I absolutely love travelling – the actual travelling, dreaming about travelling, planning travel.. all of it. But there is one thing I absolutely HATE about it – exchange rates. The New Zealand dollar is typically not very strong against most major currencies, but recently, it’s dropped a lot which makes it even more expensive to travel.
When I went to the states last year, the NZ Dollar was buying .88 US Dollars. 8 months later and that has now dropped to .66 USD. I exchanged $3,000NZD today and got a measly $1,992USD. It’s not just the US Dollar that’s so low either – the Pound and Euro rates are more than depressing; .40 and.60 respectively.