What is Foreign Exchange Rate?
The foreign exchange rate is the value of a country’s currency vs. that of another country. In the case of Australia and Thailand. Exchange rates are free-floating and can rise or fall anytime based on global supply and demand – factors that we naturally can’t control.
CosMediTour Packages Are Based on Thai Baht
For ease of understanding, all of CosMediTour’s surgery package prices are advertised in Australian Dollars (AUD). Our published surgery costs and packages equal $1 AUD = 23 THB. Our package inclusions, hospital, surgeon fees and hotels are paid for in THB in Thailand.
So what does this mean for the cost of my package and invoice?
When you pay your initial deposit to secure your surgery with CosMediTour, it will lock in your package price, however, it will not lock in the current exchange rate. Because exchange rates fluctuate over time, it’s not until your package price is paid in full, that we can lock in a final exchange rate. In some cases, this may mean that an adjustment (surcharge) may be required to cover the cost difference.
How does CosMediTour determine the exchange rate?
CosMediTour uses an exchange rate based on the International Telegraphic Transfer rate set by our bank, Westpac. The rate is continually updated and published here
What exchange rate will be used for my final invoice?
The FX rate will be calculated when you are ready to pay your invoice in full. Contact your Client Support team on 1300 000 633 when you are ready to pay and what the FX will be.
The table below shows an example to illustrate how different FX rates will impact the cost of your package or procedure. Please note that this is for informational purposes only and does not reflect real-time exchange rates or fees.
Example Package & Procedure Costs |
THB Exchange Rate Fee @23 |
THB Exchange Rate Fee @22.5 |
THB Exchange Rate Fee @22 |
THB Exchange Rate Fee @21.5 |
THB Exchange Rate Fee @21 |
THB Exchange Rate Fee @20.5 |
$6,990.00 | $0.00 | $155.00 | $317.00 | $488.00 | $665.00 | $1,028.00 |
$8,990.00 | $0.00 | $199.00 | $408.00 | $627.00 | $856.00 | $1,322.00 |
$10,990.00 | $0.00 | $244.00 | $499.00 | $767.00 | $1,046.00 | $1,617.00 |
$15,990.00 | $0.00 | $355.00 | $727.00 | $1,115.00 | $1,522.00 | $2,352.00 |
$20,990.00 | $0.00 | $466.00 | $954.00 | $1,464.00 | $1,999.00 | $3,088.00 |
$25,990.00 | $0.00 | $577.00 | $1,181.00 | $1,813.00 | $2,475.00 | $3,823.00 |
$30,990.00 | $0.00 | $688.00 | $1,408.00 | $2,162.00 | $2,951.00 | $4,559.00 |
I have a question…
Our Client Support team is here to help on 1300 00 633.