Planning your next Trip?Written by gerron woodruffe
Currency movements can affect cost of a trip. For example, a favorable rate of exchange means that your local currency is worth more and will provide you with more buying power. In fact, travelers whose local currency has appreciated dramatically will find that they will be able to afford much more on their vacation this year. On other hand, a less favorable exchange rate of exchange means that your currency will be worth less resulting in less buying power overseas. If your domestic currency has depreciated significantly you may find your options more limited. As a traveler, your main concern should be to get most favorable rate possible. In order to do this, however, one must first understand foreign exchange market. In foreign exchange market, currency of one country is exchanged for an equivalent amount of currency of another. Foreign exchange rates are not static, but change dynamically-sometimes many times within a single minute. At this point, however, most of you might be asking, why does it take more dollars to buy a euro this week than it did last week? Why would it cost you more today to buy a cup of coffee in another country than it did before, even though price has remained same there? The answer has to do with value of a country's currency relative to price of another currency. Currencies, just like any other commodity that can be bought or sold, are subject to laws of supply and demand. When more people want a particular currency, cost of currency in terms of other currencies will go up. When demand decreases or people do not want to hold a country's currency, value will go down. One factor that directly affects demand for a currency is international trade. For instance, if I buy a Japanese car in US, I give dollars to my dealer, who gave dollars to his distributor, and so on. But before profits are banked by carmaker in Japan, they are converted into Yen. There is a surge of buying of Japanese cars this month, result is going to be increased demand for Yen-which will in turn cause an appreciation in Yen's value. An increase in international investment into Japan would have same effect, since more money is being converted into Yen to purchase Japanese assets.
| | Enjoy Some Vacation Time at the Alabama Theatre in Myrtle BeachWritten by Gregg Gillies
The Alabama Theatre in Myrtle Beach isn’t named with state of Alabama in mind, but rather with country group legends Alabama who started their career in Myrtle Beach, South Carolina.When they’d had enough of nomadic life, and wanted to set down more fixed roots, it was back to Myrtle Beach they returned and Alabama Theatre Myrtle Beach was created. Built in 1991 on Barefoot Landing complex, Alabama Theatre in Myrtle Beach offers a great place for an evening’s entertainment. Throughout year top country stars and other performers take to Alabama’s stage, but they have two main shows which make up bulk of ticket sales for theatre. Firstly there’s “One” show. This show is one for anyone who loves music! Showcasing songs across entire spectrum of music, from bluegrass to Broadway hits and almost every genre in between, show plays weeknights and Saturday nights throughout a major portion of year and would be a great show to take whole family to see! November brings a change of main show when “One” show takes a break and “One for Holidays” takes over for a two month run. Billed as “The South’s Grandest Holiday Show” this show hosts an array of special effects, talented performers, skilled backstage people who’ve all come together to produce a magical show which showcases Holiday music people love in a new package that will entertain and enchant.
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