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Home Currency News

Places to visit to take advantage of a strong dollar

currencycoach by currencycoach
July 18, 2024
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Places to visit to take advantage of a strong dollar
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  • The U.S. dollar has been especially strong lately, making traveling abroad generally a good deal for American tourists.
  • NetVoucherCodes analyzed 1-, 3- and 5-year exchange rate trends to find the best destinations for American travelers abroad based on current exchange rates and overall cost-effectiveness.
  • Here are some countries where the dollar has the most purchasing power.

The U.S. dollar has been especially strong lately, making traveling abroad generally a good deal for American tourists. However, not all currencies are equal when compared to the dollar. 

NetVoucherCodes, a British site dedicated to helping users find online discounts, analyzed 1-, 3- and 5-year exchange rate trends to find the best destinations for American travelers abroad based on current exchange rates and overall cost-effectiveness as of the beginning of July

So, if you’re looking to pinch every penny on your next vacation and maximize your spending power, here’s where they recommend visiting to get the most bang for your buck, ensuring a memorable and budget-friendly trip.

Don’t waste your money:Traveling internationally? Here’s how to save.

5. Japan

As of publishing time, $1 equals 156.49 Japanese yen.

Learn more: Best travel insurance

“Japan is possibly one of the most sought-after vacation destinations for Americans and now it’s become much more affordable to visit. Over the past year, the dollar has strengthened by 11.65% against the Japanese Yen making the country, that’s often seen as expensive to visit, now accessible to many Americans. With its unique culture, world famous food and endless activities, Japan will now become more popular than ever before,” according to NetVoucherCodes.

U.S. airlines are also boosting service to Japan, and competition among carriers can often mean better airfares as well.

4. Turkey

The Blue Mosque in Sultanahmet district, Istanbul, Turkey.

As of publishing time, $1 equals 33.06 Turkish lira.

“The perfect time for Americans to visit the vibrant city of Istanbul with its blending of cultures and mouth-watering food. Take a romantic weekend trip to Cappadocia to experience a hot air balloon ride over rolling desert or head to the coast, just minutes away from the Greek Isles,” NetVoucherCodes said in their release.

Travelers can also take advantage of Turkish Airlines’ stopover program to visit Turkey on the way to another destination.

3. Egypt

Egyptian pyramids

As of publishing time, $1 equals 48.25 Egyptian pounds.

“Egypt is one of the most sought after vacation destinations for travelers to soak in some winter sunshine and boasts some of the best historic landmarks in the world. The data reveals that now might be a good time to visit,” said NetVoucherCodes.

It’s certainly a place on many Americans’ travel bucket lists, and a favorable exchange rate could help make those dreams a reality.

2. Malawi

Malawi

As of publishing time, $1 equals 1,734.33 Malawian kwacha.

“One of the top safari-hotspots of Africa, Malawi sees a strong dollar against the Malawian Kwacha giving Americans a better value vacation. The country has 11 national parks and wildlife reserves making it one of the best places to see African animals on the planet. However, travelers are unlikely to see the benefit of a strong dollar when booking a safari from a U.S. provider, and may be best booking their own itinerary to see true savings,” NetVoucherCodes’ statement said.

Malawi is not often a top destination for American travelers, it’s one of the poorest countries in the world, but its natural beauty is unparalleled and under-appreciated.

1. Argentina

Buenos Aires, Argentina: An irresistible blend of European and Latin influences, Argentina's cosmopolitan capital is one of the most sizzling cities on the planet.

As of publishing time, $1 equals 923.50 Argentine pesos. 

“The country has seen multiple instances of devaluing its currency due to economic issues so Americans looking for a cheap vacation where they can sample some of the best wine in the world and go on breathtaking hikes need look no further,” NetVoucherCodes’ analysis said.

Keep in mind that Argentina’s economy has a reputation for instability. Many merchants also accept U.S. dollars, but the exchange rates and bartering can be confusing.

According to NetVoucherCodes, now is also a good time to visit Britain and continental Europe, with the dollar still holding its own against the pound and the Euro.

Here’s NetVoucherCodes full top-10 list of countries where the dollar has the most purchasing power:

  1. Lebanon
  2. Argentina
  3. Nigeria
  4. Malawi
  5. Egypt
  6. Myanmar
  7. Zambia
  8. Ghana
  9. Turkey
  10. Chile

Zach Wichter is a travel reporter for USA TODAY based in New York. You can reach him at [email protected].



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