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Sel0eo3nbosDejessn
Sel0eo3nbosDejessn Sel0eo3nbosDejessn
  • 13-09-2016
  • Business
Answered

It is a good or bad time for south africans to travel when south africa has a weak rand

Verified Answer :

intheendpl
intheendpl intheendpl
  • 13-09-2016

It's always better to travel when your currency gets stronger then weaker. Let's say that one day 1 EUR = 15 ZAR (Rands). So if lunch costs 5 EUR, then you pay 75 ZAR. If Rand gets weaker after a week to 20 ZAR = 1EUR, then for the same lunch you will pay 100 ZAR. So it's rather a bad time for South Africans to travel when Rand is weak.

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