The falling rupee and what it can do to your travel plans

The rupee has fallen over 12 per cent this year, making it one of the worst-performing currencies among emerging markets.

On September 10, it touched an all-time low of 72.66 against the dollar.

Which of course also means that now would be a bad time to travel abroad. (Rising crude prices have also led to international airlines hiking airfares.)

But there are exceptions — the rupee finds better conversion rates in certain and East Central Asian countries.

So think in those directions and it might not be a bad idea to book soon.

The Indian airlines have so far held off on airfare increases on account of the cut-throat competition coupled with the ongoing lean season, but things are likely to change soon.

Most airlines pay their costs in dollars, so airfare changes are expected to be announced sometime before the festival season.

Anyhow, let's have a look at how the falling rupee could impact your upcoming travel plans:

Europe tour:

Exchange rate 1 Euro = Rs 84.31
6 Nights,7 Days
Cost per person: Rs 95,696

The lodging rates are higher, general society transport will cost you more, as will sustenance. Abandons saying, you will pay significantly more for the passage tickets at spots of traveller intrigue as well.

UK tour:

Exchange rate 1 Pound sterling = Rs 94.68
6 Nights,7 Days
Cost per person: Rs 1,80,314

Everything in the UK will cost significantly more. From lodgings to transport to flights to tickets at spots of enthusiasm, for each pound you spend, your brain is hysterically going to duplicate the sum by 94. What's more, the outcomes probably won't be everything that lovely.

USA tour:

Exchange rate 1 US Dollar = Rs 72.52
5 Nights,6 Days
Cost per person: Rs 2,11,323

Heading out to the US is a compelling expensive undertaking today, what with the execution of the rupee against the dollar.If you travel US for work, business or holidays, your costs will go up. Your travel, accommodation, food and other expenses might disturb your whole budget.

August-September is off-season the extent that abroad excursions are concerned. Subsequently, the effect will be negligible on furlough travel. Individuals who have responsibilities abroad won't drop venture out because of rupee shortcoming.

(With inputs from agencies)