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
Liberté, Égalité, Fraternité
Fête Nationale – Celebrating France’s National Day at The Trans Resort Bali on Friday, July 15, 2016
(6/26/2016)
Attempted Identity Theft
Two Bulgarian Tourists Arrested on Suspicion of ATM Crime in Bali
(6/26/2016)
Heart Attack Claims Man in Local Boat Race
Balinese Participants in a Bedugul Canoe Race Dies of Heart Attack.
(6/26/2016)
U-Haul Hull
Operators of Sunken KMP Rafelia II Given Deadline of September 4, 2016, to Remove Sunken Ferry Boat in Java-Bali Straits
(6/26/2016)
Connected in Kuta
Kuta, Bali Launches 115 Free Wireless WiFi Points
(6/26/2016)
A Kemenuh Conondrum
Kemenuh Butterfly Park in Gianyar, Bali: Illegally Constructed, Illegally Operated and Failing to Pay Taxes
(6/26/2016)
Short Take Off and Approach
Indonesian Transportation Minister Not in Favor of Reclaiming Land to Extend Length of Bali’s Airport
(6/26/2016)
Hot and Bothered in Bali
Bali Airport Installs Thermal Scanner to Detect International Passengers Infected by the Zika Virus
(6/26/2016)
Haunting Surfeit of Human Remains
Backlog of Unburied Corpses at Sanglah General Hospital Morgue Poses a Logistics and Spiritual Risk.
(6/26/2016)
General Hospital
Bali’s Main Hospital Explains its Color-Coded Response to Medical Emergencies
(6/26/2016)
Bastards & Baksheesh
Public Outcry as Official at Gilimanuk Border Checkpoint Caught on Film Taking a Bribe
(6/26/2016)
Illegal Parking
Outgoing Denpasar Prosecutor Names Head of Denpasar Parking Authority as Suspect in Rp. 15.5 billion Corruption Case
(6/26/2016)
All [News]!