dubai-camel-on-the-beach

Shopping For Fashion & Jewellery Abroad - Is it Still A Good Idea?

Impulse holiday purchases are all too common, but of course, many purchases made abroad are also meticulously planned in advance.

It’s no secret that the price of a Rolex, an iPad, or the latest fashion accessories in the US, for example, may be considerably cheaper than in the UK.

I can purchase this item and enjoy a free holiday with the money I have saved, the thinking goes – but does this kind of conclusion have its basis in fact, or fiction?

Well, one simple answer is – it used to be true. The rise of ecommerce has standardised the prices of goods more so than any time in history, however, as we can all discover the price of pretty much anything, anywhere online, purchase it, and the only question to answer is: how much are the shipping costs.

That said, certain boutique brands may not be available for shipping overseas. In the world of fashion, for example; many boutique brands not available to buy online retail at considerably higher prices in the UK than they do elsewhere, with savings made running into the hundreds of pounds.

And what about jewellery? Is it cheaper to travel overseas to pick up the perfect engagement ring, for example?

Again, the answer is it can be, but there are certain caveats. First, you must check the tax implications of buying expensive items overseas. Never, never try to “smuggle” items back into the UK without declaring them. But now that flights to places like Dubai are relatively inexpensive, and with jewellery available to buy tax free, if it’s a once in a lifetime purchase you are making, this could be a great option. Plus, it’s a great story to tell the grandkids.

The best answer to the question can I buy cheaper abroad? Then is, it can be – but make sure your research is thorough. Don’t jump to conclusions – South Africa is a great place to buy a diamond, for instance, or perfume is cheaper in Sharm-el-Sheikh – remember, if you are thinking it, other have too, and many “sharks” will position themselves ready to take advantage of naïve, bargain hunting tourists.

If you do decide to shop abroad – take our advice and make sure you are getting the best rates when you are exchanging your pounds for local currency. Fail to prepare, as they say, and prepare to fail!

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Yemen Rials
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USD
United States Dollars
USD
United States Dollars
EUR
Euro
GBP
United Kingdom Pounds
AUD
Australia Dollars
NZD
New Zealand Dollars
CAD
Canada Dollars
HKD
Hong Kong Dollars
INR
India Rupees
PLN
Poland Zlotych
ILS
Israel New Shekels
ZAR
South Africa Rand
CHF
Switzerland Francs
AFN
Afghanistan Afghanis
ALL
Albania Leke
AMD
Armenia Drams
AED
United Arab Emirates Dirhams
ARS
Argentina Pesos
BAM
Bosnia and Herzegovina Convertible Marka
BBD
Barbados Dollars
BDT
Bangladesh Taka
BGN
Bulgaria Leva
AZN
Azerbaijan New Manats
BHD
Bahrain Dinars
BMD
Bermuda Dollars
BND
Brunei Dollars
BOB
Bolivia Bolivianos
BRL
Brazil Reais
BSD
Bahamas Dollars
BTN
Bhutan Ngultrum
BWP
Botswana Pulas
BYR
Belarus Rubles
BZD
Belize Dollars
CDF
Congo/Kinshasa Francs
CLP
Chile Pesos
CNY
China Yuan Renminbi
Colombia Pesos
CRC
Costa Rica Colones
CUP
Cuba Pesos
CZK
Czech Republic Koruny
DJF
Djibouti Francs
DKK
Denmark Kroner
DOP
Dominican Republic Pesos
EEK
Estonia Krooni
EGP
Egypt Pounds
ETB
Ethiopia Birr
FJD
Fiji Dollars
FKP
Falkland Islands Pounds
GGP
Guernsey Pounds
GHS
Ghana Cedis
GIP
Gibraltar Pounds
GTQ
Guatemala Quetzales
GYD
Guyana Dollars
HNL
Honduras Lempiras
HRK
Croatia Kuna
HUF
Hungary Forint
IDR
Indonesia Rupiahs
IMP
Isle of Man Pounds
IRR
Iran Rials
ISK
Iceland Kronur
JEP
Jersey Pounds
JMD
Jamaica Dollars
JOD
Jordan Dinars
JPY
Japan Yen
KES
Kenya Shillings
KGS
Kyrgyzstan Soms
KHR
Cambodia Riels
KPW
North Korea Won
KRW
South Korea Won
KWD
Kuwait Dinars
KYD
Cayman Islands Dollars
KZT
Kazakhstan Tenge
LAK
Laos Kips
LBP
Lebanon Pounds
LKR
Sri Lanka Rupees
LRD
Liberia Dollars
LTL
Lithuania Litai
LVL
Latvia Lati
MAD
Morocco Dirhams
MKD
Macedonia Denars
MNT
Mongolia Tugriks
MRO
Mauritania Ouguiyas
MUR
Mauritius Rupees
MXN
Mexico Pesos
MYR
Malaysia Ringgits
MZN
Mozambique Meticais
NAD
Namibia Dollars
NGN
Nigeria Nairas
NIO
Nicaragua Cordobas
NOK
Norway Kroner
NPR
Nepal Rupees
OMR
Oman Rials
PAB
Panama Balboas
PEN
Peru Soles
PHP
Philippines Pesos
PKR
Pakistan Rupees
PYG
Paraguay Guarani
QAR
Qatar Riyals
RON
Romania Lei
RSD
Serbia Dinars
RUB
Russia Rubles
SAR
Saudi Arabia Riyals
SBD
Solomon Islands Dollars
SCR
Seychelles Rupees
SEK
Sweden Kronor
SGD
Singapore Dollars
SHP
Saint Helena Pounds
SOS
Somalia Shillings
SRD
Suriname Dollars
SVC
El Salvador Colones
SYP
Syria Pounds
THB
Thailand Baht
TJS
Tajikistan Somoni
TND
Tunisia Dinars
TRY
Turkey Lira
TTD
Trinidad and Tobago Dollars
TWD
Taiwan New Dollars
TZS
Tanzania Shillings
UAH
Ukraine Hryvnia
UGX
Uganda Shillings
UYU
Uruguay Pesos
UZS
Uzbekistan Sums
VEB
Venezuela Bolivares
VND
Vietnam Dong
XCD
East Caribbean Dollars
YER
Yemen Rials
ZMW
Zambia Kwacha
ZWD
Zimbabwe Dollars
Was going to use our local Post Office until I realised by using your comparison chart how they're loading the exchange rate. You've given me an extra $50 AUD by using Xendpay

Nicola O'shea

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