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Joined: May 2007
Posts: 1,667
Campfire Regular
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OP
Campfire Regular
Joined: May 2007
Posts: 1,667 |
The current exchange rates for the Euro and Rand seem quite favorable right now. As we enter the "Show Season", is it out of line to inquire with outfitters on safari prices based on how (relatively) strong the USD$ is? A lot of safari operators quote in multiple currencies but with rates where they are now, the differences can be substantial. Not sure why a given Trophy Fee can have nearly a $500 difference between USD$ and Euro when it is the same animal being hunted. Have noticed a sizable difference in Daily Rates among outfitters, as well.
Would appreciate any insights.
I'm becoming more tolerant of intolerant people.
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Joined: Sep 2010
Posts: 992
Campfire Regular
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Campfire Regular
Joined: Sep 2010
Posts: 992 |
The current exchange rates for the Euro and Rand seem quite favorable right now. As we enter the "Show Season", is it out of line to inquire with outfitters on safari prices based on how (relatively) strong the USD$ is? A lot of safari operators quote in multiple currencies but with rates where they are now, the differences can be substantial. Not sure why a given Trophy Fee can have nearly a $500 difference between USD$ and Euro when it is the same animal being hunted. Have noticed a sizable difference in Daily Rates among outfitters, as well.
Would appreciate any insights. As the market is US$ related, it is just a way of giving the guys from the other countries a break.I accept any curreny, whether it's USD to AUD. ( No Zim Dollars.) I have booked safaris that are yet to come up, which, had I not helped the hunters out regarding the exchange rate, would have cost them 20% more, than the original quotation. The 20% might not sound like much, but it turns a $10K hunt, into a $12K hunt. Most outfits will negotiate, with regards to the strong USD at the moment. Just talk to your outfitter.
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Joined: Dec 2008
Posts: 895
Campfire Regular
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Campfire Regular
Joined: Dec 2008
Posts: 895 |
I know of one PH/Outfitter in Namibia that has reduced his prices due the great USD to NAD exchange rates to basically the the same he was charging in 2011-2012. All in daily rates are $240 USD p/d 1x1 and $200 USD p/d all up, 2x1 plus trophy fees. And he also reduced the trophy fees as well. Kudu - $1250, Gemsbok - $750, Mountain Zebra - $1250 just for starters.
Been going there annually, sometimes multiple times, since 2008. Booked for the first one for this year for the end of Apr.
PM for details.
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Joined: Nov 2006
Posts: 5,796
Campfire Tracker
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Campfire Tracker
Joined: Nov 2006
Posts: 5,796 |
Many African countries have pegged their currency to the Euro. The Euro has taken a big hit against the US dollar. But this is not always reflected in the exchange rate. Sometimes better to buy Euro and pay your fee with that currency.
It is better to be judged by 12 than to be carried by 6.
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Joined: Dec 2010
Posts: 2,631
Campfire Regular
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Campfire Regular
Joined: Dec 2010
Posts: 2,631 |
Two outfitters I have booked with; Hotfire Safaris; Patrick Fletcher and Chris Troskie Safaris have denominated hunts in Canadian dollars. Made a big difference for us. What ever monies we saved by not having to spend US dollars May 2015 we spent on additional trophy fees  The Canadian dollar and the Rand seem to have a rather tight relationship exchange rate wise whenever I have looked.
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Joined: Sep 2010
Posts: 992
Campfire Regular
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Campfire Regular
Joined: Sep 2010
Posts: 992 |
This is how we do it: Select your currency at the top. http://www.huntsafaris.co.za/saprice.phpIt is almost impossible to change the rate every day on one's website, and as the $/R rate fluctuate, it certainly gives hunters some better bargaining power. Talk to your outfitter.
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