown Bankgok. You decide to exchange half of the AUD $1,000 you have brought and so check the AUD/THB rate at two FX dealer kiosks in front you: Siam Commercial Bank: SCB CURRENCY EXCHANGE RATES | All Currencles Lastest FX Rates Currency Cakulator Credt Card (DCC) Historical FX Rabes21/05/2018 Unr 8-12 0942 10-14 13 124 Foreign Currencies D/D & T/T Export Sight Bill T/Chgs. & Chs Notes 7.3837537.25375 37.18625 2.4325 MALAYSIAN RINGGIT 97875 4.933 00241 .00198 Bangkok Bank: Bangkok Bank Personal Banking Business Banking About Bangkok Bank Investor Relations Bangkok Bank >Personal Banking > Currency Exchange Currency Exchange Foreign Exchange Rates Graplh Notes & Drafts | Refresh 1Print Update Travelers' Cheques 21 May 2012:12:40Go FX Booths Selling Bank Note Currency Description Buying Rates Buying Rates Selling RatesSight Bill TT Bill-DD-TT USD1 USD: 1-2 2.35 USD5USD: 5-20 31.40 1.80 32.07 2.37 USD50 USD: 50-100 GBP United Kingdom 42.37 42.81250 42.92500 44.09 43.78250 Euro Zone 37.21 37.39750 EUR 38.37 37.48750 38.21500 JPY Japan (:100) 28.35 28.55250 29.38750 29.49 28.62000 HKD Hong Kong 4.06250 4.07750 .13250 MYR Malaysia .95750 8.22 8.00250 8.21500 SGD Singapore 24.32 24.22000 23.64500 23.71000 BND Brune China .94250 5.09500 CNY 4.98750 IDRIndonesia (:1000) 2.15275 2.18085 2.36250 MMK Myanmar (:100) 2.42500 INRIndia: 50-1000 0.49500 KRW Korea 0.0270 0.0321 LAK Laos(:1000) PHP Philippines 0.63000 TWD Tawan AUD Australia 24.86 24.55500 23.53 23.78750 23.86000 NZD New Zealand 23.06 21.93000 22.00000 22.53000 2.69 1.79250 31.89250 Switzerland 1.35 CHF 32.58250 5.13500 5.01750 5.03250 4.84 DKK NOK Norway 3.91500 3.92750 4.00250 SEK 3.63500 3.64500 3.71250 en 24.46 CAD Canada 24.72750 24.78250 RUB 0.53 0.38 VND Vietnam (1000) South Africa ZAR 2.53 United Arab Emirate AED 8.82 BD Bahrain 85.75 Sorting through all the different currency rates is a challenge and after a while you find the the Australian Exchange rates for both Bangkok Bank and Siam Commerical Bank. There are also different rates for different ways you can do foreign exchange: not apply to DD:Direct Debvit, TT: Telegraphic Transfer (both electronic forms of FX betweon bank accounts that you does not apply to you as you have bank notes to chango) to you a tourist), Export Sight Bills: For international trade (not relevant to you a touist), T/Chas: Travelers Cheques (not relevant as you have bank notes) The appropriate rates are for Bank notes exchange and these two banks prowider dealer bid and asks. The appropriate FX rates for Aussie Dollar Thal Baht are: Siam Commercial Bank: Bid (Buying) 23.4025 / Ask (Selling) 24.38625 # | Bangkok Bank Bid (Buying) 23.53 / Ask (Selling) 24.86 # Choose.currency. THB is and AUD is the Choose- Choose (hint: a Term their retai which is the stronger cumency the AUD ar THB, to identify cieary which is commodity and term The banks do not express t rates in the standard wholesale, inter bank format of AUDUSD or EUR/US as your hav ve seen in Yahoo Commodity You have just landed in Thailand for a holiday at Suvarnabhumi Intenational Airport. After passing through immigration, despite knowing that the FX dealers at the airport give the worst rates, you need to exchange some AUD into Thai Baht (THB) to take the BTS SkyTrain into downtown Bankgok. You decide to exchange half of the AUD $1,000 you have brought and so check the AUD/THB rate at two FX dealer kiosks in front you: Siam Commercial Bank: SCB CURRENCY EXCHANGE RATES | All Currencles Lastest FX Rates Currency Cakulator Credt Card (DCC) Historical FX Rabes21/05/2018 Unr 8-12 0942 10-14 13 124 Foreign Currencies D/D & T/T Export Sight Bill T/Chgs. & Chs Notes 7.3837537.25375 37.18625 2.4325 MALAYSIAN RINGGIT 97875 4.933 00241 .00198 Bangkok Bank: Bangkok Bank Personal Banking Business Banking About Bangkok Bank Investor Relations Bangkok Bank >Personal Banking > Currency Exchange Currency Exchange Foreign Exchange Rates Graplh Notes & Drafts | Refresh 1Print Update Travelers' Cheques 21 May 2012:12:40Go FX Booths Selling Bank Note Currency Description Buying Rates Buying Rates Selling RatesSight Bill TT Bill-DD-TT USD1 USD: 1-2 2.35 USD5USD: 5-20 31.40 1.80 32.07 2.37 USD50 USD: 50-100 GBP United Kingdom 42.37 42.81250 42.92500 44.09 43.78250 Euro Zone 37.21 37.39750 EUR 38.37 37.48750 38.21500 JPY Japan (:100) 28.35 28.55250 29.38750 29.49 28.62000 HKD Hong Kong 4.06250 4.07750 .13250 MYR Malaysia .95750 8.22 8.00250 8.21500 SGD Singapore 24.32 24.22000 23.64500 23.71000 BND Brune China .94250 5.09500 CNY 4.98750 IDRIndonesia (:1000) 2.15275 2.18085 2.36250 MMK Myanmar (:100) 2.42500 INRIndia: 50-1000 0.49500 KRW Korea 0.0270 0.0321 LAK Laos(:1000) PHP Philippines 0.63000 TWD Tawan AUD Australia 24.86 24.55500 23.53 23.78750 23.86000 NZD New Zealand 23.06 21.93000 22.00000 22.53000 2.69 1.79250 31.89250 Switzerland 1.35 CHF 32.58250 5.13500 5.01750 5.03250 4.84 DKK NOK Norway 3.91500 3.92750 4.00250 SEK 3.63500 3.64500 3.71250 en 24.46 CAD Canada 24.72750 24.78250 RUB 0.53 0.38 VND Vietnam (1000) South Africa ZAR 2.53 United Arab Emirate AED 8.82 BD Bahrain 85.75 Sorting through all the different currency rates is a challenge and after a while you find the the Australian Exchange rates for both Bangkok Bank and Siam Commerical Bank. There are also different rates for different ways you can do foreign exchange: not apply to DD:Direct Debvit, TT: Telegraphic Transfer (both electronic forms of FX betweon bank accounts that you does not apply to you as you have bank notes to chango) to you a tourist), Export Sight Bills: For international trade (not relevant to you a touist), T/Chas: Travelers Cheques (not relevant as you have bank notes) The appropriate rates are for Bank notes exchange and these two banks prowider dealer bid and asks. The appropriate FX rates for Aussie Dollar Thal Baht are: Siam Commercial Bank: Bid (Buying) 23.4025 / Ask (Selling) 24.38625 # | Bangkok Bank Bid (Buying) 23.53 / Ask (Selling) 24.86 # Choose.currency. THB is and AUD is the Choose- Choose (hint: a Term their retai which is the stronger cumency the AUD ar THB, to identify cieary which is commodity and term The banks do not express t rates in the standard wholesale, inter bank format of AUDUSD or EUR/US as your hav ve seen in Yahoo Commodity
