February 9, 2023

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Spend money wisely in these places and make our vacation better. Everyone should know!

Spend money and go on vacation in the most comfortable place-proiezionidiborsa.it

End of the year: time for balance sheets but also time for plans and calendars. What expenses will you incur in the next year? How much money should you set aside to organize your dream vacation? Taxes to pay and how much to save? Buying furniture or appliances? Let’s see how to save money on our dream vacation!

Many may have forgotten, and others may not have experienced it because they were born later than the currency union of the euro area, but before we could go and spend in Paris, Vienna and other European countries, we had to convert our lira into the local currency. At that time many were familiar with the concept of exchange. How many lire is needed to get basically one franc or one Austrian schilling?

Seems like a lifetime ago, but it was. Today this experience is available to anyone traveling outside the Eurozone.

Spend money wisely in these places and make our vacation better. Why? It all depends on whether or not the exchange rate gets favourable, and therefore whether or not the euro strengthens against the local currency.

Our dream trip cost us less

Our dream trip costs us less-proiezionidiborsa.it

The euro could strengthen against the US dollar, Australian dollar, Canadian dollar and sterling

Euro to US Dollar

The most traded currency in the world is the dollar. Here is what the main currency is as reported by Wikipedia: United States and all dependent countries, BES Islands, Ecuador, El Salvador, Marshall Islands, Micronesia, Palau, East Timor, Turks, Caicos British Virgin Islands, British Indian Ocean Territory and Zimbabwe.

Although for Short term The euro may pull back against the dollar, with a longer move still looking in favor of the European currency.

The exchange rate, currently in the 1.06 region, is likely to move towards the 1.19 region in the next 18/24 months. Only a return below 1.02 can undermine this trend and this forecast.

Euro to Australian Dollar

According to Wikipedia, the Australian dollar is the official currency of Australia, Christmas Island, Cocos (Keeling) Islands, Hert and Macdonald Islands, Norfolk Island but also Kiribati, Tuvalu and Nauru.

The exchange rate is currently in the 1.5798 region and will move towards the 1.6437/1.69 region in the next 18/24 months. Only a return below 1.5275 can undermine this trend and this forecast.

Eurozone residents find it more convenient to travel to certain countries

Residents of the euro area will find it more convenient to visit certain countries-proiezionidiborsa.it

Packing your suitcase? To which places?

Euro to Canadian Dollar

The Canadian dollar is the currency of Canada. The exchange rate is currently in the 1.4439 region and will move towards the 1.55/1.59 region in the next 18/24 months. Only a return below 1.3958 can undermine this trend and this forecast.

Euro pound

The pound is the currency of England, Scotland and Northern Ireland. The exchange rate, which is currently in the 0.8815 region, will move towards the 0.9275/0.95 region in the next 18/24 months to 0.99. Only a return below 0.8275 can undermine this trend and this forecast.

So here’s why: Be careful spending money on these places and taking our dream vacation will cost us less! We should start organizing ourselves and see which of these places we should visit to enjoy our vacation next year. However, let’s remember that in Italy too Take a tour This is very interesting!

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