Movements in the foreign exchange rates between the UK
Pound and other currencies affect our lives, and the prices we pay for
our goods and services. In the price of our trips there are many
costs that can and do fluctuate according to exchange rate movements,
and it is the US Dollar that our prices are most sensitive to.
All our local costs in East Africa are based in US$; all our National
Park fees are charged by the respective National Parks Authority in
US$; and all our flight costs depend on the US$ effect on the price of
aviation fuel.
All UK£ prices quoted on our website are based on
a US$ exchange rate that we update periodically during each
year,
subject to its volatility. The US$ exchange rate currently used
to base our UK£ trip prices on is $1.59 to £1 as at 3
August 2010. It is also detailed under Trip Prices in Booking Conditions.
Unless trip prices in £ are regularly revised in line with
changes in the $ exchange rate, then an out of date £ trip price
can be misleading when compared to a trip price based on a current $
exchange rate. We prefer to be transparent and openly state the
US$ exchange rate used, as it can
be quite a shock when an old £ price is revalued to a current
£ price, especially given the adverse movements in the $ against
the £ during the early parts of 2009 and 2010.
Movements away from this exchange rate will affect the
£ price of
our trips, and we will revise the price at the time of final payment to
reflect the real cost of the trip at that time. If the price
revision is within plus or minus 2% of the quoted price, then no
adjustment will be made. If the revision is more than 2%, then any
price reduction in excess of 2% will reduce your trip price;
conversely, any price increase in excess of 2% will increase your trip
price. In any event, there will be no revision to any prices
within 4 weeks of departure. |
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