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    Thailand Relaxes Covid Rules for Tourists

    Global travel starts to revive so Thailand moves to revive its Economy after the pandemic.

    Updated: Mar 20, 2022  

    Foreign travelers don’t need to present a Covid-free certificate to get on flights starting April 1. However, you will still have to go through the RT-PCR test when you arrive and take an antigen test on the 5th day.

    The only caveat to this good news is that there is no reduction in the required cover of travel insurance to visit Thailand, which remains at US$20,000.

    Pubs and entertainment venues will remain closed. Though, the industry is demanding the reopening of these establishments.

    Authorities are working on a plan to classify the pandemic as endemic in the coming months but any progress towards it would depend on controlling the current outbreak before then.

    The government hasn’t stopped the Covid mask mandate or some of the restrictions imposed by Covid. These measures will remain in place until the outbreak has been tamed.

    Into the last quarter of 2022 the Thai baht remains weak at 18 year lows around the 37 level vs the US dollar.

    At this level the Thai baht represents good value for visitors now that Thailand has eased border controls to benefit from a rebound in global travel.

    Thailand announced 1 million tourists visited the country in July which shows the country is on track to returning to pre-Covid tourism levels.

    THB Forecasts

    DateUSD/THBChangePeriod
    18 Nov 2022
    35.75
    2.9% 2 Week
    03 Sep 2022
    36.66
    5.3% 3 Month
    02 Dec 2021
    33.85
    2.5% 1 Year
    03 Dec 2017
    32.64
    6.3% 5 Year
    04 Dec 2012
    30.67
    13.1% 10 Year
    07 Dec 2002
    43.66
    20.5% 20 Year
    USD/THB historic rates & change to 02-Dec-2022

    Over the course of the Covid shutdown the Thai baht dropped 20 percent versus the Aussie dollar representing good value for a favourite Australian South-east Asian destination.

    AUD-THB Forecasts

    DateAUD/THBChangePeriod
    18 Nov 2022
    23.86
    1.2% 2 Week
    03 Sep 2022
    24.98
    5.6% 3 Month
    02 Dec 2021
    23.99
    1.7% 1 Year
    03 Dec 2017
    24.77
    4.8% 5 Year
    04 Dec 2012
    32.13
    26.6% 10 Year
    07 Dec 2002
    24.48
    3.7% 20 Year
    AUD/THB historic rates & change to 02-Dec-2022

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    Posted under: #News #AUD #THB #USD
     

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.