No need to precise that for Americans, having the best dollar exchange rates significantly increases their purchasing power abroad. This might push them to go on holidays outside the US ?
Best dollar exchange rates ever to travel to Europe.
I remember a couple of years ago when many Europeans used to love coming to the US to do their shopping. At that time, the best dollar exchange rates were in favor of the Europeans, not the Americans ! I remember flying to New-York myself in 2008 when 1€ represented 1,60 USD ! No wonder we used to love travelling to the US & go shopping as everything was so much cheaper than in Europe !
Well, it seems that the best dollar exchange rates are currently in favor of our American friends. The latter have won 45% purchasing power when coming to Europe in 2016 vs in 2008 thanks to the positive evolution of the dollar VS the Euro…
Therefore, during the 10 last years, it seems it has never been so advantageous for Americans to travel to Europe as it is today.
What are the concrete impacts of the best dollar exchange rates on Americans holidays in Europe ?
Well, no need to be a magician in maths to picture the positive impacts of all this !
Take a hotel room in Paris for example for which prices haven’t really evolved between 2008 & 2016. Well a room at 100€ per night used to cost 160 dollars in 2008…whereas it will “only” cost 110 USD in 2016.
Every aspect of Americans holidays in Europe will look alike today. In the end, they will save 45% compared to what their holidays would have cost them 8 years ago!
As you never
In order to not miss the best dollars exchange rates, you can use the following tool which is simple & efficient to enable you maximize the value of your dollars.
In the end, just make sure you go on holidays at the right moment! It works whatever the currency !