laitimes

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

author:Taihuatong

On the morning of April 23, 2024, a number of media outlets in Thailand continued to publish:

Thai baht against the US dollar: 1:37:06, the Thai baht depreciated a record, a new low in 6 months.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

In addition, according to the "Thai Baht to RMB" exchange rate data released by Super Rich, a well-known foreign exchange company in Thailand, at 09:53 am on April 23, 2024, the Thai baht buying exchange rate reached 5.080 and the selling exchange rate reached 5.100.

Under the trend of great depreciation, the RMB has returned to the 1:5 era, and Chinese tourists to Thailand will also open the "super cost-effective" mode.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

The root causes of this depreciation of the Thai baht:

High U.S. interest rates have led investors to abandon safe-haven assets such as the U.S. dollar and precious metals, with U.S. Treasury yields surging and the U.S. dollar strengthening.

In the international currency market, the US dollar is becoming more and more rare and valuable, and the Thai baht is accumulating more and more, which eventually leads to a continuous depreciation effect.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

At the same time, affected by the strong US dollar, many Asian currencies have also been depreciating rapidly recently.

On April 22, Thailand's Ayutthaya Bank said on the trend of the Thai baht that it expects the exchange rate of the Thai baht against the US dollar to fluctuate between 36.65 and 37.25 this week.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

For Chinese tourists, the biggest advantage of the depreciation of the Thai baht is that it is more affordable to travel and shop, and buying Thai baht goods with RMB can have more sufficient exchange benefits, and this exchange rate advantage also helps foreigners to buy houses in Thailand.

Of course, for the groups that do business, start a business, work and live in Thailand, the depreciation of the Thai baht is undoubtedly affecting the "holders" by "shrinkage".

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

However, in such a situation of joy and prosperity, the total amount of money will increase significantly, and prosperity will surely benefit everyone, and then cover the depreciation effect of the Thai baht - as long as the total amount of income generated increases, then all walks of life and all groups in the same chain environment will get better and better.

And the bigger good news is that the "May Day Golden Week" is approaching, and a large number of Chinese tourists will be "crowded" to paralyze Thailand's airports again!

The peak of the tourism industry after the Songkran Festival is coming soon!

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

On April 19, 2024, Thai media quoted Ctrip as saying that during this year's May Day holiday, Chinese tourists are still busy traveling abroad, and Thailand is still a popular destination.

Unlike the previous Qingming Festival, Chinese people prefer short-distance travel.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

At the same time, compared with the same period in 2023, the popularity of Chinese tourists during the May Day holiday continues to rise.

Among them, domestic hotel accommodation and flight searches increased slightly, while outbound flight searches increased by 56% year-on-year.

According to experts, the above situation is due to the convenience of visas and the growth of air passenger traffic, and China's outbound tourism market is expected to grow rapidly this year and help the global tourism market recover.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

According to a forecast by the China Tourism Academy in February, the number of Chinese outbound tourists will reach 130 million in 2024.

According to Ctrip, the most popular destinations for Chinese outbound travel include Japan, Thailand, South Korea, Malaysia, Singapore, the United States, Indonesia, etc., and travel bookings in countries such as Saudi Arabia and Qatar have also increased compared with the same period last year.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

According to Tongcheng Travel reports, East and Southeast Asian destinations are still the first choice.

In addition, foreign tourists to China have continued to grow, mainly from Japan, the United States, South Korea and Canada, while the number of Thai tourists has also grown rapidly due to the visa-free policy.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day
The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

Not surprisingly, Chinese tourists come to Thailand on May Day just in time for the cost-effective welfare period of the depreciation of the Thai baht exchange rate, but it is worth noting that the safety of the tourism industry is still worthy of every tourist's vigilance.

First of all, the weather problem, I don't know what affected Thailand, this year is particularly hot!

Chinese tourists who come to Thailand in May must strictly prevent heat stroke and avoid staying in the hot environment for a long time to prevent physical discomfort.

After all, in Thailand this year, someone has already been killed by heat.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

On April 20, a 45-year-old Thai woman living alone in Maha Sarakham Province in northeastern Thailand was killed by heat at home under the baking at 44°C.

Although the doctor said that she had a chronic illness, the woman might not have died if it had not been for the heat.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

In addition to the high temperature, the problem of theft and robbery in Thailand is becoming more and more serious, and various related cases have begun to appear frequently.

Recently, a Chinese female tourist was robbed by a speeding car, and 50,000 Chanel bags and 110,000 cash disappeared in an instant.

