With many people determined to travel despite the cost of living crisis, the question on everyone’s lips is, “Where will my money go furthest?”
Since book fell to an all-time low against the dollar in September, vacations in the US are probably out of order. It’s a similar story for countries that have a fixed exchange rate for their currency against the dollar, such as the gulf states.
But don’t give up on your vacation dreams just yet.
The money saving The experts at StudentUniverse have rounded up the best destinations to visit without breaking the bank.
Of Argentina at Turkeythese are the best places to travel on a budget this Winter.
For warm weather and wildflowers: Argentina
Like the pound, the value of the Argentine peso has fallen over the past year. This means that prices are still relatively low for travelers from UK. A beer will cost you around £1.70 (€2), a coffee £1.60 (€1.86) and a cheap restaurant meal £6 (€7).
During autumn in Europe, Argentina in the southern hemisphere welcomes spring. Buenos Aires is a comfortable 18-28°C and Patagonia wild flowers burst in color, making it the perfect time to visit.
The Argentine peso is currently at 170 to the pound against 136 at the same time last year.
For low prices in an expensive destination: Japan
JapanPandemic-related border controls were finally lifted on October 11. The country now allows visa-free travel to dozens of countries and no longer requires visitors to travel in groups.
Like the pound, the Japanese yen has recently weakened against the dollar, hitting a 32-year low. This means that the British still have some purchasing power in Japan and makes it the perfect time to visit what is usually an expensive destination.
The Japanese the yen is currently at 167 to the pound versus 157 at the same time last year.
To eat and drink inexpensively: Sri Lanka
With Sri Lanka experienced significant economic difficulties in recent years, the time has come to support the tourism industry.
Price for lodging, activities and food are considerably cheaper in Sri Lanka than in the UK. Expect a three-course meal for two to set you back around £10 (€11.60) and a beer £1 (€1.16).
The Sri Lankan Rupee currently sits at 410 to the pound versus 278 at the same time last year.
For low cost accommodation: Thailand
Thailand has always been a favorite among backpackers, but it offers luxury on a budget too.
Although the Thai currency is relatively strong against the pound, it is still very affordable vacation destination.
Lodging in a shared hostel dorm is usually as low as £7 (€8) per night, while five-star hotels in Bangkok start from £25 (€29). Food is also cheap, with meals in local food courts often costing less than a pound and restaurant meals usually under £5 (€5.80).
The Thai the baht is currently at 43 to the pound compared to 46 at the same time last year.
For one of the cheapest destinations in Europe: Turkey
The pound soared against the Turkish liras over the past few months, which means you will get more than double this year what you could have done in 2019. This makes Turkey one of the cheapest destinations in Europe right now.
And with average temperatures between 18°C and 25°C in October, it’s the perfect place to soak up the winter sun.
The Turkish the lira currently stands at 21 per pound against 13 at the same time last year.