Planning a gap year? Your money will go further in Brazil, India, Nepal and South Africa
Britons heading off on a gap year over the coming months can make their money stretch further by avoiding the more traditional destinations and heading instead to Brazil, India, Nepal and South Africa – according to research from travel money specialist Moneycorp and travel advice website gapyear.com.
The research looked at the 20 most popular destinations for gap year travellers, and compared destinations on the strength of sterling, and how the pound has performed against the local currencies over the past 12 months. The results show a large variation in currency fluctuations, and reveal which top gap year destinations offer the best value for travellers on a budget.
For gap year travellers keen to make their money stretch further, Brazil, India, Nepal and South Africa, offer the best value for money, with the pound soaring 26, 22, 21 and 18 per cent respectively against those currencies in the past 12 months.
During the same period, the pound has weakened significantly against other currencies, making some popular gap year destinations far less attractive now compared to a year ago. For example, the pound is 4.43 per cent weaker against the US Dollar and 5.84 per cent down on the Chinese Yuan.
Taking a gap year has become extremely popular amongst Britons. Gapyear.com estimates that 250,000 people will head off on a gap year over the coming months. Typically, the average gapper travels for around six to nine months, during which time they will visit as many as 10 countries on average.
Interestingly, the gap year is no longer confined to students taking time off between studying and starting university, or university and starting their career. In recent years, a growing number of people have taken a career break, leaving the stresses of work behind to head off and see the world.