Articles written by Justin Rampono
AUD USD Rises Above 72 cents for the first time in 17 months
For the first time since February 2019, the Australian dollar has risen above 72 cents. It caps off a remarkable period for the Aussie dollar which hit 0.5740 in late March. The massive rally higher has been driven by: An increase in commodity prices A weaker US dollar Increased risk sentiment The forecast for the AUD/USD remains uncertain heading into the back half of 2020. While many agree that the US dollar could weaken further, commodity prices are less likely to continue higher. There is also the possibility of increased volatility which historically, has had a negative impact on the […]
How Much Spending Money to Take to Vanuatu
If you’ve booked a trip to Vanuatu, you want it to be everything you dreamed of. You’ll want to do it all, not have to choose between diving in the blue holes or heading to the Cascades because of budget constraints. A holiday to Vanuatu is about rest and relaxation. Give yourself a little more opportunity to rest by budgeting the adventure right from the outset. On average, tourists spend roughly 55,000 vatu a day on their getaway (the Vanuatu currency). But to figure out the right budget for your needs, you need to factor in: Where you want to […]
The Aussie dollar rockets to a 15-month high above 71 cents
Yesterday, the Australian dollar pushed higher to hit a 15-month high. A softer US dollar helped propel the AUD/USD rate to 0.7181 before easing back about 0.5% this morning. The Aussie dollar managed to strengthen despite a rise in coronavirus cases both locally and in the US. The extension of the JobKeeper and JobSeeker programs by the federal government set a positive tone for the local currency which also move higher agains many other major currencies. While a higher AUD benefits Australians heading overseas, most locals can’t take advantage of it with international travel bans likely to remain in place […]
Currency in Vanuatu
A Travel Money Guide to Vanuatu Vanuatu is one of our favourite South Pacific holiday destinations, thanks to its luxurious boutique hotels, enticing regional cuisine, wreck diving, blue hole explorations, and extravagant spa life. With more than 80 islands, Vanuatu has plenty to offer but this also complicates money matters when travelling around. The official currency of Vanuatu is the vatu and in many parts of Vanuatu, you’ll be relying on vatu cash for everything. Modern payment options, from ATMs and banks to card payments, are a rarity beyond the main cities. So in this guide, we’ll help you understand […]
The Australian Dollar hits 70 cents for just the third time in 2020
After weeks of flirting just short around 69 cents, the AUD/USD exchange has risen back above 70 cents for only the third time in of 2020. The Australian dollar traded between 0.6850 and 0.6950 for much of June and the first half of July before breaking higher. A mixture of higher commodity prices, particularly iron ore and a weaker US dollar was enough to finally crack through 70 cents. Against the other major currencies, the Aussie dollar has barely moved. In the last month, it has been largely unchanged against the British Pound, Euro, Japanese Yen and New Zealand Dollar.
How Much Spending Money for Fiji in One & Two Weeks
Enjoy your days exploring some of the world’s most incredible soft coral reefs, resting up by the pool, and then sampling the local cuisine in a first-class establishment on one of Fiji’s 333 islands. Fiji has plenty to offer but with so many options – day snorkelling trips, multi-day cruises, sky diving packages, island-hopping, and more – it’s tricky to calculate how much spending money you need to make the most of your trip. Only when you’ve mapped out your journey will you be able to start calculating how much of the local Fijian currency (Fijian dollars or FJD) you […]