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As the US Dollar Strengthens, Budget Calculator Helps Travelers Plan Better for International Vacation Budgets

LOUISVILLE, Ky., Sept. 8 /PRNewswire/ -- The US Dollar fluctuates constantly and, recently, has grown stronger against many foreign currencies. While it is impossible to predict the future, now is the best time, so far this year, to buy foreign currency. But when planning for an international trip, how much foreign currency should travelers purchase? To help travelers with this, foreign exchange specialist Travelex created its Budget Calculator to provide travelers with data on common day-to-day expenses and payment methods accepted in destinations worldwide. The Budget Calculator is free and available at http://www.cashpassport.com/us/.

The Travelex Budget Calculator provides an easy-to-use guide to the cost of vacation basics in more than 50 popular destinations worldwide, from Cambodia andChile toIceland andIndia. The online budgeting tool lists the price of meals, drinks, accommodation as well as public transportation and attraction entrance fees.

The Travelex Budget Calculator also provides advice on the recommended travel money mix between prepaid currency cards, US dollars, local currency and travelers' cheques, as well as information on credit card acceptance and ATM access for each country.

"The cost of traveling is continually changing. The strength of the dollar, the growth and prosperity of the destination, and our own cost of living mean that old information can lead you astray but the Travelex Budget Calculator arms travelers with a good idea of what vacation basics will cost," said Christopher Russell Travelex's executive vice president of outsourcing, Americas. "Our customers drove the demand for development of Cash Passport, a secure, convenient foreign currency card pre-loaded for use at millions of ATMs, shops and restaurants abroad and the Budget Calculator recommends the best mix of foreign currency and prepaid cards for the trip. It helps our travelers be better prepared."

About Travelex

Travelex is the world's foreign exchange, business payments specialist and leading provider of travel insurance operating through subsidiaries and branches in these regions: the Americas,United Kingdom;Europe,Asia Pacific; andMiddle East andAfrica (EMEA).

As one of the world's leading providers of outsourced travel money to banks, travel agencies and other retailers it provides products including its prepaid currency card to over three million channel customers annually. Through its world-leading automation Travelex offers consumers a full range of delivery channel options including telephone and web-based ordering.

SOURCE Travelex

Tags: ,FIN,TRA,LEI,PDT,KY-Travelex-vacation

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