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71

The US Department of State publishes recommended per diem ("per day") reimbursement rates for every major city. These are intended to enable fair reimbursement for travel expenses incurred by US federal employees transacting business on behalf of the US government. For instance an employee travelling to London will be entitled to claim 322 USD for lodging ...


31

The Economist Magazine invented the so-called "Big Mac Index" as an attempt to measure the relative purchasing power between various currencies. THE Big Mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion ...


18

Although Numbeo, a crowdsourced city comparison tool, is for cost of living and not travelling it is still an extremely useful resource even for short stays. For example Vancouver vs Jerusalem shows prices in restaurants, markets, rent per month (while you likely won't rent for a month the ratio between two cities will be similar for a daily rent).


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The problem with many of the online comparison tools is that they don't necessarily reflect the kind of travel lifestyle you're going after. Here's what I normally do to get a good estimate: Go to HostelWorld, find the highest rated hostel and check their daily rate for a 4-person room. In Prague that's around 30EUR, while in London it's closer to 50EUR. ...


10

Numbeo is accurate for the cities I tried, but in many areas there are very cheap long term basic accommodation and only luxury travel accommodation for tourists. I think that someone who asks this question has a finite budget, the option to go where he wants and desires to get the most "bangs for his bucks". Most of the answers I saw were for luxury ...


8

Cost of living indexes don't fully apply to tourism as residents incur a different set of costs to visitors. Also, per-diems are used to provide an estimation of how much a business traveller might be expected to spend and be allowed to claim back from their employer. A business traveller is unlikely to be able to claim for the cost of renting a beach chair ...


5

There is no limit for bringing money into the UK, however amounts of 10000 euro must be declared: e.g. from the VisitLondon site: Declaring Your Goods When entering the UK from a non-EU country, you must make a declaration to customs if: You have 10,000 euros or more (or equivalent) in cash The amount you can take out of India is covered ...


4

According to a couple of experts interviewed by the UK Telegraph: Bill O’Neill, head of the UK investment office at UBS Wealth Management, said: Obviously relative growth rates are part of it, as that always drives the value of currency. But in Europe it’s a different world. We’re talking about the next potential move for UK interest rates ...


4

As much as you like It's your money, we don't care how much you bring with you: the more you bring, the more you can spend, we're fine with that. However there are two important things to note You must declare any amount over €10,000 (this applies to the UK as well as the EU, noting that the currency is still Euros when entering the UK! This would be the ...


3

It appears you asked the same question in the Caravanistan forum. All of this answer will be based on the info there but since you seemed not satisfied with it you should come back here after your trip and give an answer based on your personal experience. As reported in the forum post, there are ATMs in Beyneu so you can always withdraw some tenge. I also ...


2

I can't give financial advice or comment on the markets - for financial advice from people who know what they're talking about, try http://money.stackexchange.com and check what sort of currency speculation related questions they accept before posting - but in general if you need money to travel and the markets are unpredictable, you can reduce your risk by ...


2

As of May 2016, I used my Fidelity Check Card in every ATM, from the local ones to those of foreign banks. So far, the only ATM that didn't charge a fee was the HSBC ATM. For reference, I used the one in Greenhills. In regards to changing currencies, the best rates in the entire Philippines are in Greenhills within Manila. Only use the money changers that ...


2

If you're in the UK, you can now exchange your foreign coins with Fourex machines. They have created machines that automatically exchange your foreign (and British) coins with either pounds, euros and dollars. They won Richard Branson's Pitch To Rich 2015 and currently have 4 kiosks in 3 locations around London and are in the process of adding many more. ...



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