Therefore, the common warning of "don't show your wealth when you go out" is not to restrict the freedom of dress for Chinese tourists, but that people are in a foreign land, and bad guys often hide in the shadows.

Any "gold chain around the neck" and "full of luxury" are likely to cause big trouble.

At present, the robbed Chinese female tourist has not recovered her property, and after calling the police, the Thai police have not found the suspect and recovered the property.

Worse focus: Chinese female tourists have returned to China....

Thailand's taxi is an old problem, and Thailand has not cured it at present.

Thailand.com's advice: Chinese tourists should download Grab and other ride-hailing software, if you have to use a taxi, then you should press the meter before getting on the bus, remember to get on the bus first and then ask for the meter.

Otherwise, in the local economic downturn, in order to pit more money, taxi drivers do not play the meter to detour + deliberately look for traffic jam opportunities, 100 baht of road fare, can soar down to 500, 10 minutes of driving, can be delayed to 5 hours.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

There is also a "big punishment" that is not taken seriously: once it is violated, the hotel will pay high compensation, and the whole Thai restaurant will be fined.

Chinese tourists eat durian in a hotel in Thailand, smoke, make aromatherapy, check out the next day, the hotel said, the room curtains, carpets, wall cloth all have the smell, although it is ninety percent new, but we will destroy all, Chinese tourists are fully responsible, need to compensate in full, tens of thousands of baht, hundreds of thousands of baht, have to compensate...

The same case can be seen in Thai restaurants, where no one is allowed to "smoke indoors", but the "good habit" that some Chinese tourists have developed is "must, deliberately, and firmly smoke indoors, and must also litter cigarette butts", this fine, starting at 2,000 baht at a time...

If you smoke on the beach, it starts at 100,000 baht.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

Finally, Thailand.com would like to remind Chinese tourists to be careful of the two major groups in Thailand: those crazy "ladyboys" and "foreigners".

Transgender people, large groups have naturally been recognized and respected by the entire Thai society, but those "shemales" who punch fiercely with muscles are even afraid of the Thai people themselves.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

Because of this, Chinese tourists need to stay away, not to make inappropriate jokes, not to slander, and not to get excited to "grab the ball" without saying a word.

People can look back and smile charmingly in front, and then they can swing their fists and elbows in anger. Take a good trip and come home with 10 stitches on your head, so why bother?

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

As for foreigners, they should be even more careful, in addition to the danger of violent tendencies, there is also the possibility of "spiritual pollution".

In the past month, foreigners have "applauded love" in various places in Thailand: beaches, seas, shopping malls, surfboards, roadsides.... And many places that human beings can't think of, as long as they can be in broad daylight, they will definitely make everyone know, regardless of the feelings of others....

Phuket has become the hardest hit area, and the sea has become the first choice.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

All in all, there are wonderful things every year, and every year there are more in Thailand.

In this country with a large gap between the rich and the poor, in this tourism center that brings together global cultures and tourists, whether you can imagine it or not, all kinds of things can happen here, both good and bad.

It is widely rumored that the average monthly salary of Siamese is 12,000-20,000 baht (that is, less than 4,000 yuan), so Chinese tourists who come from afar can use this rule to judge that they have been entertained at an equal price with hospitality, or have encountered the "yin and yang menu" of lambs to be slaughtered——

At every turn, the price of 50,000 baht and 100,000 baht for the Chinese is basically unaffordable and will not be easily bought by ordinary Thai people, so they specialize in tourists.

But those short-term profits are only consuming the long-term trust of the crowd.

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

However, the entire Thai tourism industry, with the efforts of countless tourism companies, tour guides, hoteliers, and service providers, is by no means a one-sided "good and bad" that can represent the whole of Thailand.

There are good and bad people everywhere, so the tourist community should not generalize the "good and bad people" they encounter as "there are only good and bad people in Thailand", and in the same way, there will be no good or only bad things in Thailand.

Properly treated, Thailand is an ordinary country, with a glow of pride and a bleakness that it does not want to perpetuate.

For this reason, if tourists want to explore the real Thailand, they should not rely on overly imagined expectations, but on the reason after experiencing it firsthand.

Now that there is a permanent visa-free and a cost-effective Thai baht exchange rate, tourists who like Thailand, rush!

The Thai baht has depreciated dramatically and broken records! The renminbi has returned to 1:5! Chinese tourists will be crowded on May Day

Text: Thai Mesh Cloth Week Ten Faces

Read on