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More Countries With a Favorable Currency Exchange Rate for the US Dollar

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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.

Best Travel Destinations Where the Dollar Goes Further

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If you’re planning a trip overseas you might be wondering which destinations will give you the most value for each dollar. There are several great travel destinations where your biggest cost will be your plane ticket and the dollar goes a long way. These destinations are a great alternative to more expensive countries that might be great to visit but will cost you way more. Before you travel to any of them you might also want to buy currency beforehand so that you won’t have to deal with finding local currency exchange.

Costa Rica

Costa Rica is one of the best travel destinations for Americans and it has a great exchange rate where you will get a lot of value for each dollar that you spend. About $20 will get you a room for a night and dinner, and airfare starts at just $50. Costa Rica has several low cost airlines, and the dollar currently exchanges at well over 500 Costa Rican colons, so you can still buy currency in Costa Rica at a great exchange rate.

Mexico

Although Mexico is as dangerous as it ever has been in some parts, it is still a good destination because the peso remains low against the dollar. Most of the best destinations in Mexico are far away from the violence, which is centered more toward the border with the United States. Puerto Vallarta, Isla Mujeres, Oaxaca, and Tulum are just a few of Mexico’s best tourist spots and the dollar will get you a lot at all of them.

Thailand

Thailand offers a great exchange rate and the dollar goes a long way in this country because the Thai baht is consistently undervalued against the dollar. According to some economists, the Thai baht is undervalued by at least 33 percent against the dollar, which is a great reason to buy currency in large amounts before you go. Thailand remains a great tourist destination in spite of recent unrest and problems like flooding, and there are plenty of great places to visit including Bangkok which was recently rated as one of the best tourist cities in terms of value for money spent.

Buy Currency Before you Visit

Before you visit any of these great destinations you should buy currency beforehand, which can save you time and the hassle of having to find a currency exchange in the places you visit. When you buy currency you might also want to take the time to research value fluctuations and buy currency when the dollar has a high value compared to the currency of the country you’re planning to visit.