Go Back   Horizons Unlimited - The HUBB > Planning, Trip > Trip Paperwork

Trip Paperwork Covers all documentation, carnets, customs and country requirements, how to deal with insurance etc.
Contact Overland Solutions for all your custom modifications and setup for overland travel.

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 20 Sep 2011
Contributing Member
Veteran HUBBer
 
Join Date: Jul 2007
Location: Rockhampton, Australia
Posts: 890
Cash or Plastic - Currency - Europe to Asia?

Hi

I hope this is in the right place.

OK, planning a trip next April and have quite a stash already saved. I will be doing Europe, then east via Russia(or south and Iran) and onwards to Pakistan, the Silk Road bits to Singapore.

I was thinking of taking US dollars with me, because the exchange rate is quite good now, but I would have to buy notes and then carry them.

Is this a silly idea, or should I just wait until I travel and carry plastic, like I did in the Americas and just cash out at ATMs.

I will definitely take some dollars, for those 'special' moments, but I was thinking of quite a bit, which is a security risk

For those who have traveled this route, what is needed along the way, any advice would be welcome

Thanks in advance
TravellingStrom
__________________
www.travellingstrom.com
Reply With Quote
  #2  
Old 20 Sep 2011
Registered Users
Veteran HUBBer
 
Join Date: Nov 2006
Location: Canada
Posts: 738
Hi TS,

In general, in regards to carrying cash, safest idea is to not carry much. Not much benefit, a lot more risk. Bank cards and credit cards to access cash along the route are fine with some back up cash for emergencies. When planning on riding through more remote regions, carry enough to get you through to next town with banking services.

If your motivation is to lock in the strong $AUD, you can open a USD denominated account at many banks. Or even a Euro denominated one for that matter. Some free (and therefore to be taken with a grain of salt) F/X advice, I would just leave it in AUD as your relative interest rates are ~5% and you would earn almost nothing on USD accounts and therefore you will be that far ahead when it comes to compensating for future negative currency fluctuations but still allow for upside if there are fluctuations in your favour.
Reply With Quote
  #3  
Old 20 Sep 2011
Registered Users
Veteran HUBBer
 
Join Date: Apr 2008
Location: in the saddle
Posts: 311
Euro

...been checking advisability of same for next year, evidently almost everyone is predicting the Euro to drop below 1.20 to the dollar by spring...or worse.

Zig
Reply With Quote
  #4  
Old 21 Sep 2011
Contributing Member
Veteran HUBBer
 
Join Date: Jul 2007
Location: Rockhampton, Australia
Posts: 890
OK thanks for that, it reinforces a few things I have read since.

I would like to lock in some dollars especially for the far east countries, but it is all a gamble playing with currencies

I will look into the Travellex card again,

Cheers
TS
__________________
www.travellingstrom.com
Reply With Quote
  #5  
Old 21 Sep 2011
Registered Users
Veteran HUBBer
 
Join Date: Apr 2007
Location: Helsinki
Posts: 1,580
Quote:
Originally Posted by TravellingStrom View Post
Is this a silly idea, or should I just wait until I travel and carry plastic, like I did in the Americas and just cash out at ATMs.
If you go to Iran, this might not work. But on the upside, it´s quite cheap to travel there, so unless you stay for a very long time, not really a problem to even carry the cash with you (though it´s always a risk).

We probably carried enough money to get us from Turkey all the way to India... so I don´t actually remember, how this was in Pakistan - maybe someone knows?
Reply With Quote
  #6  
Old 21 Sep 2011
Contributing Member
Veteran HUBBer
 
Join Date: Jul 2007
Location: Rockhampton, Australia
Posts: 890
OK, thanks again, I have come to a decision, take a mediochre amount stashed away for those 'special' days and the rest using plastic, if I get dollars now with Travellex, I can lock in the exchange rate and take pot luck on the Euro.

