Hot Right Now - 5 Destinations to Visit Before Rates Change

It's no secret, we love making our dollar stretch further. Because why wouldn't you want to get more bang for your buck while travelling overseas? Getting a great exchange rate could mean you can squeeze in some extra holiday experiences, or even just shout you a real nice meal that you don't have to worry about.

And you might remember, earlier this year there was massive buzz around the Japanese Yen, which at its peak, meant customers could get approximately 22,888* more Japanese Yen when exchanging $2000 - a difference of about $266* Aussie dollars! This has now dropped back down to a difference of about $70 AUD* based on the same time last year, which is still pretty great considering just a few years back you'd be getting much less.

But there are some other really interesting movements in the currency market at the moment, making these destinations even more attractive for Aussie travellers...

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South Korea has been booming in popularity - from K-Pop to K-Dramas to K-Beauty sweeping all over social media. And now would be a great time to get to Seoul for a skincare shopping haul, because the AUD to South Korean Won (KRW) exchange rate is up 7% compared to last year.

So for $2000 Aussie dollars, you'd be getting an extra 131,720 KRW - or about $144 extra Aussie dollars worth to spend on snail mucin and concert tickets.*

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Or, alternatively, if you wanted to live your best Moana life, the beautiful island paradise that is the Cook Islands also uses the New Zealand dollar, making that dream even dreamier.

As with New Zealand, you’d be getting about $43 Australian Dollars worth more in value, and that’s basically a free stand up paddleboard rental!*

So, whether you're exploring ancient ruins, skiing in the mountains, or enjoying a tropical paradise, these destinations offer incredible value for your Aussie dollar right now - making it the perfect time to turn your travel dreams into reality.

DISCLAIMERS
*Rates and calculations using mid-market rate from xe.com at 1pm AEST 20 November 2024- subject to change. The rates used in the calculations are based on market rate for consistency across historical data, not retail rates available to the public. Retail rates are subject to change, and online rates are not available in store. 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.