If you’re planning travel in 2026, where you go can make a real difference to how far your budget stretches.
With exchange rates constantly shifting, savvy Aussie travellers are increasingly choosing destinations where the Australian dollar (AUD) is performing strongly – getting you more meals, experiences and upgrades for the same spend.
Right now, while traditional favourites like the UK, US and Europe remain popular, the reality is your dollar isn’t working as hard there, making these destinations comparatively expensive for Australians.
That doesn’t mean you should skip them entirely, but if value is front of mind, there are smarter ways to travel in 2026.
Here’s where your Aussie dollar is delivering the most value right now
Top Countries for AUD Value in 2026
Japan: A Five-Year High for Aussies
The Australian dollar is sitting at a five-year high against the Yen, with around ¥112 per $1 AUD, making Japan noticeably better value than it has been in years.
We’re seeing more Aussies lean into longer stays, regional travel and premium experiences, simply because their dollar is going further on the ground. From Tokyo to Niseko, it’s the kind of destination where you feel the value almost immediately.
Vietnam: Even Better Value Than Before
The Australian dollar is buying around 18,520 VND, marking a 12% increase over the past year and making an already affordable destination even more appealing.
Vietnam continues to climb the list for Australian travellers chasing great food, culture and the beach in one trip. Right now, the stronger dollar is tipping the scales even further for those travellers who want to explore more of Southeast Asia.
New Zealand: More Value Close to Home
With $1 AUD buying roughly $1.21 NZD, the Aussie dollar has gained nearly 5% over the past year, shifting the value equation across the ditch.
Already a go-to for Australians, New Zealand offers plenty without the long-haul commitment -from breathtaking landscapes and world-class food and wine to adventure experiences and accommodation options for every style of traveller.
India: More Experience for Less
The AUD has reached a five-year high of 65.20 INR, a 16% increase over the past year, making India one of the strongest-value destinations for Australians right now.
India is attracting more Australians looking for a destination that offers depth, diversity and cultural richness in one trip. From vibrant cities and iconic landmarks to wellness retreats and luxury train journeys, it’s a place where travellers can experience more, without the premium price tag.
Argentina: Strong Dollar, Premium Experiences
The Australian dollar remains strong against the Argentinian Peso, giving travellers significant purchasing power despite ongoing economic fluctuations.
Right now, Argentina is drawing Australians who want a South America trip that feels high-end without the usual cost. In Buenos Aires, long steak dinners with premium Malbecs come at a fraction of what you’d pay back home, while in Mendoza, winery experiences feel far more accessible. Down south, Patagonia offers bucket-list landscapes – glaciers, mountains, wide-open space without the price tag you’d expect in similar destinations.
Philippines: Island-Hopping Made Easy
The Australian dollar is at a five-year high against the Philippine Peso, trading at around 42 PHP per $1 AUD and making tropical travel more affordable.
For Australians chasing a classic island escape, the Philippines is quickly becoming a go-to. Places like Palawan and Siargao are leading the way – think clear water, island-hopping days and beachfront stays that don’t blow the budget. It’s also the kind of destination where you can slow down and stay longer, with domestic flights and local travel making it easy to explore multiple islands in one trip.
Where the AUD is Weakest
United Kingdom
The AUD is buying roughly 0.53 GBP, making the UK one of the most expensive destinations for Australians at the moment.
Europe (Eurozone)
Against the Euro, the AUD is trading at approximately 0.61 EUR. While this is an improvement from 2025 lows, it still represents significant weakness compared to historical averages.
United States
Although the AUD has improved to around 0.71 USD, it remains below historical averages, meaning the United States is still a relatively expensive destination for Australian travellers.
Source: Reserve Bank of Australia – Exchange rates as of 23 March 2026