There are several countries that offer an undervalued currency exchange rate compared to the U.S. dollar, meaning that the U.S. dollar gets more of that particular country’s currency per dollar than it would for other countries, and that the cost of travel is cheaper for those particular countries. Travelers from the United States benefit from a strong dollar in several countries, but not every country is affordable for American travelers. Knowing which countries offer a favorable currency exchange rate is a good idea before planning your next trip, especially if you are on a budget. Even if you have the money you can plan a more luxurious trip if you travel to a country with a favorable currency exchange rate.
Vietnam offers a great currency exchange rate with the U.S. Dollar
Vietnam offers a great exchange rate with the U.S. dollar, and the Vietnamese Dong is one of the currencies that has become much weaker against the dollar in recent years due to several factors. The currency exchange rate has become much more favorable, and travelers to Vietnam from American can typically get by on spending just a few dollars each day for everything including guest housing, food, and transportation. The cost of goods has risen in recent years but the dollar is still powerful due to the Vietnamese dong having a weak currency exchange rate against the dollar.
Greece’s economic crisis has made the country more affordable
The recent economic crisis in Greece has resulted in prices for its hotels, restaurants, and tourist attractions dropping dramatically, even though the country uses the Euro which normally has a favorable exchange rate with the U.S. dollar. The crisis has resulted in prices for many dinners falling to around $10 USD and hotels being available from $15 to $30 USD per day, and a luxurious night in Greece may cost just about $50-$75 dollars whereas other European countries would be much more expensive.
The U.S. Dollar has a favorable currency exchange rate in Budapest
Budapest, Hungary is regularly rated as being one of the most affordable destinations for American travelers due to affordable prices. Hotels are just 6 to 12 Euros per night and meals can be purchased for just a 1 to 2 Euros from street vendors. Budapest also has several great tourist destinations, and a trip to the country can be very affordable for American travelers that can benefit from a more favorable currency exchange rate with the Euro in recent years.