Euro in the ups and downs: Where vacationers now get more or less for their money
Euro in the ups and downs: Where vacationers now get more or less for their money
Argentinien - The importance of exchange courses for travelers cannot be assessed high enough. A strong euro means getting more for your own money on vacation. Current analyzes for which the technology company Wise is responsible for showing how the purchasing power of the euro has developed over the course of last year in different countries.
travelers who are preparing for their next vacation should not ignore the exchange rates. A strong euro can have significant advantages, be it through cheaper gastronomy, accommodations or activities. It is therefore of central importance to identify the countries in which the euro is currently strong.
The best countries for strong euro buyers
According to Wise's findings, the euro has developed particularly strongly in Argentina. Where a year ago you received 372 Argentine pesos for one euro, there are now an impressive 1,073 pesos - an impressive increase of around 65 percent. Egypt also shows a gratifying development where the euro has gained around 39 percent in value, so that travelers can now receive 54 Egyptian pounds for one euro compared to the £ 33 of the previous year.
The following countries currently have the strongest growth:
| 1. | Argentina | 65 percent |
| 2. | Egypt | 39 percent |
| 3. | Türkiye | 23 percent |
| 4. | Mexico and Brazil | 15 percent |
| 5. | Angola | 14 percent |
countries in which the euro becomes weaker
In contrast to the positive trend in Argentina and Egypt, there are also countries where the euro has lost purchasing power. In both Poles and in Kenya, travelers had to expect a loss of value of around eight percent. Albania also shows a negative development, here the Albanian LEK has increased by about seven percent compared to the euro, which means that vacationers get less for their money.other countries in which the euro has lost value are:
| 1. | Poland and Kenya | -8 percent |
| 2. | Albania | -7 percent |
| 3. | kuba | -6 percent |
| 4. | Sweden and Thailand | -5 percent |
| 5. | combined kingdom | -4 percent |
These developments show how important it is to find out about the current exchange rates before starting the trip. In addition, the inflation rates in many countries have also increased, which can also influence the pricing on site. Thomas Adamski von Wise reminds travelers that a clever handling of currency changes is crucial to bypass the hidden costs on exchange offices or banks.
Whether vacation destination or investment, especially in times of fluctuating currencies, such information can be crucial to get the best out of your travel budget. To be informed at an early stage and plan to plan cleverly can help to be financially better off when it comes to exploring new countries.
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| Ort | Argentinien |
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