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
Jln. By Pass Ida Bagus Mantra,
Jln. Pucuk 1 No. 70X
Denpasar, Bali
Indonesia

24h:
+62 (0)812 3819724
Tel:
+62 (0)361 464 032, +62 (0)361 471 0242

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
Think Pink in the War on Breast Cancer
Bali Pink Ribbon Fun Walk & Run Returns Saturday, October 20, 2018
(4/21/2018)
Failing to Linger Longer
Bali by the Numbers: Foreign Tourists Stayed an Average 3.17 Days in Bali Starred Hotel in February 2018
(4/21/2018)
Working to Preserve and Promote Bali Arts
Bale Banjar Culture Club to Feature Peter J. Wilson and Made Sidia – World Renowned Producers of Balinese Stage Performances
(4/15/2018)
Does Bali Already Have a Second International Airport?
Editorial: A Practical Perspective on a Second Airport for Bali
(4/15/2018)
Shopping on Touchdown in Bali
New Duty Free Shopping Area for International Passengers Arriving in Bali
(4/15/2018)
Seeking Wider Horizons of Understanding
TEDxUbud Event Set to Stimulate Innovation and Creativity on Saturday, May 5, 2018
(4/15/2018)
Keeping the News Cycle Positive
Udayana Military Commander Calls on Media to ’Self-Censor’ and Avoid Controversial Reporting in Run-Up to IMF-World Bank Meeting
(4/15/2018)
Fugitives No More
Fugitive German and Indonesian Wife Captured by State Prosecutors to Start Serving Prison Sentences Handed Down in Bali Property Scam
(4/15/2018)
Enhancing the Quality of Bali Visitors
Tourism Ministry Outlines How Bali Can Attract Higher Quality Tourist Visitors
(4/15/2018)
Roll Out the Barrels
Australian Government Assisting Bali in Conquering Mounting Trash Problem
(4/15/2018)
The Rainbow Connection
Green Peace’s Rainbow Warrior Uses Bali Visit to Fight Coal-powered Electricity, Plastic Pollution and Lend Support to ForBALI’s Fight Against Reclamation of Benoa Bay
(4/15/2018)
Friday the 13th in Bali
Tourist Bus Kills One Man and Damages 6 Cars and 2 Motorcycles in Spectacular Chain-Collision Near Bali’s GWK Monument
(4/15/2018)
All [News]!