While the Dollar to Rand has certainly enjoyed a very favorable exchange rate due to a weak South African economy/government, expect even more favorable rates in the near future as the Dollar strengthens and the Euro falls. This will also have an impact on the Dollar to Rand.

While we always hope for cheaper safari costs as a result, as we have seen over the years, a strong dollar does not necessarily buy you more in the field. Lot's of explanations on both sides as to why, but suffices to say, your dollar will go further in Africa.

The only place it will help is where you spend money in Rand, so buying a hamburger at OR Tambo International Airport and souvenirs in country will be cheaper but the actual hunt costs will not be.

They never are, by some stroke of magic.

How good does that SA Rand hamburger taste?

quote:

Originally posted by Use Enough Gun:
They never are, by some stroke of magic.

Yes? Well, what of these little details:

- The Government collects Trophy Fees in USD
- The Government collects Hunting Permit fees in USD
- The Government collects Daily Fees in USD
- The price of our fuel is based on the price of oil in USD
- Hotels charge us in USD
- Charters charge us in USD
- The Firearms Import Permit is charged in USD
- The Trophy Export Permit is charged in USD
- The PH's daily rate is calculated in USD
- Our vehicles are ALL imported, priced in USD or direct conversion from USD prices
- Spare parts, see above
- Tools and sundries, see above
- Spirits and wines, see above
- Most camp staff daily salaries are based on USD
- Almost everything we use, rent, buy or steal is basically priced in USD

Actually one of the few things that are not directly linked to the USD are mangoes and the such, even though they eventually follow.

I'll gladly give you a larger mango slice with your breakfast anytime the USD appreciates, AND mango prices do not go up.

quote:

Originally posted by Victor Watson:
How good does that SA Rand hamburger taste?

Kinda Wimpy

quote:

Originally posted by BNagel:

quote:

Originally posted by Victor Watson:
How good does that SA Rand hamburger taste?

Kinda Wimpy

You should have tried Steers instead

http://www.cnbc.com/2016/06/24...headline&par=xfinity



'The euro is gone within three to five years,' one expert says

Christine Wang | @christiiineeee
4 Hours Ago
CNBC.com


The chairman of the Burnbrae Group told CNBC on Friday the end of the euro is looming after the British vote to leave the European Union.

The currency hit a low of $1.0909 against the dollar after the vote, ending the session near $1.11. While many analysts have bet on a break up of the single currency in the past, the U.K.'s decision to exit the EU has raised the stakes, and led to speculation that dissatisfaction with European unity could lead other members to depart.

Burnbrae's Jim Mellon, who had supported the leave campaign, told CNBC's "Worldwide Exchange" the euro is "unsustainable." He said that within the euro zone, Germany's currency is "significantly undervalued, but France's is overvalued."

"I think the euro is gone within three to five years, as it currently exists," Mellon said.

David Bloom, global head of FX strategy at HSBC, told "Worldwide Exchange," he's not so sure the euro is doomed. "The question is one of contagion," he said.

Yet most analysts agreed the single currency's near-term risks were skewed to the downside, particularly with Europe's moribund economy and uncertainty in Britain after the shock vote. That puts the U.K.'s pound in the immediate crosshairs of nervous investors as well.

"This is a sterling problem," not a euro problem, Bloom said. The drop in the pound sterling, according to Bloom, is "not a move, this is an adjustment," something that he believes "has to take place."
"It needs to fall to a level at which the U.K. gets investment back again and I don't think the fall is over," he said.

Simon Derrick, chief currency strategist at BNY Mellon, agreed, telling "Worldwide Exchange" that "it'd be foolish not to believe that there's more space to the downside."

Derrick said, however, that the sterling has seen a "pretty positive" rebound since Mark Carney, governor of the Bank of England, said that the central bank would be providing more liquidity. The BNY strategist concluded it may be better to start looking for what will be the next domino to fall.

Kit Juckes, global head of FX strategy at Societe Generale, said that while the U.K. will likely see a slowdown in growth in the next few years, "this isn't the end of the world." Juckes said the uncertainty will "weigh gradually" on England as it disentangles itself from the EU, but it ultimately won't be crippling.

"Economically, this is not as bad as the post-Lehman environment. This town will do OK," he said.

quote:

Originally posted by Victor Watson:
How good does that SA Rand hamburger taste?

I had a burger at the Soaring Eagle Spur at Tambo, burger OK but ketchup bad, the whole concept of iced tea confused them. Wimpie's is good.

When converting dollars to rand it is going to need a wheelbarrow.

Mark

Britain is a long way from actually leaving the EU, and the British Pound will be falling against both the US Dollar and the Euro, making the numbskulls that voted Brexit wish they had their wages paid in Euros instead of Pounds.

Regardless, many of the cost inputs for African Hunting are denominated in Dollars or some other hard currency, like oil, autos, tires, and even some governmental fees (depending on the particular country). Only local foodstuffs, wages, and to some extent the profit of the hunting outfit are mostly denominated in local currencies. Bottom line: While you might expect African hunting to be marginally lower in price due to currency exchange rates, it's really not enough to allow hunting outfits to lower their posted prices any significant amount.