Weak Rand Makes South Africa Even More Affordable News and Updates

Weak Rand Makes South Africa Even More Affordable

March 13, 2008

Weak Rand Makes South Africa Even More Affordable

Paul Campbell - March 13, 2008

With tourist rates for the South African Rand now appearing to have stabilised (at least for the moment) at around R14.5 = £1.00, visiting South Africa has become even better value.

The Rand is a very volatile currency, however at the time of writing the rate is R14.65=£1.00, and this compares to an average of R13.50=£1.00 in 2007, R11.45 = R1.00 in March 2006, and R10.60=£1.00 in March 2005.

So what does this mean for visitors to South Africa? Well, a 5 night stay for 2 people at the fabulous Table Bay Hotel in Cape Town would cost R13400 in May – that is £915 at today’s exchange rate, but would have been £1264 at the March 2005 exchange rate – a saving of £349!

The same holds true for the safari lodges which also work out to be much cheaper this year compared to previous years. A 3 night stay for 2 people at Exeter Leadwood in the Sabi Sands Reserve would cost R21720 this coming May – that’s around £1483 at the current exchange rate compared with £2049 at the March 2005 rate – a saving of £566, or 27%.

The same holds true for everyplace in South Africa, from the great value guest houses of Cape Town, the Winelands, and the Garden Route, right the way through to the 5* hotels and safari lodges.

There is an argument for saying that there has never been a better time to go to South Africa, and with the low season rates starting in a few weeks time there are certainly some real bargains to be found.

1 Comment

  1. […] unknown wrote an interesting post today onHere’s a quick excerptWith tourist rates for the South African Rand now appearing to have stabalised (at least for the moment) at around R14.5 = £1.00, visiting South Africa has become even better value. The Rand is a very volitile currency, however at the … […]

    Pingback by Weak Rand Makes South Africa Even More Affordable — March 13, 2008 @ 5:48 pm

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