I know the interbank rate is not offered on THB. What bothers me is that in the past weeks, I have been following and comparing the EUR/THB rate, and it was indeed very close to the “interbank” rate. But today I noticed a sudden drop in the rate, and the exchange rate became unfavorable to a point where virtually all banks and currency exchange places had better rate than Revolut. A week ago and the time before that, Revolut had a significant advantage on the exchange rate.
I understand, that the exchange rate cannot be always so close to “interbank” rate, but it has gotten quite far from the “ballpark” it used to be.
Even the official “visa-europe” exchange rate was 50% better compared to revolut (Visa rate was around 1% over the “interbank” and revolut was approaching 2%)
I will be following how this changes, but suddenly my own banks Visa and local exchange shops offer better rates than Revolut does, which makes me wonder what happened.
Hopefully this will improve as this is the currency I most commonly use.