Today was a good example.
Below are the purchases I made with my Capital One Credit Card. Four different purchases in a period of 6 hours. The exchange rate must have varied today (although I don’t understand how because when we are making these purchases, the US money market is closed).
This is one of those days I refer to as a rate anomaly because there is no explanation as to why the rates varied so much. I understand that currency conversion rates vary, but this doesn’t make sense.
I received 33.29, 33.28, 33.55, and 33.54 baht/USD today.
I also need to use my Chase Credit Card for other purchases that needed to be kept separate.
I received 33.42 baht/USD. In the middle of the charges on Capital One Credit Card.
And when I was finished with my shopping (and my coffee) I snapped a picture of the TT Exchange Booth (known for excellent rates).
The rate today was 33.53 baht/USD!