7 days of fun - Egypt travel information guide

Home
 
 
Hotels Airline ticket reservation Car rentals Nile cruise Specialty travel Egypt tours Videos Egypt holiday offers
Cairo Sharm El Sheikh Dahab Taba Hurghada Luxor Aswan Alexandria
 
Egypt travel information:

Plan your trip:

Transportation
:

 


City guides:

 

Share |
 

 

Your travel guide to Egypt for cheap holidays

start here


A Reliable Travel Budget Begins With the Currency Exchange

Currency exchange

Holiday currency exchange tips

Should I exchange all my money at one time to create a travel budget?
Exchanging money for a vacation in another country is not as easy as it looks. Some people wait until the day before the trip or when they arrive at their destination and then wonder why they donít have enough money to cover trip expenses. Planning a vacation in another part of the world is a process that requires knowledge and patience, as well as money.

The currency market is always fluctuating so itís important to know when and where to exchange money so you can produce a budget that works while youíre on vacation. Letís say youíre heading to Egypt to tour the amazing pyramids. Just a 1200 point shift in a currency pair can cost you an extra $120 for every $1000 you exchange if youíre using U.S. Dollars. Thatís a surprise nobody wants, especially if youíre at the airport. Some countries have emerging currencies that can experience sudden surges in value, which can destroy a vacation without warning. Arriving at your destination and discovering that your currency has lost a considerable amount of value can definitely be a budget buster.

The best way to make your money work for you is to exchange small amounts as you plan your trip. When you average your exchanges you know exactly what each exchange costs which means your budget is based on actual figures rather than estimates. Averaging is especially important on long trips where more money is needed to cover expenses. Averaging your exchanges could be the difference between eating at good restaurants and gulping down fast food at the local greasy spoon.

Where should I exchange my money?
Airport currency traders may add a hidden fee to the exchange rate, which means you have less money to spend on the trip. Banks add a fee to every exchange and they may only post one or two rates a day which means you may not get a real time rate. Travelers may like credit cards for their convenience, but credit card companies use their own rate which includes a built-in profit and they add a surcharge on every holiday purchase and that means you donít know what the vacation costs until you get the statement and thatís usually a budget buster.

A reliable currency trader can help you average your exchanges while youíre in the planning stage. A professional studies the market every hour, so you always get a real time rate. When you average your exchanges with a currency broker youíre able to use actual values so your budget is realistic.

Other travel thoughts
Some countries have strict limits on the amount of cash they allow visitors to carry through customs. If you exceed the limit and youíre searched at a customs checkpoint your money may be confiscated. Always carry cash in a money belt or a hidden pocket thatís secure and out of sight. Hotel safes and other security measures should be used when you arrive and remember that common sense is your best security tool when you use it.
To dabble in the currency exchange market requires knowledge. ForexTraders.com offers useful resources for free to help you understand this volatile but rewarding market. ForexTraders.com has information about brokers, analysis, technical indicators, tips to improve your strategy and a free course for beginners to learn what forex is.

 

 
 
Booking services of

Airline tickets

Hotels

Rented Cars

Nile cruises

Holiday deals and offers

 

Order free travel brochure online

 

 
Share |
 
 
 

 

 

 

Pramids, Sphinx and luxor temple Egypt

Home

Egypt Hotel booking
Cairo hotel booking
Cheap Cairo hotels
Alexandria hotel booking

Sharm El Sheikh hotels
5 stars | 4 stars | 3 stars

Dahab hotel booking
Taba hotel booking
Hurghada hotel booking
Safaga hotel booking
Marsa Alam hotel booking
Ain El Sokhna hotel booking
Luxor hotel booking
Aswan hotel booking
Port Said hotel booking

Booking flights
Flight tickets booking
Cheap flights tips
Private Jet Charter
Egyptian airlines
Egypt Air information
British Airways flights
Cairo international airport
Marsa Alam international airport

Tours & Holidays services
Egypt tours
Nile cruise
Egypt holiday deals
Car rentals
Specialty vacation packages
Free Travel brochures

Other services
Translation service

Travel tips and articles

Egypt travel guide
Egypt map
Egypt Travel Rules & Regulations
Egypt the easy way
Why is Egypt a tourist destination?
Things to do in Egypt
Currency Exchange tips
Egypt weather
Best time to visit Egypt
Travel insurance tips
Trains schedule
Cairo
Alexandria
Dahab
Trip to Siwa
A trip up the Nile
Nile river information
Is it safe to travel to Egypt?
7 days Holiday in Egypt cost
Food and Restaurants in Egypt
Taxis and taxi drivers in Egypt
Travel accessories
Travel books


 

Sharm El Sheikh travel guide
Sharm El Sheikh the pearl of Sinai
Sharm El Sheikh weather
Sharm El Sheikh international airport
Banks in Sharm El Sheikh
Diving clubs in Sharm el Sheikh
Naama bay
Soho Square
Dolphina Park
Videos

Other destinations around the world
Dubai holidays

More information
Contact us

© 7 days of Fun - Cheap Egypt Holidays
Web site created by Mohamed Rashad Web design - Egypt. Web hosting by Robot Web hosting services