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As the value of the Australian Dollar strengthens, more and more destinations are becoming affordable for Australians eager to travel overseas. An annual list released by Expedia.com.au, together with foreign exchange specialist HiFX, lists the top ten destinations where the AUD has gotten stronger over the last year. Included in the listing are South Africa, Vietnam, and South Korea, along with the USA and the United Kingdom.
The Australian Dollar’s strong performance versus a number of foreign currencies makes it an ideal time for Australians to travel abroad, says Arthur Hoffman, managing director of Expedia Asia Pacific. The US Dollar and the British Pound are now nearly 13% and 14% weaker respectively than the Australian Dollar since July 2007. Bottom line, the stronger Australian Dollar makes travel not only more affordable but also affords Australians the extra dollar to splurge on travel items like accommodation, airline class or car rentals, adds Hoffman.
Others countries in the top ten are China, Argentina, Chile, Indonesia, and New Zealand.
Source: Travelmole at www.travelmole.com
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