Share the article
This year we witnessed a special financial phenomenon. The US dollar has gained strength and leverage during times of inflation compared to other currencies around the world that continue to fall.
There are currently very favorable circumstances for American travelers who prefer international destinations. Many travelers with USD in their pockets are considering this moment 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 will be able to spend their money, have a great time, and even enjoy a little luxury for less.
The popularity of this country has grown surprisingly in 2022 and recently more non-stop flights from the United States have been added. Turkey offers travelers a beautiful Mediterranean coastline, delicious local food, a fascinating culture, friendly people and very low prices.
The local currency, the lira, has fallen 54% against the US dollar over the past 12 months and has relied on tourism to recover. The government created a new tourism platform, Go to Turkeyand we have our excellent guides for Antalya and Istanbul.
1 USD currently buys you about 18.75 Turkish Lira, compared to 13.32 at the beginning of the year. Considering the massive decline, tourists are currently using Turkey as a great place to buy luxury goods such as gold jewelry at the Grand Bazaar.
Argentina has been neck-and-neck with Turkey for the worst-performing currency over the past 12 months, and it doesn’t look like it’s headed for any relief. As the Argentine peso falls, more foreigners are looking south to see how much further their budget can go.
If you like tango, soccer and friendly people, Argentina is the perfect destination for you in 2023! This beautiful country in South America has vibrant 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 exchange rate of 150.9 pesos to the US dollar, but in black market, worth 280 pesosalmost double, so keep that in mind on your next trip.
The Japanese yen used to be 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 US has resumed multiple flights to this beautiful country, it’s the perfect time to go.
From delicious culinary experiences to Ryokan stays to cherry blossom viewing, there’s plenty to do in Japan in 2023! You can spend time in the super popular Tokyo or go to some 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 JPYcompared to 115 YEN in early 2022.
Many factors have affected the value of the pound—including Brexit—and over the past few years, the US dollar has been strengthening in this country, especially in 2022. Ready to go?
The UK has so many incredible destinations! From glamorous London to Cambridge to Scotland to Wales to Oxford. And for those who want to stretch their dollars even further, they can visit more affordable – and yet amazing – places like York, Brighton and Liverpool.
1 USD = 0.88 Poundshowever, you only got 0.74 at the beginning of the year.
If you’ve always wanted to visit the Pyramids of Giza, this is your cue! The Egyptian pound has lost strength and exchange rates are very favorable to Americans.
This place offers truly unique experiences. Travelers can cruise down the Nile on a traditional local boat, take a hot air balloon ride over Luxor and even dive under the Red Sea! And yes, the pyramids are a must!
1 USD = 24 Egyptian Pounds. In early 2022, it only took you about 15.
This spectacular place could be every traveler’s favorite destination in 2023. Here visitors can enjoy the amazing beaches near one of the capitals, Cape Town, visit national parks and breathtaking safaris, or walk around impressive Johannesburg , the former hometown 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 as low as 16 Rands.
The number one place to visit in South America can offer American travelers the perfect vacation. Colombia has spectacular Caribbean and Pacific beaches, perfect weather, incredible scenery, and amazingly delicious food that visitors with US dollars will enjoy at a very low price.
Due to the already affordable prices for longer stays in the country, plus the official launch of Colombia’s digital nomad visa, remote workers with USD in the bank can live a very comfortable lifestyle in cities like Medellin, Bogota and Cartagena.
1 USD = 5,091 Pesos
In early 2022, the exchange was around 4,065
Chile has been one of the most expensive countries in South America for the past few years, but is now very affordable. Although tourist destinations can be a little expensive, American travelers can take advantage of the recent drop in the Chilean peso to visit the Atacama Desert – one of the best stargazing destinations -, explore its beautiful coastline of Pacific and even to ski – between June and September – near the capital Santiago.
1 USD = 927 Chilean pesos, while in January you would have received around 850.
Thailand only continues to grow in popularity among travelers and is a digital nomad’s paradise. One of its main attractions is the low prices! Travelers can find great deals in Thai markets, stay in amazing accommodations for much less than Americans would pay in the US, and enjoy gorgeous beaches and impressive scenery.
1 USD = 37 Thai Bahtand at the beginning of 2022 it was about 33.
Have you ever considered Europe as a shopping destination? Luxury goods priced in euros have not adjusted their prices due to the fall against the dollar, and now many travelers are taking advantage of this opportunity to get amazing deals from the best brands.
Now that Euro rates have fallen to historic lows and VAT returns when leaving the EU, travelers with USD can buy high-end brands like Gucci and Louis Vuitton for 20-30% less than they can in the States. United.
1 USD = 1 Euro
On January 1, the exchange was only 0.88
Warning for travelers: Don’t forget travel insurance for your next trip!
↓ Join our community ↓
of Travel Off Path Community FB Group has all the latest reopening news, chats and Q&As happening every day!
SUBSCRIBE TO OUR LATEST POSTS
Enter your email address to subscribe to the latest Travel Off Path travel news straight to your inbox
This article originally appeared on TravelOffPath.com