Sri Lanka named best value travel destination

Travelling on the pound used to be an absolute dream. A few years ago exchange rates were so good you could travel for longer and cheaper than compared to today’s markets. In 2007, £1 used to get you US$2.10, AU$2.60 and 85 baht. Today it gets you US$1.55, AU$1.60 and 48 baht; a significant difference.

However, it seems that there are a few countries out there that are still good value for money.

A recent survey conducted by the Post Office compared the average cost of 10 typical holiday purchases, including a bottle of water, a beer, sun cream, insect repellent postcards and a three-course meal for two with wine, in 28 popular destinations.

The country that came out top was Sri Lanka, with the 10 items costing £31.81, a fall of 33% since last year.

The total cost of items fell by at least 15% in Dubai and Egypt and up to 27% in South Africa.

Sarah Munro, the head of travel money at the Post Office, said in a statement: “After a summer when the weak pound bought less holiday cash in Europe, tourists heading farther afield for winter sun can look forward to seeing their money stretch further.”

"Resort prices have fallen in two thirds of countries surveyed and sterling has strengthened against 15 of 28 long-haul currencies."

This means that if you’re heading to Sri Lanka, Thailand or South Africa on your gap year you’ll get more bang for your buck, meaning you can afford more of those little luxuries.

The best and worst value destinations:

Country

Cost for 10 items

2011 v 2010

Sri Lanka

£31.81

-33%

Thailand

£51.48

-4%

Vietnam

£52.72

n/a (new addition)

Mexico

£52.93

+9%

Malaysia

£56.66

+7%

South Africa

£57.84

-27%

Indonesia

£59.20

+11%

Argentina

£60.94

n/a (new addition)

Dominican Republic

£63.83

n/a (new addition)

Kenya

£65.35

-16%

Dubai

£66.16

-19%

Egypt

£73.85

-16%

Japan

£74.73

+2%

USA (Orlando)

£83.99

n/a (new addition)

Jamaica

£87.64

-1%

St Lucia

£91.76

n/a (new addition)

Antigua

£93.66

-4%

Mauritius

£97.35

-7%

Singapore

£109.61

-3%

Brazil

£110.95

-11%

Costa Rica

£111.13

n/a (new addition)

Barbados

£114.44

+1%

Canada

£114.62

-6%

China

£116.43

+27%

USA (Miami)

£118.86

+18%

New Zealand

£122.27

+9%

Australia

£128.02

n/a (new addition)

Hong Kong

£132.06

-11%

We ran a story recently, ‘Students flock to South East Asia over Australia’, and we can see why with Thailand once again being voted as one of the best value destinations to travel to.

So where are you going on your gap year - Australia or Thailand? Are you influenced by exchange rates or do you travel to countries regardless of money? Post your thoughts below.