Quick Contact
31st May 2017
Picking your next holiday destination is not always an easy decision - there are just so many wonderful, amazing places to see. Do you revisit an old faithful or do you try somewhere new? Do you discover your own country or go international? Decisions, decisions, decisions.
Well, maybe your wallet should be your decision-maker. With international airfares being more affordable than ever before, and accommodation options ranging from backpacker to 5-star, the world really is your oyster. But, there are some countries where your Aussie dollar will stretch further than it will in others, so here are 5 destinations that will be easy(ier) on your wallet!
United Kingdom
It’s usually seen as an expensive destination for Aussies – especially if you're spending time in London. But with a greater number of flight options available and an improved exchange rate, visiting the UK is more affordable these days.
Sign up for currency alerts to ensure you get bang for your buck. Exchanging AUD into GBP at the right time will help you save on accommodation, sightseeing and all those pints you plan to buy.
Sweden
Compared to some countries in Europe, Sweden can be an expensive place to explore. However, the AUD exchange rate with the Swedish Krona (SEK) is looking relatively strong lately. If you want to discover some of the most amazing natural beauty in the world, explore walled medieval cities and seaside fortresses, experience dog sledding and see reindeer, it's a good time to add Sweden to your bucket list.
Deciding how much money to carry in Europe depends on your destination. To ensure you have enough cash saved up, be sure to read our blog How Much Money Do I Need to Travel in Europe?
Japan
With so much tradition, culture and quirky experiences on offer, Japan has become an increasingly popular holiday destination for Australians. So why not consider Japan for your next ski holiday?
Renowned for its heavy snowfalls throughout winter, fantastic accommodation choices and ski runs for all skill levels, the city of Niseko is a top winter destination. Plus, if you cash in on Japanese Yen when the exchange rate is good, so you'll have more Yen at your disposal for lift passes, ski lessons or maybe a heli-ski!
Canada
Flights to Canada have been dropping steadily for the last few years (providing you book with plenty of time up your sleeve). CAD stacks up pretty evenly against the Aussie dollar, so you won’t have to worry about losing a ton of your savings to an unfavourable exchange rate.
Lower airfares and more loonies in your pocket - how can Canada not be an option for a wallet-friendly holiday?
Indonesia
Aussies sure do love Bali. With cheap food and drinks, stunning scenery, flights from every major Australian city, and a tranquil island vibe, Bali is the staple diet of the Australian traveller.
Affordability is another factor in Bali’s popularity. As long as you’re careful to avoid getting caught out by tourist traps, you can have a great time in Bali without breaking the bank. Check out the Indonesian rupiah exchange rate to see how far your savings are likely to stretch.
While the Aussie dollar has remained pretty steady over the past few months, there are a lot of global political and economic factors that are affecting other countries and currencies at the moment, so exchange rates are constantly changing.
If you’re budget-conscious when it comes to planning holidays, it's a good idea to organise your money ahead of time. Chat to our FXperts at Travel Money Oz about how to protect yourself against exchange rate volatility, and what destinations might get you the most bang for your buck!
* Exchange rates are subject to change without notice. This blog is provided for information only and does not take into consideration your objectives, financial situation or needs. You should consider whether the information and suggestions contained in any blog entry are appropriate for you, having regard to your own objectives, financial situation and needs. While we take reasonable care in providing the blog, we give no warranties or representations that it is complete or accurate, or is appropriate for you. We are not liable for any loss caused, whether due to negligence or otherwise, arising from use of, or reliance on, the information and/or suggestions contained in this blog.
This blog is provided for information only and does not take into consideration your objectives, financial situation or needs. You should consider whether the information and suggestions contained in any blog entry are appropriate for you, having regard to your own objectives, financial situation and needs. While we take reasonable care in providing the blog, we give no warranties or representations that it is complete or accurate, or is appropriate for you. We are not liable for any loss caused, whether due to negligence or otherwise, arising from use of, or reliance on, the information and/or suggestions contained in this blog.
