Foreign Exchange and the different international currencies which crew members could be exposed to.
As a cabin crew member, you will be exposed to different currencies when flying to International destinations. The task of exchanging the value of the Rand for a different currency can be quite daunting initially. Since the Rand is at times quite low in value it is often best not to take the exchange rate so literally when sight-seeing or shopping. A cup of coffee in London for instance could cost you R50, if you take this rate literally, then you will never go out shopping, eating or sightseeing which will defeat the objective of being an International Flight Attendant. After all, the main objective of being a flight attendant is to see and experience the world! €, (Euro), £ (Pound), $ (Dollar) and ¥ (Yen) are only a few of the major foreign currency symbols.
On International flights, airline operators could require their crew members to sell duty free items. If you are allocated this duty, you will receive a list with exchange rates as passengers do at times; want to pay in a specific currency. It is of utmost importance that you know how to convert these rates as crew members selling duty free items are responsible for accurate payment of these items.
Each country has its own currency, except in the European Union, where the member countries all make use of the same currency, called the Euro. Below is a list of the most popular countries visited by tourists, and their currencies used.
As a cabin crew member, you are paid a meal allowance on your arrival at the hotel. This allowance will be paid to crew in the currency of the country they are visiting. Should you wish to “shop till you drop” and spend more than the meal allowance you receive, Credit Cards and Bank Cards can be used overseas as a convenient payment method. The amount charged to your card will be the amount applicable to the exchange rate on the day of purchase. Please remember that the meal allowance paid to a crew member is normally the equivalent of the amount it would cost the crew member to eat 3 balanced meals at a 4 Star Hotel. Since no crew member wants to stay indoors at the Hotel, this allowance exceeds by far what it would cost to eat anywhere else and affords the crew members the opportunity to not only eat, shop and sight-see overseas but also to bring large amounts of this allowance back home!
Most crew members are able to eat out, shop and sight-see and then still save half their meal allowances on overseas flights. An added bonus being that this allowance is tax free.
When crew members and passengers travel on vacation to an International destination and want to buy foreign currency, it needs to be purchased from a bank or travel agent. The amount purchased will be recorded in your passport.