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.
