The Thai Baht buy back rates below were last updated 6 minutes ago
It used to be worth your while to change any remaining Thai Baht back into Pounds while you were still in Thailand. The Thai government maintained two exchange rates: one for internal money transactions within Thailand and one for international use. These exchange rates are now identical but the transactions within Thailand attract quite large commission fees which you will not have to pay here in the UK if you sell the currency online. If you do bring back leftover Thai Bahts though, don’t take them to the high street. You will get a better deal by selling them back to a licenced currency broker who can offer you a much better deal than your bank or local travel agent. Use our unique currency comparison table above to compare today’s best Thai Baht buy back deals and see how much you could save by selling online.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Thai Baht buy back rate has improved by 0.40% from last Monday's rate of 44.341 to today's rate of 44.1630 which means ฿5000 is worth £0.45 more today than it did a week ago. During this period the worst time to sell was on Monday at 44.341 and the best time to sell was on Tuesday at 44.033.
The 90 day outlook has seen the Thai Baht buy back rate improve by 6.84% from 47.407 on 26th July 2016 to 44.1630 today. Based on these figures, ฿5000 is worth £7.75 more today than it did three months ago. The worst buy back rate we recorded was 47.922 on 11th September 2016 and the best buy back rate we recorded was 44.033 on 18th October 2016.
Posted by Matthew Weston on 21st October 2016
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