Here's where to travel for less on the Aussie dollar right now

We’ve rounded up the best places to travel in 2026, where money-savvy travellers can get the most bang for their buck.

It’s no secret that taking a holiday can be a huge investment. But there is one silver lining – thanks to some favourable exchange rates for the Aussie dollar, there are plenty of destinations where your money will stretch a bit further than usual. From the world-renowned gastronomy of Peru, to the bright lights of Japan’s capital, to the remnants of the Ottoman Empire in North Macedonia – make the most of your travel budget where the Aussie dollar is stronger.

Peru

See the Rainbow Mountain in The Andes. (Credit: Gabriel Silva Suares)

There are plenty of reasons to visit Peru: vast and varied landscapes, incredible food, and a rich cultural heritage. I mean, they have both the Amazon and the Andes in one country – incredible! Plus llamas, of course. And the best news is that Peru’s cost of living is roughly 50 to 55 per cent less than in Australia, meaning our money stretches a lot further even at the worst of times. But in 2026, the AUD has held strong compared to its lower averages from previous years, making it an even better time to get over there.

Approximate 2026 exchange rate: $1 = S/2.43

Japan

Wander down Tokyo’s Memory Lane/Omoide Yokocho.

Great news for Aussies with an affinity for Japan, as the Australian dollar is currently booming against the Yen. The island nation is steeped in history – effortlessly fusing the ancient with the modern. And the country truly has something for every style of traveller. City slickers will enjoy exploring the urban jungle of Tokyo; nature lovers will adore the mountainscapes and cherry blossoms; and history buffs will be spoiled with an abundance of historic temples and sites to discover. In late 2022, the Australian dollar teetered over the 90 Yen mark for the first time since 2018 and continues to hover at historic highs against the Yen.

Approximate 2026 exchange rate: $1 = ¥114

Türkiye

Partake in the iconic sunrise hot air balloon rides over Cappadocia. (Credit: Alex Azabache)

The grand architecture of Istanbul. The fairy chimneys and iconic sunrise hot air balloon rides of Cappadocia. The cascading thermal pools of Pamukkale. This country, bridging Europe and Asia, is completely unique and totally unforgettable. Dine on world-class cuisine, relax on stunning Mediterranean beaches and make the most of more affordable luxury. The Australian Dollar is trading at a near-historic high in 2026, with $1 sitting around 32.5 to 33 Turkish Lira (TRY). For comparison, that’s a significant increase even compared to late 2025, when the AUD was sitting around 27.5 TRY.

Approximate 2026 exchange rate: $1 = ₺32.89

Sweden

The Sodermalm district of Stockholm at sunset.

With the Aussie dollar sailing at a record 10-year high against the Swedish krona, this news should serve as a clarion call to all travellers with a penchant for impeccable design, natural beauty and historical riches. Explore cafes, shopping and art in Stockholm, or head out into the countryside for a glimpse of rural Swedish life. While Sweden normally leaves a larger-than-usual dent in the pockets of travellers, the Australian Dollar to Swedish Krona exchange rate is currently quite strong for Australians. As of late May 2026, 1 AUD generally sits between 6.60 and 6.65kr, which is a significant improvement from the lower ranges seen throughout late 2025.

Approximate 2026 exchange rate: $1 = 6.60kr

North Macedonia

Discover a rich blend of histories in North Macedonia. (Credit: Kristijan Arsov)

History buffs can’t resist North Macedonia, where a rich blend of Ottoman, Byzantine and Roman history leaves behind fascinating traces. Find bazaars left from the Ottoman Empire, ancient lakes surrounded by historic Byzantine churches, neo-classical monuments, and so much more. Beyond the history, it’s a region known for world-class wine and dramatic mountain hiking trails. In 2026, the Aussie dollar has enjoyed a significant improvement from late 2025, bumping up from around 34.50 MKD to 37.80 to 38.00 MKD.

Approximate 2026 exchange rate: $1 = ден 37.89

South Korea

Uncover tradition at Hanok Village in Seoul.

Tech-forward South Korea is full of ancient traditions, culture and historic sites. Get lost in the ebullient buzz of Seoul and explore the dongs (neighbourhoods) lit up by a neon kaleidoscope of flashing signs. If you consider yourself a bit of a foodie, you’ll have plenty to uncover with a bustling restaurant scene and streets lined with food vendors. If you prefer peace and quiet, head into the idyllic countryside to discover a taste of rural life and unparalleled Korean hospitality. Whatever style of travel you prefer, South Korea is slated to become a great-value destination for 2026. The Aussie dollar may have dipped in 2025, but has made a comeback this year, providing a solid boost to your purchasing power

Approximate 2026 exchange rate: $1 = ₩1075

Hungary

Take a stroll along the Danube that runs through the heart of Budapest.

Hungary is another gem on the European continent. The nation’s capital, Budapest, is famed for its beautiful architecture, world-class music and thermal baths peppered throughout the city. Outside of the city, the Hungarian landscape is characterised by rolling green hills, lakes and mediaeval townhouses. In the last few years, the dollar cracked a 10-year high against the Hungarian forint, and in 2026 has hovered between 217 and 224Ft, offering a great option for travellers who want a taste of Europe without contending with those exorbitant Euro prices.

Approximate 2026 exchange rate: $1 = 218Ft

Argentina

Spot the local Guanaco in Patagonia. (Credit: Chris Stenger)

While it’s renowned for its beef, Argentina is also an incredible holiday destination. Thanks to a large Italian migration, it boasts some of the best pizza, pasta and gelato outside of Italy itself. Then there’s the nature; it’s a hiker’s dream. Head south to Patagonia, spotting glaciers and iconic mountain peaks like El Chaltén and Bariloche. Or go north, where the climate is subtropical, and the 275 cascades of UNESCO-listed Iguazú Falls await. And then there’s the culture. Buenos Aires is known as the ‘Paris of South America’ thanks to its architecture, nightlife, and historic neighbourhoods. And don’t forget to join in a tango. The Aussie dollar is exceptionally high here at the moment, sitting around 1000 Argentine Pesos as a result of Argentina’s high domestic inflation.

Approximate 2026 exchange rate: $1 = ARS$1009

South Africa

Spot majestic wildlife on a South African safari.

South Africa is home to some of the most majestic animals on earth, from mighty elephants to elegant leopards and playful baboons. Outside of the wildlife reserves, travellers flock to cities like Cape Town for the beautiful beaches, picturesque setting and a taste of the good life. If a wildlife safari has been on your bucket list, then 2026 could be the perfect time to tick it off. The Aussie dollar is currently sitting pretty against the South African rand, significantly increasing your buying power.

Approximate 2026 exchange rate: $1 = R11.60

Originally by Elizabeth Whitehead. Updated by Kassia Byrnes.