If you’re planning a trip overseas in the near future, you might want to consider just how far those hard earned Aussie bucks are going to get you. Currently, the Australian dollar is labelled the fourth worst currency in the world, meaning exchange rates are grim.
Of course, travellers are feeling the pinch. However, due to the rising popularity of home exchange holidays, accommodation has actually never been so affordable. “Australians are losing up to $20 with every $100 US dollars spent, so any holiday savings you can make will have a noticeable impact,” said Debbie Wosskow, founder of Love Home Swap.
“As travel costs in major cities continue to rise, this year the average hotel room in San Francisco will set Australian travellers back $535. Dubai comes in at $374 and Tokyo at $267,” she adds.
What’s more, if you’re looking for something at the top end of the market, a five star hotel can set you back nearly $1000 per night in places like LA, London and Geneva. Talk about no bang for your buck! This is where home exchange really comes in handy. According to Debbie, the elimination of hotel bills can save the average Australian $5,750 per trip.
“We have more than 70,000 properties listed for home exchange on Love Home Swap from small and stylish to large and luxurious,” she advises. “If you’re looking for an international adventure and thought there wasn’t room in your budget with the dropping Aussie dollar, think again.”
If you’re still concerned about other costs, Skyscanner recently published a list of 7 destinations around the world where the Aussie dollar still holds its own. While places such as New York and London obviously didn’t make the cut, Russia, Canada, South Africa, Norway, Brazil, Argentina and Indonesia did.
Other hot tips include booking travel tickets in advance, avoiding airport currency change outlets (due to the higher fees) and opting to fly mid-week to nab cheaper airfares.
Where there is a will, there is a way, ladies! Happy travels.