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
Watching You, From a Distance
Indonesia to Introduce Requiring it Citizens to Register On Line When Going Abroad
(7/5/2015)
Has the Bali Property Boom Gone Bust
Developers Say Bali Property Sales Down 75% in 2015
(7/5/2015)
Strokes of Good Luck
Trips to London and Harley Davidson Motorcycle among Prizes to be Won Bali National Golf Club August 8-9, 2015
(7/5/2015)
Bali Airport; Ready for the Holiday Rush
Bali Airport Sets Up Command Posts in Anticipation of Lebaran Rush
(7/5/2015)
Kite Flyers in the Dark
PLN Worried that Baliís Kite-Flying Seasons will Precipitate Power Outages
(7/5/2015)
PATA Mart Returns to Indonesia
Indonesia to Host 2016 PATA Travel Mart
(7/5/2015)
Medan Tragedy
Military Transport Crash in Medan Killa 113 in Long Litany of C-130 Crashes in Indonesia
(7/5/2015)
Small Shops Must Stop Selling Beer
Bali Threaten to Close Down Shops in Kuta and Legian Illegally Selling Beer
(7/5/2015)
Bali Human Cultural Icons
Bali Arts Festival Honor Nine Senior Traditional Arts Performers
(7/4/2015)
The Man of Malmanche
New Zealand Man Sentenced to 15 Years in Prison for Smuggling Drugs into Bali
(7/4/2015)
The Hills are Alive
Jetstar Cancels Several Bali Flights to Avoid Volcanic Ash from East Java Volcano
(7/4/2015)
When the Crew Gets Stomach Flu
Virgin Australian Bali to Brisbane Flight Cancelled When One Cabin Crew Calls in Sick.
(7/4/2015)
All [News]!