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                          Hot spots for Aussies, is it still valid after yesterday's crash of the AU$ though... 23/09/2011
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                          HOLIDAY hot-spots around the world are becoming more affordable for Aussies due to the strong dollar - so where are the best places to score a bargain? Surprisingly, Turkey has soared to the top of the Expedia NAB Travellers’ Foreign Currency Ranking, which measures the performance of the Australian dollar over the past year to find the top 10 value-for-money locations.

                          In fact, the Australian dollar has appreciated by more than 22 per cent against the Turkish Iira.

                          Tanzania, which failed to make the previous Expedia list in April, was the second most affordable destination, with the dollar climbing by 18 per cent against Tanzania's shilling.

                          The Aussie dollar also performed well in Asia, jumping 16 and 12 per cent respectively against the popular holiday spots of Vietnam and Thailand. This year’s result was weaker for Vietnam, which was found to be the most affordable destination in the previous survey.

                          The dollar also rose by 11 per cent against the Hong Kong dollar, and three per cent against the Singaporean dollar.

                          Meanwhile the US scraped into the top 10, with the Aussie dollar rising 10 per cent against the Greenback. Travellers are already taking advantage of the situation, with bookings to the US increasing by 41 per cent.

                          While the Euro and the British Pound failed to make the list, they still offer reasonable value for travellers. In the past year the Australian dollar appreciated eight per cent against the Pound and four per cent against the Euro.

                          “It’s a very exciting time to be an Aussie travelling overseas because our currency is at near-record highs against, not only the US Dollar, but many of the world’s major and minor currencies,” Amee Evans from Expedia said.

                          Many Australians are already taking advantage of the strong dollar, with overseas departures now at a near-record high - increasing more than 10 per cent in the seven months to July, according to the latest Bureau of Statistics figures.

                          Top 10 best value destinations
                          1. Turkey (lira) +22%
                          2. Tanzania (shilling) +18%
                          3. Vietnam (dong) +16%
                          4. Argentina (peso) +14%
                          5. Thailand (baht) +12%
                          6. Iceland (krona) +11%
                          7. Hong Kong (dollar) +11%
                          8. US (dollar) +10%
                          9. Pakistan (rupee) +10%
                          10. Philippines (peso) +9%

                           


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