Bali Discovery Tours: Homepage
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Home Bali Contact Bali Practicalities Bali News Bali Services Bali Transportation Bali Sports Bali Excursions Bali Villas Bali Hotels
Home · News · Cost of Bali Holiday Increases as Euro Declines
Bali Hotels, Bali Villas and Bali News from balidiscovery.com
Bali Hotels
Bali Villas
Special Deals!
Packages
MICE Handling
Bali Excursions
Culinary - Dining
Guided Tour
Bali Spas
Bali Sports
Diving
Golf
Bali Transportation
Car Rental - Selft Drive
Private Jet Charter
Bali News
Bali Services
Bali Practicalities
Bali Contact
Bali Career
Home
 
Bali Update
Subscribe to our free weekly newsletter!
 
PATA header
PATA Gold Award 2007
Bali Update
PATA Gold Award Winner 2007
 
Bali Contact
Bali Discovery Tours
Komplek Pertokoan
Sanur Raya No. 27
Jl. By Pass Ngurah Rai,
Sanur, Bali, Indonesia

Tel:
++62 361 286 283

Fax:
++62 361 286 284

U.S.A. Fax:(toll free)
1-800-506-8633

U.K. Fax:
++44-20-7000-1235

Australian Fax:
++61-2-94750419

24h:
++62 812 3819724

Bali Discovery

SITE PATA ASITA
Bali News

Cost of Bali Holiday Increases as Euro Declines

Bali By The Numbers: Bali Becoming Expensive for European Visitors.


Bali News: Bali, Euro, Bali by the Numbers
Click Image to Enlarge

(6/14/2010)

The declining value of the Euro against both the Indonesian Rupiah and the United States Dollar is making Bali increasingly more expensive for European visitors,

Because the Indonesian Rupiah is strictly speaking a "non-exportable" currency - Bali hotels, major attractions and transportation costs are typically priced in U.S. dollars. Adding to this mix, the value of the Indonesia Rupiah is traditionally linked to the U.S. Dollar.

Economic woes in Europe have seen the Euro's value sink 23% against the Indonesian Rupiah in the 12 months since June 2008. Similarly, the value of the Euro against the dollar has decreased 22.6% in the same period.

European holidaymakers bound for Bali, as a result, are finding the cost of a Bali holiday almost 25% more expensive than they did just 1-2 years ago.

Many economists are predicting an even more troubled road ahead for the value of the Euro with some predicting eventual parity with the dollar, while others are questioning if the Euro can survive the potential financial collapse of one or more member countries of the European Union.


© Bali Discovery Tours. Articles may be quoted and reproduced if attributed to http://www.balidiscovery.com.

       

 
Bali News by Bali Update
Subscribe to the Bali Update
Receive the latest news from Bali by email!



Our [Privacy Statement] explains how we handle the data you are providing.

 
Bali News by Bali Update
Explore the Archive of the Bali Update
Find related articles in our news archive!




or try to use Google Search :

Home · Bali Hotels · Bali Villas · Bali Excursions · Bali Sports · Bali News · Site Map · RSS

Bali News: More News
Chinese New Year Rush Bound for Bali
Garuda Indonesia Announces New Charter Routes from China to Bali for Lunar New Year Holidaymakers
(1/14/2017)
Oh, Deer!
Five Poachers Abandon Car, Guns and Dead Game at West Bali National Park When Confronted by Park Rangers
(1/15/2017)
Qui Moi?
French Tourist Arrested Shoplifting at Bali Airport
(1/15/2017)
An Endangered Tiger
Tigerair Suspend Ticket Sales from Australia to Bali until March 25, 2017
(1/14/2017)
This is a Steak Out!
MyWarung’s L'Entrecôte May be Bali’s Best Steak Value
(1/15/2017)
Advance Australia Fairway!
Australia Day Golf Tournament at Bali National Golf Resort Thursday, January 26, 2017
(1/14/2017)
Starling, Starling Night
Begawan Foundation to Hold ‘A Starling Night’ Art Exhibition and Silent Auction on Friday, February 10, 2017 at Big Tree Farm Chocolate Factory
(1/14/2017)
The Last Bite
Australian Surfer Suffers Rare Shark Attack off West Bali Beach
(1/15/2017)
A Park at its Peak of Popularity
Lombok Mount Rinjani Records More than 91,412 visitors in 2016
(1/14/2017)
Improvements Planned for Bali Airport in 2017
More Parking, Better Taxi Access, Improved Internet and Runway Enhancements in the Cards for Bali’s Airport in 2017
(1/14/2017)
Game Changers, Name Changers
Colliers International Tracks 18 New Hotels and 8 Branding Transitions in Bali in 2016
(1/14/2017)
A Yen for Thievery
Police Arrest Hotel Employee in Kuta for Stealing Cash from Japanese Guest
(1/14/2017)
All [News]!