Cheers for all the responses
TS
__________________
www.travellingstrom.com
Reply With Quote
  #7  
Old 21 Sep 2011
Registered Users
Veteran HUBBer
 
Join Date: Apr 2008
Location: in the saddle
Posts: 311
or wait for the new Greek money

Looks like they might capitulate and withdraw from the Euro...ouch !
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
Europe Asia and South East Asia bigphil62 Southern Asia 2 18 Feb 2011 10:33
Cash?Travellers cheques? prepaid plastic? Lonesome George Travellers' questions that don't fit anywhere else 8 5 Jul 2010 19:39
Asia - SE Asia to Europe - when to start??? davidmc Route Planning 8 16 Aug 2003 06:37
NZ via Asia to Europe bmwpd Travellers Seeking Travellers 8 3 May 2003 18:13
Plastic/metal jerrycans in UK/Europe? Barry Johnson Yamaha Tech 4 2 May 2003 16:18

 
 


HU DVD Summer Special!

Now that summer is here, get On the Road! Take 30% off the Achievable Dream - On the Road! 2-DVD set until August 31 only. Get On the Road! Learn the tips to staying healthy, happy and secure on your motorcycle adventure!

Our veteran travellers share their tips (and great stories) for staying healthy, happy and secure on your motorcycle adventure.

"A fantastic, informative and inspirational DVD."

"It's brilliant - thank you very much!"

Check it out at the HU Store! Remember to use Coupon Code 'ONTHEROAD' on your order when you checkout.


Renedian Adventures

What others say about HU...

"I just wanted to say thanks for doing this and sharing so much with the rest of us." Dave, USA

"Your website is a mecca of valuable information and the DVD series is informative, entertaining, and inspiring! The new look of the website is very impressive, updated and catchy. Thank you so very much!" Jennifer, Canada

"...Great site. Keep up the good work." Murray and Carmen, Australia

"We just finished a 7 month 22,000+ mile scouting trip from Alaska to the bottom of Chile and I can't tell you how many times we referred to your site for help. From how to adjust your valves, to where to stay in the back country of Peru. Horizons Unlimited was a key player in our success. Motorcycle enthusiasts from around the world are in debt to your services." Alaska Riders

contest pic

10th Annual HU Travellers Photo Contest is on now! This is an opportunity for YOU to show us your best photos and win prizes!

NEW! HU 2014 Adventure Travel T-shirts! are now available in several colors! Be the first kid on your block to have them! New lower prices on synths!

HU 2014 T-shirts now in!

Check out the new Gildan Performance cotton-feel t-shirt - 100% poly, feels like soft cotton!


What turns you on to motorcycle travel?


Global Rescue, WORLDwide evacuation services for EVERYONE

Global Rescue is the premier provider of medical, security and evacuation services worldwide and is the only company that will come to you, wherever you are, and evacuate you to your home hospital of choice. Additionally, Global Rescue places no restrictions on country of citizenship - all nationalities are eligible to sign-up!


New to Horizons Unlimited?

New to motorcycle travelling? New to the HU site? Confused? Too many options? It's really very simple - just 4 easy steps!

Horizons Unlimited was founded in 1997 by Grant and Susan Johnson following their journey around the world on a BMW R80 G/S motorcycle.

Susan and Grant Johnson Read more about Grant & Susan's story

Membership - help keep us going!

Horizons Unlimited is not a big multi-national company, just two people who love motorcycle travel and have grown what started as a hobby in 1997 into a full time job (usually 8-10 hours per day and 7 days a week) and a labour of love. To keep it going and a roof over our heads, we run events (22 this year!); we sell inspirational and informative DVDs; we have a few selected advertisers; and we make a small amount from memberships.

You don't have to be a Member to come to an HU meeting, access the website, the HUBB or to receive the e-zine. What you get for your membership contribution is our sincere gratitude, good karma and knowing that you're helping to keep the motorcycle travel dream alive. Contributing Members and Gold Members do get additional features on the HUBB. Here's a list of all the Member benefits on the HUBB.


Books & DVDs

amazon

All the best travel books and videos listed and often reviewed on HU's famous Books page. Check it out and get great travel books from all over the world.


Motorcycle Express for shipping and insurance!

Motorcycle Express

MC Air Shipping, (uncrated) USA / Canada / Europe and other areas. Be sure to say "Horizons Unlimited" to get your $25 discount on Shipping!
Insurance - see: For foreigners traveling in US and Canada and for Americans and Canadians traveling in other countries, then mail it to MC Express and get your HU $15 discount!




All times are GMT +1. The time now is 19:13.