Exchange Rates for Gap Year Travel

Whether you’re taking a year out before university, or you’ve got your degree and you want to have some life experience before heading out to work, a gap year is a great way to see the world, meet new people and test your independence. When you’re planning a gap year, there are lots of things to think about, including exchange rates for the cash you’re going to need to get yourself around.

Exchange Rates for Work and Play

For many people, a gap year is an opportunity to work your way around the world, seeing amazing sights and making lifelong friends. Working in each country you visit is certainly a great way to get your hands on local currency without worrying about exchange rates. Students and travellers are often popular prey for pickpockets and thieves, which is why you need to be sure that you’ve got your money, travellers cheques and credit cards in a safe place at all times. Planning ahead for working abroad or just enjoying yourself means that you’ll need to familiarise yourself with exchange rates:

- Sterling value
Before you leave, think about the places you’re going to be visiting so that you know what type of currency you need to order. Check out the tourist sites of each country and look on forums and community pages to find out as much as you can before you leave. If you can learn from the experiences of others, you’ll have a much better time. Using favourable exchange rates in the UK to give yourself a reasonable amount of cash in each currency you need will help you to get along when you first arrive.

- Working for a living
If you’re planning to work whilst you’re overseas, you’re likely to be paid in local currency. This means that you don’t have to think about finding out exchange rates and looking for somewhere to exchange your cash. It also means that if you have any of that currency left at the end of your stay, you can either exchange it for more of the currency for the next country you visit, or bring it back to the UK with you so that you can benefit from the exchange rates here.

- Looking after your cash
Whether you use cash, travellers cheques, credit cards or a mixture of all three, you’ll have more than exchange rates to worry about if you are the victim of theft. Make sure you carry money and important documents with you in a secure money belt and use safes in hostels or motels if you are happy to do so. Get good travel insurance so that if the worst does happen, you can get in touch with someone who can help.

Gap Year Exchange Rates at Crown Currency Exchange

We’re used to helping people get the best value for their foreign currency. Our exchange rates are always competitive, we don’t charge commission and you can order your currency from the comfort of your own home. Take a look at our site and order online or call us on 0800 612 7273 to find out more today.

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