01 April 2007

The Power of the Exchange Rate

The DOLLAR has seen a huge drop in the past 13 months:
Feb 2006 $1 = 39.34 THB
Mar 2007 $1 = 32.34 THB

This means that it costs about 20% more for me to live here NOW than it did in February of last year. Let me give you some real-life examples:

ITEMFeb 2006March 2007
Fried Rice$__.51$__.61
Bus to Bangkok__8.90_10.72

That's pretty incredible. A this rate, I'll need DOUBLE the amount of money to live on by about May 2010!

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