We've done the maths and your overseas trip just got WAY more expensive
February's Ramaphoria seems very far away after the price of an ordinary hotel room and a modest meal went through the roof in September
At time of writing, the rand was trading at R15.58 to the US dollar, at R19.99 to the UK pound and at R18.08 to the Euro.
This compares with R11.50 to the US dollar, R16.37 to the pound and R14.12 to the Euro at the height of 'Ramaphoria' back in February. The effect on accommodation and food abroad has been dramatic. We priced an ordinary meal and a standard Holiday Inn room in New York, London and Paris to illustrate just how much the price has gone up.