Contact Overland Solutions for all your custom modifications and setup for overland travel.               Discover the extraordinary with Compass Expeditions.

Go Back   The HUBB > Regional Forums > sub-Saharan Africa

sub-Saharan Africa Topics specific to sub-Saharan Africa. (Includes all countries South of 17 degrees latitude)
With more than 58 destinations worldwide, Edelweiss Bike Travel is Number 1 in guided motorcycle tours!
Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 16 May 2006
Wheelie's Avatar
Registered Users
Veteran HUBBer
 
Join Date: Oct 2005
Location: Oslo, Norway
Posts: 317
Exchanging $, Cape Town - Nairobi

We will be travelling from Cape Town to Nairobi (South-Africa, Botswana, Zambia, Tanzania, Kenya). As we will be going as fast as we possibly can, we will not have a lot of time enroute to exchange our cash into local currencies. We will be riding every day, an average of 300 km a day, hence if exchange opportunities doesn't fall right into our lap, we will have a problem.

Our question are as follows:
  • What is the prefferred currency, US Dollars or Euros?
  • How easy is it to exhange money en route?
  • Any particular places where exchanging money will be easy or difficult? To what degree and with what implications?
  • Is it easy to exchange money at borders?
  • Should we obtain local currency for the country we are entering before entering or after? Why? How important is this?
  • Will it be difficult to sell local currencies when leaving a country?
  • Will local currencies be easy to sell at an ok rate in a neighbouring country, or should they be sold before leaving? In short, which side of the border should we buy or sell our local currencies (preferably in the same place).
  • Can we pay for stuff using US Dollars or Euros? What items? How lucrative/unlucrative is this?
  • How much cash for our estimated expenditures for one country should be bought at once. All of it? 50% of it? Enough for three days? Etc?
  • Other reccomendations and consciderations.
Any comments are appreciated, but please bare in mind that we will be travelling fast, hence we will not have a lot of time to spend on searching out monay changers, waiting in lines, waiting for money changers to open, etc.

Thanks to all of you who have been so kind to aid me so far (too many to name), and thanks again for this aditional piece of support.
__________________
http://www.bamakobyvespa.no
Reply With Quote
  #2  
Old 2 Jun 2006
Gold Member
Veteran HUBBer
 
Join Date: Jan 2002
Location: Sidney, BC Canada
Posts: 776
In the last month, I have been in both South Africa and Kenya. In each country, I just take my Canadian or Swiss bank card and stuff it into a cash machine (the things are everywhere), and the cash machine then spits the local money out at me.

The exchange rate from the cash machines is excellent - it is bank rate - and you don't have to worry about carrying large amounts of cash, or trying to buy some obscure local currency in another country.

If you want to carry cash, the US dollar is King in Africa. Just be sure to bring fresh, clean, (never torn or damaged) banknotes of the very latest series - in most places in Africa, people will not accept US banknotes with print dates of 1999 or earlier.

My suggestion is that you get about US $100 worth of currency of the country you plan to visit first prior to landing there (meaning, buy it in Europe or wherever), then use a bank card for the rest of your trip. If you carry two bank cards (a Visa and a MasterCard) that are both capable of making cash withdrawals from your bank account (not credit card advances), you will be all set. Just be sure to test out the bank account withdrawal function of the two cards thoroughly at home - sometimes the PIN numbers are different if you are making a bank account withdrawal - and notify your credit card company of your intent to travel in Africa before you leave.

I kind of suspect that Botswana and Tanzania will be equally as contemporary as Kenya and South Africa so far as bank machines (ATMs) are concerned, but I don't know for sure. As for Zambia - I think that place is kind of screwed up, I wouldn't count on finding functional ATMs there.

Last edited by PanEuropean; 2 Jun 2006 at 01:18.
Reply With Quote
  #3  
Old 2 Jun 2006
Registered Users
Veteran HUBBer
 
Join Date: Oct 2004
Location: London
Posts: 507
There are plenty of ATMs in Zambia, particularly in Livingstone and Lusaka.
Reply With Quote
  #4  
Old 2 Jun 2006
Registered Users
Veteran HUBBer
 
Join Date: Oct 2005
Location: Umtentweni, Kwa Zulu Natal, South Africa
Posts: 170
South Africa

Hi,

it is no problem to change € into ZAR. Also here are ATMs at every corner, but they also charge fees. And by some ATM you only can draw 1000 Rand. Absa ATMs are nomaly good for 3000 Rand.

c u

Thomas
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 Registered Users and/or Members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
London - Cape town: How Much? edorr Travellers' questions that don't fit anywhere else 5 25 Dec 2006 17:16
Land Rover Cape Town Adventurisedotcom sub-Saharan Africa 1 4 May 2006 23:06
NAIROBI TO CAPE TOWN afric Travellers Seeking Travellers 0 1 Feb 2005 16:04
Touring around Cape Town and the Cape Winelands chris.mick Route Planning 3 20 May 2002 17:36
Airfreight: Cape Town to Buenos Aires Stephan Solon Trip Transport 0 11 Nov 2000 05:11


All times are GMT +1. The time now is 06:49.