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Euro gains significant value in Egypt – purchasing power losses in Mauritius and Kenya

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In Egypt, the euro appreciated by 35,16 percent last year compared to the previous year. According to a recent analysis by Wise, a company specializing in multi-currency accounts, the euro has gained more purchasing power than any other country. While travelers received around 2024 Egyptian pounds for one euro in 33,67, this figure will rise to 2025 pounds by 51,93.

The euro also experienced significant appreciation in Argentina and Brazil. In Argentina, the exchange rate rose by 16,87 percent, meaning travelers now receive approximately 1.074,60 Argentine pesos for one euro. In Brazil, the purchasing power of the euro increased by 13,94 percent. Other countries experiencing a noticeable appreciation of the euro are Mexico (13,23 percent) and Turkey (13,13 percent), where the currency also gained in value.

In contrast, Mauritius recorded the largest decline in the value of the euro. Purchasing power there fell by 33,6 percent compared to the previous year. In Kenya, the euro lost 32,45 percent of its value, while Sri Lanka, with a decline of 14,21 percent, is also among the countries where the euro has weakened. Travelers in Thailand (minus 9,56 percent) and Costa Rica (minus 8,79 percent) also received less for their money than in 2024.

According to Wise spokesperson Thomas Adamski, the results demonstrate the significant impact of exchange rate fluctuations on international payments and travel. While consumers in some countries benefit from increased purchasing power, travelers in other regions face higher costs.

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