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Now it becomes more expensive to travel abroad

"Now it becomes more expensive to travel abroad" "the Crown is weaker than ever, and when travelling abroad becomes more expensive." "The Swedish krona

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Now it becomes more expensive to travel abroad
"Now it becomes more expensive to travel abroad"

"the Crown is weaker than ever, and when travelling abroad becomes more expensive."

"The Swedish krona is weaker than in many years and the swedes have less and less in your wallet. it makes trips will be much more expensive – but there are destinations that still provides a lot for the money. "

"It can hurt badly in the wallet for a trip abroad in years. The krona is weaker than in many years, it was actually the worst January in 26 years when it comes to the value of the krona. Our currency has lost nearly 20 percent against the dollar and over five per cent against the euro in the past year. It means that there will be much more expensive to stay, eat, and live abroad. "

"– Then the end of the year, the value of the krona dropped quite a lot. We have seen a trend with a decline in value for many years. Among other things, it is because the Riksbank began to lower interest rates below zero around 2013 and 2014. But in particular, it is about that we got a krisavtal in wage negotiations in 2010 after a dramatic slump a couple of years earlier. They wanted to ensure that the industry was capable of competitiveness. Since then, there has been an imbalance between the inflation target of two per cent and wage formation, " says Danske Bank's chief economist Michael Grahn."

"He means that we should all feel a concern over this for as long as the imbalance consists, there is a risk that the krona will be weaker and eat up wage increases. It erodes purchasing power. At home is imported goods more expensive. And a weaker krona leads to it becoming more expensive to go abroad. "

"– the Swedish Krona is very weak compared with previous years, and most of the major tourist countries have become significantly more expensive. It is particularly noticeable in the eurozone. Partly for that crown is not worth as much, and partly because of the high demand for travel in recent years has pushed up the prices, and sometimes also the prices at the destination, " says Catherine Daniels, pr and communications officer on the Ticket. "

"Miami, Los Angeles and New York are popular destinations for swedes. In the current situation, one must expect an additional sized traveling funds if you should holiday in the united states. Same thing with the euro area countries. "

"– I notice myself that it is much more expensive to go to the united states when the dollar costs around 9,50. I think that some of the cheaper destinations are becoming more attractive. And I can not exclude that we will see an impact on our trips abroad in the future, we may not travel as much as before, " said Michael Grahn. "

"But there are countries that are still relatively cheap for us northerners, including Turkey and Egypt. "

"– It is turistländer on the way back after a couple of years of hefty decline due to unrest in the region. Turkey is extremely in demand now and it is largely due to the Turkish lira, which is one of the few currencies like the Swedish krona still stands up well against, " says Katarina Daniels. "

"Albania is another exciting country where you get a lot for the money as american. Catherine Daniels also mentions Thailand even if bahten has risen sharply against the Swedish krona. "

"– It has become more expensive, but the prices in Thailand are so low that it is still a very cheap country for swedes to stay in, " says Catherine Daniels. "

"Here, it has become more expensive."

"Here it is still relatively cheap."

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