Good news! 7 countries where the rand is stronger in 2019

 

2018 came with unsteady economic impact for South Africa – dealing with one of the world’s most volatile currencies, high petrol prices, and an increasing cost of living.

While a weaker rand is not good news for South African tourists looking to travel abroad, it may ultimately help boost tourism in the country as international travellers find that there dollars, euros and pounds stretch further.

However, despite a poor 2018 for the rand, there are still a number of countries where it is still relatively inexpensive for South Africans to travel in 2019.

Below  are seven countries where R1 is worth more than the local currency as at 3 January 2019.

Because direct currency conversion does not always give a good indication of the general cost of living, we also compared the cost of food, drinks and travel compared to what you would pay locally.

RUSSIA, (MOSCOW)

  • R1 will buy you: 4.76 Russian Rouble
  • Basic dinner out for two: R434 (руб 2,095)
  • Cappuccino: R51 (руб 245)
  • Beer (500 ml): R59 (руб 287)
  • Taxi trip on a business day (8 km): R123 (руб 595)

South Korea (Seoul)

  • R1 will buy you: 77.62 South Korean Won
  • Basic dinner out for two: R382 (₩29,712)
  • Cappuccino: R65 (₩5,025)
  • Beer (500 ml): R58 (₩4,532)
  • Taxi trip on a business day (8 km): R133 (₩10,329)

INDIA (NEW DELHI)

  • R1 will buy you: 4.84 Indian rupee
  • Basic dinner out for two: R339  (₨1,641)
  • Cappuccino: R52 (₨253)
  • Beer (500 ml): R52 (₨253)
  • Taxi trip on a business day (8 km): R46 (₨221)

Japan (Tokyo)

  • R1 will buy you: 7.35 Japanese Yen
  • Basic dinner out for two: R739 (¥5,613)
  • Cappuccino: R63 (¥476)
  • Beer (500 ml): R72 (¥545)
  • Taxi trip on a business day (8 km): R406 (¥3,083)

Mexico (Mexico City)

  • R1 will buy you: 1.35 Mexican Pesos
  • Basic dinner out for two: R413 (Mex$ 564)
  • Cappuccino: R30 (Mex$ 54)
  • Beer (500 ml): R31 (Mex$ 51)
  • Taxi trip on a business day (8 km): R71 (Mex$ 97)

Czech Republic (Prague)

  • R1 will buy you: 1.56 Czech Koruna
  • Basic dinner out for two: R310 ( 484 Kč)
  • Cappuccino: R39 (61 Kč)
  • Beer (500 ml): R24 (37 Kč)
  • Taxi trip on a business day (8 km): R167 (261 Kč)

Thailand (Bangkok)

  • R1 will buy you: 2.22 Thai Baht
  • Basic dinner out for two: R290 (653 ฿)
  • Cappuccino: R30 (93 ฿)
  • Beer (500 ml): R45 (102 ฿)
  • Taxi trip on a business day (8 km): R41 (93 ฿)

 

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