Traditional Culture Encyclopedia - Tourist attractions - Why is the exchange rate of tourism higher? Please ask a professional to answer for me, thank you. )

Why is the exchange rate of tourism higher? Please ask a professional to answer for me, thank you. )

Tourism exchange rate refers to the proportion of foreign currency that can be converted into tourism products in the local currency provided by the destination country or region.

The high exchange rate of tourism refers to the tourism products sold to international tourists with a certain amount of currency, which can earn more foreign exchange income than the general material export products with the same amount of currency.

The core of tourism products is service. Compared with the export of material products, the material input of unit tourism export value is much smaller than that of unit material products. In addition, tourism export has the characteristics of origin transaction, eliminating intermediate transportation links, and tourism export is basically unaffected by price fluctuations in the international market, so the exchange rate of tourism is high.