With temperatures rising, summer is now in full swing and the thought to take time off for vacation is certainly moving to the forefront of your mind. For those on a budget looking to make lasting memories should consider exploring outside the U.S. this year. The buying power of the U.S. dollar has surged in value in many countries, creating the opportune moment to scratch that travel itch you’ve been having. Although a stronger U.S. dollar doesn’t equate to your plane ticket being cheaper, your cash will convert at a higher exchange rate in other countries.
To help give you ideas on where you should consider visiting this summer, CouponBox.com created a guide for travelers that shows the purchasing power of the U.S. dollar in some of the most highly-traveled destinations.
Based off these findings, here are five international destinations you should put on your short list this summer.
Brazil
After suffering financial setbacks due to the FIFA World Cup and collapse of oil prices, Brazil has become an ideal destination as American travelers can expect to save upwards of 30% on their trip as compared to just a few years ago. This is wonderful timing considering the Olympics are being held in Rio this summer.
Russia
The breathtaking city of Moscow, Trans-Siberian train journey, and the churches in St. Petersburg are more affordable than ever. At the end of 2014, the Russian ruble drastically plummeted. Although the Russians aren’t too thrilled about this, it’s great news for those looking to visit the beautiful countryside and cities that Russia has to offer.
Mexico
Mexico has long been the most popular foreign travel destination for Americans due to its convenient location. Travelers this year can expect prices to be quite appealing.
Canada
Canada is now more affordable than its been in a long time. Along with affordable flight prices, cities like Montreal, Quebec City and Toronto are very cheap to travel to. Lower prices in Canada are mostly due to lower oil prices having weakened the Canadian dollar.
Countries that Use the Euro
There has never been a cheaper time to visit Europe for Americans than now. The Euro used to trade for about .76 cents on the dollar but now almost trades equally. Europe has so many thrilling and historical places to visit such as Germany, Italy, France and Greece. Now is the time to visit these fascinating destinations.
My fiance and I traveled in Southeast Asia recently and I was blown away by how cheap it was. We could do dinner for a few bucks! It’s interesting seeing this breakdown – thanks for sharing. All the more reason to travel.