Share the article
This year, we have witnessed a particular financial phenomenon. The US dollar has strengthened and strengthened in times of inflation against other world currencies which continue to decline.
There are currently very favorable circumstances for American travelers who prefer international destinations. Many travelers with USD in their pockets see this time as an opportunity to go far in 2023 and save money while traveling and living abroad.
But where should they go? We’ve put together a list of the best destinations where American travelers can spend their money, have a good time, and even enjoy luxury for less.
The popularity of this country has surprisingly increased in 2022, and more nonstop flights from the United States have recently been added. Turkey offers travelers a stunning Mediterranean coastline, delicious local cuisine, fascinating culture, friendly people, and rock-bottom prices.
The local currency, the lira, has fallen 54% against the US dollar in the past 12 months and is counting on tourism to recover. The government has created a new tourist platform, Go Turkiyeand we have our own excellent guides for Antalya and Istanbul.
1 USD currently buys you about 18.75 Turkish liras, compared to 13.32 at the start of the year. Given the massive fall, tourists are currently using Turkey as a great place to shop for luxury goods, like gold jewelry at the Grand Bazaar.
Argentina has been neck and neck with Turkey for the worst performing currency for the past 12 months, and it doesn’t look like it’s headed for a reprieve. As the Argentinian peso drops, more and more foreigners are looking south to see how far their budget can go.
If you love tango, football and friendly people, Argentina is the perfect destination for you in 2023! This beautiful South American country has dynamic and unique cities like Buenos Aires, the capital, as well as incredible nature and impressive glaciers in Patagonia.
Local exchange rates can be very complex – if you have a friend in Argentina who can help you get a good exchange rate, take their advice – as there is currently an official rate of 150.9 pesos to the US dollar , but on the black market, it’s worth 280 pesosalmost double, so keep that in mind on your next trip.
The Japanese yen was once a very strong currency, but this year it has lost more than a fifth of its value against the US dollar. Now that the border is open and the United States has relaunched several flight routes to this beautiful country, now is the perfect time to leave.
From delicious dining experiences to staying at a Ryokan to cherry blossom viewing, there’s so much to do in Japan in 2023! You can hang out in hugely popular Tokyo or head to lesser-known gems like Gifu.
If you’ve never been before, Japan has some curious customs and unique traditions that tourists should know about.
1 USD = 146 YENagainst 115 YEN at the start of 2022.
Many factors have affected the value of the pound, including Brexit, and for the past few years the US dollar has been strengthening in this country, especially in 2022. Ready to go?
The UK has so many amazing destinations! From fascinating London to Cambridge via Scotland, Wales and Oxford. And for those who want to stretch their money even further, they can visit more affordable yet amazing places like York, Brighton and Liverpool.
1 USD = 0.88 poundshowever, it would only earn you 0.74 at the start of the year.
If you’ve always wanted to visit the Pyramids of Giza, this is your cue! The Egyptian pound is in decline and exchange rates are very favorable to Americans.
This country offers truly unique experiences. Travelers can cruise the Nile on a local traditional boat, take a hot air balloon ride over Luxor, and even dive under the Red Sea! And yes, the pyramids are unmissable!
1 USD = 24 Egyptian pounds. At the start of 2022, that only gave you about 15.
This spectacular country could be any traveler’s favorite destination in 2023. Here, visitors can enjoy the beautiful beaches close to one of the capitals, Cape Town, visit breathtaking national parks and safaris, or stroll in impressive Johannesburg, once the birthplace of Nelson Mandela.
The South African rand has weakened against the US dollar, and local authorities have dedicated a tourism campaign to American travelers called “Endless Tourists” encouraging visits.
1 USD = 18 rand
In January, it was below R16.
The first country to visit in South America can provide American travelers with the perfect vacation. Colombia has spectacular beaches in the Caribbean and the Pacific, perfect weather, incredible landscapes and extremely delicious cuisine that visitors with US dollars will be able to enjoy for a very low price.
Due to already affordable prices for longer stays in the country, as well as the official launch of the Colombian Digital Nomad Visa, remote workers with dollars in the bank can lead very comfortable lives in cities like Medellin, Bogota and Cartagena. .
1 USD = 5,091 pesos
At the beginning of 2022, the exchange was around 4,065
Chile has been one of the most expensive countries in South America for a few years, but is now very affordable. Although tourist destinations can be a bit pricey, American travelers can take advantage of the recent fall in the Chilean peso to visit the Atacama Desert — one of the best destinations for stargazing —, explore its beautiful Pacific coast and even skiing — between June and September — near the capital Santiago.
1 USD = 927 Chilean pesos, whereas in January you would have received around 850.
Thailand is growing in popularity among travelers and is a paradise for digital nomads. One of its main attractions is the low prices! Travelers can find bargains in Thai markets, stay in amazing accommodations for far less than what Americans would pay in the United States, and enjoy gorgeous beaches and awe-inspiring scenery.
1 USD = 37 Thai Bahtand at the start of 2022 it was around 33.
The euro zone
Have you ever considered Europe as a shopping destination? Euro luxury goods have not adjusted their prices due to the decline against the dollar, and now many travelers are taking advantage of this opportunity to get amazing deals from top brands.
Now that euro rates have fallen to historic lows and VAT is reinstated on leaving the EU, travelers with US dollars can shop high-end brands like Gucci and Louis Vuitton for 20 to 30% less than in the United States.
1 USD = 1 Euro
On January 1, the exchange was only 0.88
Traveler alert: Don’t forget travel insurance for your next trip!
↓ Join our community ↓
The Travel Off Path Community FB Group has all the latest reopening news, conversations and daily Q&As!
SUBSCRIBE TO OUR LATEST ARTICLES
Enter your email address to subscribe to the latest travel news from Travel Off Path, straight to your inbox
This article originally appeared on TravelOffPath.com