Finding the best currency exchange rates is one of the main considerations when going on a holiday overseas. Of course, you want to get the most out of your hard-earned money, that’s why it is important to look for a travel destination that meets your needs without breaking the bank. In this list, we’ve rounded up six holiday locations that offer the best foreign exchange rates for Australians:
1. South Africa
Australian dollar is strong in South Africa. Just avoid currency exchange outlets in airports. These come with higher fees and commissions and therefore not the best way to exchange money. A trip to South Africa can include a safari in Kruger National Park. You can also go bungee jumping, sky diving, hiking, as well as swimming with sharks if you’re feeling adventurous.
Australian dollar has been posting a steady increase against Brazilian real, making Brazil a great travel destination that offers the best currency exchange rates. To save money, turn off your mobile global roaming and buy a local SIM card. Consider taking a trip to Copacabana beach and other beautiful beaches of Brazil.
There’s no significant change in exchange rates against Canadian dollar, so this country is still a great travel destination for Australians. Save even more money by paying the essentials before you arrive in Canada to avoid any foreign exchange fees. There are a lot to see and do in Canada. Visit Alberta for the prairie lands. There’s also British Columbia in the western part and Quebec in the east.
Since mid-2013, the Australian dollar has been strong against the Argentine Peso, so you may want to consider Argentina as your next travel destination. Should you want to rent a car, make sure to return it in the same country. You will pay a lot of dollars if you cross borders.
5. New Zealand
The Australian dollar has been steady in New Zealand, that’s why it’s a favorite destination. In fact, Australians account for the largest inbound tourism market in New Zealand. It is also more accessible now with additional flights from a few budget airlines.
The last few years had seen a dip in Indonesian Rupiah against Australian dollar, so Australians can get the most out of their money when they go on a beach holiday in Indonesia. You can also go shopping in Jakarta or Surabaya. One money-saving tip is to plan early to get bargain flights and accommodation.
Got other ideas on travel destinations that offer the best currency exchange rates for Australians? Share your insights in the comments section.