Bulgaria Ski discussion board
No such thing as a cheap holiday
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posts : 13 (Beginner)Date : 01-06-09 13:15No such thing as a cheap holiday
Hi
I have followed a lot of the discussions regarding price increases in Bulgaria and just thought I'd offer my perspective as a South African who sees currency fluctuations as a daily occurance. When I went to Borovets in Jan 2007, the exchange rate of the south african rand was R9.50 for 1 euro. The exchange rate today is R12.62 to 1 euro. That is depreciation of around 32%.
There will be inflation in Bulgaria on top of this, so prices will seem much more expensive if I convert back ...
I have followed a lot of the discussions regarding price increases in Bulgaria and just thought I'd offer my perspective as a South African who sees currency fluctuations as a daily occurance. When I went to Borovets in Jan 2007, the exchange rate of the south african rand was R9.50 for 1 euro. The exchange rate today is R12.62 to 1 euro. That is depreciation of around 32%.
There will be inflation in Bulgaria on top of this, so prices will seem much more expensive if I convert back ...
Hi
I have followed a lot of the discussions regarding price increases in Bulgaria and just thought I'd offer my perspective as a South African who sees currency fluctuations as a daily occurance. When I went to Borovets in Jan 2007, the exchange rate of the south african rand was R9.50 for 1 euro. The exchange rate today is R12.62 to 1 euro. That is depreciation of around 32%.
There will be inflation in Bulgaria on top of this, so prices will seem much more expensive if I convert back to rands everytime I buy something. But I do also get a salary increase every year as well so if you expect prices to stay the same, then so must your salary. The only way I can stop getting depressed about prices when I am overseas is work out a budget of how many euros/levs I want to spend each day. Then I stop doing conversions back to rands everytime each time I buy a beer or two.
I also try and find accomadation with dinner, bed and breakfast, so that I can pay for food up front.
Having said all that, I make sure that I budget more per day than the bare minimum needed. If I am on holiday, I plan to enjoy it and counting pennies is no way to go about it.
Bulgaria is still cheaper than anywhere else I have been in Europe, so I am planning a return trip in Jan/Feb 2010
I have followed a lot of the discussions regarding price increases in Bulgaria and just thought I'd offer my perspective as a South African who sees currency fluctuations as a daily occurance. When I went to Borovets in Jan 2007, the exchange rate of the south african rand was R9.50 for 1 euro. The exchange rate today is R12.62 to 1 euro. That is depreciation of around 32%.
There will be inflation in Bulgaria on top of this, so prices will seem much more expensive if I convert back to rands everytime I buy something. But I do also get a salary increase every year as well so if you expect prices to stay the same, then so must your salary. The only way I can stop getting depressed about prices when I am overseas is work out a budget of how many euros/levs I want to spend each day. Then I stop doing conversions back to rands everytime each time I buy a beer or two.
I also try and find accomadation with dinner, bed and breakfast, so that I can pay for food up front.
Having said all that, I make sure that I budget more per day than the bare minimum needed. If I am on holiday, I plan to enjoy it and counting pennies is no way to go about it.
Bulgaria is still cheaper than anywhere else I have been in Europe, so I am planning a return trip in Jan/Feb 2010
