Posted by forex at 2:34 AM
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1. Access an Internet site, such as coinmill.com or exchange-rates.org, which show the current trading value of the rupee in relation to the baht. This is a complicated number that is constantly changing due to the markets of both countries and can also be affected by external forces. Knowing this exchange rate can help ensure you get the best deal for your exchange.
2. Shop around for the exchange business in your area which offers a rate that is the closest to the international monetary exchange rate. Generally, larger chains such as Forex will offer the most consistently reliable rates, but local banks and other known businesses may also be competitive.
3. Withdraw your money in baht at an ATM if necessary as a last resort, as your bank will most likely charge you a fee for this service as well as provide you a relatively poor interest rate. Never take money using a credit card advance, as these fees are excessively high and will often have much higher interest rates than regular ATM charges.