{"id":218267,"date":"2018-01-08T10:18:18","date_gmt":"2018-01-08T08:18:18","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=218267"},"modified":"2018-01-08T11:43:15","modified_gmt":"2018-01-08T09:43:15","slug":"heres-what-r100-buys-you-around-the-world-right-now-2","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/218267\/heres-what-r100-buys-you-around-the-world-right-now-2\/","title":{"rendered":"Here&#8217;s what R100 buys you around the world right now"},"content":{"rendered":"<p>The rand is currently enjoying one of its longest winning streaks since 2002, with the currency trading at R12.37 to the dollar on Monday, 8 January.<\/p>\n<p>Notably it has been on the front foot since December, supported by investors&#8217; hopes that the newly elected leader of the ruling ANC, Cyril Ramaphosa, would push through business-friendly policies.<\/p>\n<p>However, a <strong><a href=\"https:\/\/businesstech.co.za\/news\/finance\/217991\/heres-what-the-rand-could-be-worth-at-the-end-of-2018\/\" target=\"_blank\" rel=\"noopener\">Reuters<\/a> <\/strong>poll held on Friday (5 January) found that the run is likely to end soon, with technical indicators now suggesting the rand is overbought.<\/p>\n<p>There are also doubts\u00a0about how much\u00a0Ramaphosa, a promised reformer, can do for South Africa\u2019s ailing economy, with the polled strategists saying that the rand is likely\u00a0to weaken by as much as 12% by the end of 2018.<\/p>\n<p>This means that those looking to travel internationally may find that they will be getting the best bang for their buck right now. BusinessTech looked at what\u00a0<strong>R100<\/strong>\u00a0can get you at\u00a0current prices around the world:<\/p>\n<ul>\n<li><strong>UK: <\/strong>\u00a35.96<\/li>\n<li><strong>USA<\/strong>: $8.08<\/li>\n<li><strong>Australia<\/strong>: AU$10.30<\/li>\n<li><strong>Germany<\/strong>: \u20ac6.73<\/li>\n<li><strong>Brazil<\/strong>: R$26.1<\/li>\n<li><strong>China<\/strong>:\u00a0 52.36 Yuan<\/li>\n<li><strong>Dubai<\/strong>: 29.67 dirham<\/li>\n<li><strong>Canada<\/strong>: C$10.03<\/li>\n<li><strong>Thailand<\/strong>: 263.15 Baht<\/li>\n<\/ul>\n<p><em>The prices below are not meant to demonstrate purchasing power parity and do not serve as an equal-weighted price comparison \u2013 it is simply a guide on how South African travellers should budget, should they want to engage in \u2018leisure\u2019 activities while touring.<\/em><\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"25%\">Country<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Big Mac meal (or equivalent)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Cappuccino<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Beer in pub (500 ml)<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">1 Movie Ticket<\/th>\n<th style=\"text-align: center;\" bgcolor=\"#CCCCCC\" width=\"15%\">Petrol (1 litre)<\/th>\n<\/tr>\n<tr>\n<td>London\/UK<\/td>\n<td style=\"text-align: center;\"><strong>\u00a35.98<\/strong><br \/>\n<em>R100.30<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u00a33.22<\/strong><br \/>\n<em>R54.01<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u00a35.04<\/strong><br \/>\n<em>R84.53<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u00a312<\/strong><br \/>\n<em>R201.26<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u00a31.21<\/strong><br \/>\n<em>R20.29<\/em><\/td>\n<\/tr>\n<tr>\n<td>New York\/US<\/td>\n<td style=\"text-align: center;\"><strong>$7.00<\/strong><br \/>\n<em>R86.86<\/em><\/td>\n<td style=\"text-align: center;\"><strong>$4.83<\/strong><br \/>\n<em>R59.82<\/em><\/td>\n<td style=\"text-align: center;\"><strong>$7.00<\/strong><br \/>\n<em>R86.69<\/em><\/td>\n<td style=\"text-align: center;\"><strong>$15.50<\/strong><br \/>\n<em>R191.96<\/em><\/td>\n<td style=\"text-align: center;\"><strong>$0.73<\/strong><br \/>\n<em>R9.04<\/em><\/td>\n<\/tr>\n<tr>\n<td>Sydney\/Australia<\/td>\n<td style=\"text-align: center;\"><strong>AU$11.00<\/strong><br \/>\n<em>R106.74<\/em><\/td>\n<td style=\"text-align: center;\"><strong>AU$4.25<\/strong><br \/>\n<em>R41.25<\/em><\/td>\n<td style=\"text-align: center;\"><strong>AU$8.00<\/strong><br \/>\n<em>R77.63<\/em><\/td>\n<td style=\"text-align: center;\"><strong>AU$20.50<\/strong><br \/>\n<em>R198.93<\/em><\/td>\n<td style=\"text-align: center;\"><strong>AU$1.36<\/strong><br \/>\n<em>R13.20<\/em><\/td>\n<\/tr>\n<tr>\n<td>Berlin\/Germany<\/td>\n<td style=\"text-align: center;\"><strong>\u20ac7.00<\/strong><br \/>\n<em>R104.08<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u20ac2.96<\/strong><br \/>\n<em>R44.01<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u20ac3.23<\/strong><br \/>\n<em>R33.16<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u20ac9.50<\/strong><br \/>\n<em>R141.25<\/em><\/td>\n<td style=\"text-align: center;\"><strong>\u20ac1.36<\/strong><br \/>\n<em>R20.22<\/em><\/td>\n<\/tr>\n<tr>\n<td>Shanghai\/China<\/td>\n<td style=\"text-align: center;\"><strong>y36.00<\/strong><br \/>\n<em>R68.68<\/em><\/td>\n<td style=\"text-align: center;\"><strong>y35.00<\/strong><br \/>\n<em>R66.77<\/em><\/td>\n<td style=\"text-align: center;\"><strong>y46.00<\/strong><br \/>\n<em>R87.76<\/em><\/td>\n<td style=\"text-align: center;\"><strong>y71.50<\/strong><br \/>\n<em>R136.41<\/em><\/td>\n<td style=\"text-align: center;\"><strong>y7.00<\/strong><br \/>\n<em>R13.35<\/em><\/td>\n<\/tr>\n<tr>\n<td>Dubai\/UAE<\/td>\n<td style=\"text-align: center;\"><strong>d25.00<\/strong><br \/>\n<em>R84.26<\/em><\/td>\n<td style=\"text-align: center;\"><strong>d20.00<\/strong><br \/>\n<em>R67.41<\/em><\/td>\n<td style=\"text-align: center;\"><strong>d46.00<\/strong><br \/>\n<em>R155.04<\/em><\/td>\n<td style=\"text-align: center;\"><strong>d38.00<\/strong><br \/>\n<em>R128.08<\/em><\/td>\n<td style=\"text-align: center;\"><strong>d1.89<\/strong><br \/>\n<em>R6.37<\/em><\/td>\n<\/tr>\n<tr>\n<td>Montreal\/Canada<\/td>\n<td style=\"text-align: center;\"><strong>C$10.00<\/strong><br \/>\n<em>R99.63<\/em><\/td>\n<td style=\"text-align: center;\"><strong>C$4.35<\/strong><br \/>\n<em>R43.34<\/em><\/td>\n<td style=\"text-align: center;\"><strong>C$7.00<\/strong><br \/>\n<em>R69.74<\/em><\/td>\n<td style=\"text-align: center;\"><strong>C$13.00<\/strong><br \/>\n<em>R129.52<\/em><\/td>\n<td style=\"text-align: center;\"><strong>C$1.20<\/strong><br \/>\n<em>R11.96<\/em><\/td>\n<\/tr>\n<tr>\n<td>Bangkok\/Thailand<\/td>\n<td style=\"text-align: center;\"><strong>b174.00<\/strong><br \/>\n<em>R66.77<\/em><\/td>\n<td style=\"text-align: center;\"><strong>b126.00<\/strong><br \/>\n<em>R48.35<\/em><\/td>\n<td style=\"text-align: center;\"><strong>b111.00<\/strong><br \/>\n<em>R42.59<\/em><\/td>\n<td style=\"text-align: center;\"><strong>b196.50<\/strong><br \/>\n<em>R75.40<\/em><\/td>\n<td style=\"text-align: center;\"><strong>b30.00<\/strong><br \/>\n<em>R11.51<\/em><\/td>\n<\/tr>\n<tr>\n<td>Rio\/Brazil<\/td>\n<td style=\"text-align: center;\"><strong>R$26.00<\/strong><br \/>\n<em>R99.62<\/em><\/td>\n<td style=\"text-align: center;\"><strong>R$8.00<\/strong><br \/>\n<em>R30.65<\/em><\/td>\n<td style=\"text-align: center;\"><strong>R$12.00<\/strong><br \/>\n<em>R45.98<\/em><\/td>\n<td style=\"text-align: center;\"><strong>R$27.00<\/strong><br \/>\n<em>R103.45<\/em><\/td>\n<td style=\"text-align: center;\"><strong>R$4.10<\/strong><br \/>\n<em>R15.71<\/em><\/td>\n<\/tr>\n<tr>\n<td>Johannesburg\/South Africa<\/td>\n<td style=\"text-align: center;\"><strong>R57.00<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>R27.00<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>R25.00<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>R64.50<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>R14.20<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read:\u00a0<a href=\"https:\/\/businesstech.co.za\/news\/finance\/217991\/heres-what-the-rand-could-be-worth-at-the-end-of-2018\/\" target=\"_blank\" rel=\"noopener\">Here\u2019s what the rand could be worth at the end of 2018<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to the &#8220;Ramaphosa factor&#8221;, the rand is currently enjoying one of its longest winning streaks since 2002 &#8211; here&#8217;s how far it will go when travelling overseas.<\/p>\n","protected":false},"author":10,"featured_media":51640,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11121],"tags":[10179,26],"class_list":["post-218267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-expatistan","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/218267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=218267"}],"version-history":[{"count":8,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/218267\/revisions"}],"predecessor-version":[{"id":218305,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/218267\/revisions\/218305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/51640"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=218267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=218267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=218267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}