Just read this blog and I’m in the exact same boat. Currently the NZ Dollar is .65 US Cents. That’s the general exchange rate, but once you go to your bank or whatever and exchange it it ends up being about .63c 😦
I guess travel ends up being more special if you save so much for it. But still, this is so depressing!
I absolutely love travelling – the actual travelling, dreaming about travelling, planning travel.. all of it. But there is one thing I absolutely HATE about it – exchange rates. The New Zealand dollar is typically not very strong against most major currencies, but recently, it’s dropped a lot which makes it even more expensive to travel.
When I went to the states last year, the NZ Dollar was buying .88 US Dollars. 8 months later and that has now dropped to .66 USD. I exchanged $3,000NZD today and got a measly $1,992USD. It’s not just the US Dollar that’s so low either – the Pound and Euro rates are more than depressing; .40 and.60 respectively. I desperately want to go to Europe one day but having to save up double the amount you want to exchange makes it less appealing. Our dollar almost hit parity with the Australian dollar earlier…
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