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15 Destinations Where You Will Get the Most Value for US Dollar

Jacquelyn May 1st, 2020

 

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The U.S. dollar continues to gain strength against foreign currency. The greenback has made some sizeable movements when compared to many currencies around the globe, especially commodity-based economies. Looking at April 2019 vs April 2020, we see a prime example with the Mexican peso is down 27% vs the U.S. dollar meaning you get more pesos for every dollar. Another currency, the Australian dollar, also lost double-digit value vs the U.S. dollar down more than 12%. Widely the U.S. dollar gained more than 5% against most major currencies and even 3.5% against the euro. “The dollar does well in global recessions,” said Momtchil Pojarliev, head of currencies at BNP Asset Management in New York. With the prospect of an upcoming recession, many investors will fall back to the U.S. dollar as a safe-haven currency, increasing its value even further. The rise of the dollar is definitely a danger for other emerging markets. 

It is a good time to look into traveling to some of the world’s best destinations. According to Sarah Schlichter, a senior editor at SmarterTravel, told Travel + Leisure, "Japan and Norway are not cheap; however, if you want to visit them now is a good time." Or if visiting the country is not in the cards at the moment, we suggest planning for a trip. Buying foreign currency now could provide some significant savings if global currencies regain some strength as their economies get back on track. 

For a better insight on airfares, Expedia has provided a 2019 Air Travel Outlook report. From the report, here are some money saving tips for travel:

1. Book flights at least three weeks ahead of travel
2. Book flights on a weekend
3. Book hotels on a Friday night
4. Start the journey on a Thursday or Friday
5. Extend short, weekday-only trips to include a Saturday night

 

These are the top 15 countries where the US dollar has gained the most value since this time last year.

Australian dollar (AUD) 

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -12.43%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: March

Sydney Australia bird cages hanging in angle street

Flickr/Nicki Mannix

 

Canadian dollar (CAD) 

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -5.17%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: February

Vancouver Canada

Flickr/Harshil Shah

 

Norwegian krone (NOK)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -22.87%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: May

Norway northern lights at night

Flickr/Diana Robinson

 

New Zealand dollar (NZD)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -10.57%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: March

New Zealand

Flickr/Carlos Ebert

 

Malaysian ringgit (MYR)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -5.82%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: March

Malaysia

Flickr/Tom Hall

 

Mexican peso (MXN)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -27.43%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: February

Mexico

Flickr/Melenama

 

Brazilian real (BRL)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -34.86%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: November

Copacabana Brazil

Flickr/Elviz Low

 

Argentine peso (ARS)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -55.20%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: November

Argentina Iguazu falls

Flickr/David Spender

 

Hong Kong dollar (HKD)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): 1.20%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: March

Hong Kong Harbour

Flickr/Dennis Jarvis

 

Thailand baht (THB)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -1.60%
  • Best day of the week to start a journey on international economy: Thursday
  • Lowest international economy flight average ticket price: November

Thailand Baya Beach

Flickr/Jack Versloot

 

Chinese yuan (CNY)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -5.41%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: December

China Zhangye National Geopark

Flickr/Rod Waddington

 

Danish krone (DKK)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -3.55%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: September

Copenhagen Denmark

Flickr/Pedro Szekely

 

Austria (EUR)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -3.68%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: September

Austria Swarovski

Flickr/Nicolas Raymond

 

Swiss franc (CHF)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): 4.64%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: September

Swarovski Kristallwelten Switzerland

Flickr/Amina Tagemouati

 

British pound (GBP)

  • Year-over-year currency exchange rate change (04/20/19 - 04/20/20): -4.39%
  • Best day of the week to start a journey on international economy: Friday
  • Lowest international economy flight average ticket price: December

London tower bridge

 

 

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