Top Five Destinations Where US Travel Dollars Will Go Furthest (2024)

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Asia leadsthe list of regions with the mostfavorable exchange rates this year, followed by South America.

Global travel is predicted to set an all-time record this year, even as the cost of vacations continues to rise. Americans looking to soften the blow will want to consider where the US dollar’s strength will get the best value in hospitality, goods and experiences.

Using the Bloomberg World Currency Ranker and the US Treasury Bureau of the Fiscal Service, we picked five enticing destinations that have shown favorable exchange rates over the past two to three years. Although hotel prices are not expected to fluctuate dramatically as leisure demand normalizes, a strong dollar at this time means deals can be had on local purchases that range from tours and meals to shopping.

Top Five Destinations Where US Travel Dollars Will Go Furthest (2024)

FAQs

Where can the US dollar go the farthest? ›

Japan continues to be a popular choice, but Vietnam and South Korea stand as solid alternatives among numerous countries in Asia with favorable exchange rates for the US dollar. Closely following in value are South American countries: Argentina and Chile are among those offering the biggest luxury bang.

Where is the US dollar strongest right now? ›

Best Places to Visit Where the Dollar Is Strong
  • Peru. Peru/Peruvian Sol. ...
  • Mexico. Mexico/Mexican Peso. ...
  • South Africa. South Africa/South African Rand. ...
  • South Korea. South Korea/South Korean Won. ...
  • Japan. Japan/Japanese Yen. ...
  • Argentina. Argentina/Argentine Peso. ...
  • Hungary. Hungary/Hungarian Forint. ...
  • Chile. Chile/Chilean Peso.

In what place are US dollars worth the most? ›

What country is a dollar worth most? Some of the countries where a dollar is worth the most money include Mexico, Peru, Chile, and Colombia. It's possible to exchange dollars for local currency in these countries at favorable exchange rates.

What country has the highest exchange rate for the US dollar? ›

The Kuwaiti dinar is the strongest currency in the world, with 1 dinar buying 3.26 dollars (or, put another way, $1 equals 0.31 Kuwaiti dinar). Kuwait is located on the Persian Gulf between Saudi Arabia and Iraq, and the country earns much of its wealth as a leading global exporter of oil.

How far does $1 go in Argentina? ›

Convert US Dollar to Argentine Peso
USDARS
1 USD882.492 ARS
5 USD4,412.46 ARS
10 USD8,824.92 ARS
25 USD22,062.3 ARS
6 more rows

Where does the dollar go the furthest in 2024? ›

Well, this is your chance! Now in 2024, one USD equates to about 47 Egyptian Pounds – meaning your Egyptian bucket list is more affordable than ever. Explore Egypt's vibrant capital of Cairo, marvel at the Great Sphinx in Giza, and maybe even take a dip in the Red Sea at budget-friendly rates stronger than before!

What is the weakest currency in the world? ›

What Is the Weakest Currency in the World? The weakest currency in the world is the Iranian rial (IRR). The USD to IRR operational rate of exchange is 371,992, meaning that one U.S. dollar equals 371,922 Iranian rials.

What is the best performing currency in the world? ›

The highest-valued currency in the world is the Kuwaiti Dinar (KWD). Since it was first introduced in 1960, the Kuwaiti dinar has consistently ranked as the world's most valuable currency. Kuwait's economic stability, driven by its oil reserves and tax-free system, contributes to the high demand for its currency.

How far does the U.S. dollar go in Japan? ›

As it currently stands, 1 USD equals just about 109 JPY (Japanese Yen). These figures can change, so it is a good idea to frequently visit a currency exchange website to know how far your dollar will go in Japan.

How far does the U.S. dollar go in Portugal? ›

1 USD = 0.89 euro (2019)

Portugal consistently ranks among the most affordable places in Western Europe. The Iberian charmer may not be as cheap as points east, but it's a penny pincher's dream compared to, say, London or anywhere in Scandinavia.

Where is the U.S. dollar worth the least? ›

#1 – Iranian Rial (~514,000 IRR/USD)

Iranian rial rates: 1 USD = ~514,000 IRR (US dollar to Iranian rial – black market rate). 1 USD = 42,226 IRR (US dollar to Iranian rial – official rate). 1 EUR = ~561,000 IRR (Euro to Iranian rial – black market rate).

What is the 3 strongest currency? ›

List of Highest Currencies in the World 2024
CurrencySymbolINR Value In Rs (As on May 2024)
Kuwaiti Dinar1 KWD271.43
Bahraini Dinar1 BHD221.42
Omani Rial1 OMR216.86
Jordanian Dinar1 JOD117.91
6 more rows

What is 1 pound to 1 US dollar? ›

1 GBP = 1.2524 USD May 11, 2024 13:27 UTC

Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently. This is very much needed given the extreme volatility in global currencies lately. Sending money abroad is as easy as ever.

How far does USD go in Thailand? ›

According to Budget Your Trip, the average cost of meals per day in Thailand is 481 baht. Since $100 USD equal 3,554 baht, this means that a traveler can probably get about seven full days of meals in Thailand if they stick to a budget.

How far does USD go in Colombia? ›

The equivalent of cents is centavos in Colombian Spanish. Due to dropping oil prices, the Colombian peso has devalued to record levels, making the country a bargain for international visitors. In early 2020, one U.S. dollar was the equivalent of COP$4,000. Most banks in Colombia do not exchange money.

Does the U.S. dollar go further in Canada? ›

Historically Canada has always been an affordable choice for US travellers, as the Canadian Dollar is typically worth slightly less than the U.S. Dollar. As I write this, one American dollar equals one Canadian dollar and thirty four cents.

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