Bad news for the European Union is good news for U.S. travelers. Over the past six months renewed economic concerns in Euroland have driven the area’s currency down nearly 16% versus the U.S. dollar. That means every country using the Euro, all 19 of them, is on sale. Every hotel, every meal, every taxi ride is 16% cheaper than it was just six months ago.
As with most sales, these bargains won’t necessarily last. So if you’ve had your eye on a shiny new European vacation, it’s just gotten a whole lot more affordable.
If you’re in the market for even deeper bargains look further east where the Russian ruble is down about 45% versus the dollar.
Everywhere Once 
RIP us $ , RIP €
Buy Gold & Silber phyzz and Keep Calm
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Ha ha. “Buy gold.”
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The New King is Yuan !!!
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I thought gold was king. ???
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real king is Silver
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Reblogged this on galesmind and commented:
WOW!
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Its not all bad news for Europe. Europeans travel mostly to other European countries and will notice little difference. European trade is mostly inside Europe, so little impact there as well. And since European products will become cheaper outside the Euro zone, its good news for the export!
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Hi Michael,
I agree that the Euro decline isn’t necessarily bad news for Europeans. Rather it is bad news for the Eurozone and its citizens that is driving the Euro decline.
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Hi Brian,
Australian $ is down around 80cents to US$, so great place for those of you who are travelling on USD. http://www.x-rates.com/graph/?from=AUD&to=USD
Time to visit 😊
Cheers,
Jason
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Hi Jason,
Yup, Australia is on sale too. And with commodity prices down heavy, Australia could get even cheaper for us Yankees.
I also agree that it is long past time for us to visit Australia. The same is true for ~80% of the globe. So many places, so little time. We will get there, we just don’t know when quite yet.
Cheers
Brian
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Reblogged this on Second Act and commented:
I’ve re-blogged this article from another blogger to show the rather dramatic drop in the Euro versus the dollar which has taken place recently. Just since we arrived in Italy, the exchange rate has dropped to 1.18 from 1.25.
Even though this is good news if you are looking to visit Europe, know that if you purchase a tour package you may not benefit from this drop in the Euro. The tour operator will charge you in dollars and will fix your cost at the time you book. This could work to your benefit or to your detriment depending upon what direction the exchange rate takes from that point. But, all things being equal, you should be able to book travel now at a lower cost that you could have only a few months ago.
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Good point. Packaged tours priced in USD aren’t likely to pass the better exchange rate on to their customers. So if you’re paying for your travels in dollars instead of converting your dollars to Euros then the improved exchange rate probably doesn’t benefit you that much. Chalk that up as an added incentive to strike out on your own. 😀
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