The 6 Trending Destinations Where Your U.S. Dollar Will Go the Furthest Right Now

Posted on May 23, 2023 by Admin in Travel Guide

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Last Updated 1 second ago

Foreign travel is skyrocketing this year, and people from many countries want to explore other cultures abroad.

One such group ready to travel in near-record numbers is Americans, who have indicated that they are ready to finally get that long-awaited trip overseas on the books.

woman in front of parliament building in budapest hungary copy

One main issue for travelers right now is, of course, budget concerns. With prices rising for everything across all categories, maximizing your money on vacation is more important than ever.

While many popular destinations are becoming increasingly expensive, there are some particular ideal vacation spots where the U.S. dollar (USD) can stretch much further, due to favorable exchange rates.

The countries included on this list are based on how each of their currencies is currently performing against the U.S. dollar at the time of writing. Locations listed have very favorable exchange rates right now for those coming with USD to spend and likely will continue to remain steady all year.

While there are many other countries around the world where the USD might go further, the ones listed reflect popular travel destinations that are trending this year and include a range of top spots from all around the globe.

In addition to the favorable exchange rate, average costs are included to help better understand the overall cost for a trip to one of the destinations listed.

These Are The 6 Trending Destinations Where Your U.S. Dollar Will Go the Furthest Right Now:

Hungary

1.00 US dollar = 347.56 Hungarian forints

This large and diverse Central European country is overflowing with places to visit, and the good news is that it’s considered to be one of the most budget-friendly countries in the region. While most flock to the buzzing capital city of Budapest (and for good reason), there are other places to visit, such as Eger, Gyula, Tata, and more.

The U.S. dollar goes far here, even in the bigger cities. Budapest is known to be cheap, and budget hotels are an option at about $25 a night. Dinner can be found for around $8, and a local beer or espresso is easily found for under $2.

Another way to maximize your money while traveling in Hungary is by taking advantage of their new travel cards, allowing you massive discounts on train and bus travel.

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Little village Hollókő Holloko spring time in Hungary

Peru

1 US dollar = 3.69 Peruvian soles

While it’s had a bit of a rough recent couple of years, Peru seems to have gotten back on its feet and is welcoming tourists again with open arms.

From world-famous sights such as Machu Picchu, the Rainbow Mountains, Maras salt flats, and the Amazon River, you really don’t need another reason to book a trip to Peru.

But if you did, the favorable exchange rate means you can get more for your money here.

You can get by in Peru with dorm beds as low as $4 to fancy hotels costing you hundreds. The transportation is cheap, and you can get delicious local eats for under $2 in certain places. Seeing the major sites can also be done on the cheap, with options ranging from budget to first class.

Egypt

1.00 US dollar = 30.83 Egyptian pounds

From the Pyramids of Giza to the beaches of Sharm El Sheikh and every iconic sight along the way, there is simply so much to see and do in Egypt. With the exchange rate being favorable right now, traveling here with your American dollars means you can do more with less.

In Cairo, for example, an inexpensive meal can cost around $3.50, and a beer under $2. Accommodation is varied, and the average price for a hotel room in Cairo is $61.

Bedouin on camel near pyramids in desert

Turkey

1.00 US dollar = 19.82 Turkish lira

Projected to be one of the busiest destinations this summer with international visitors, Turkey is planning for large crowds. One such crowd will likely be American travelers, who are coming to take advantage of the ever-weakening Turkish lira.

While the country is vast and varied, estimates for tourist areas indicate that you can eat in an inexpensive restaurant for about $5, and tip back a pint of domestic beer for around $2. Public transportation is also cheap for traveling around the county, with buses being the most economical way to see the most for the least money.

Mexico

1.00 US dollar = 17.76 Mexican pesos

With so much to experience all in one country, from stunning beaches and coastlines to world-class cities and magic towns, Mexico should be on everyone’s radar for an epic holiday. This is a great destination for Americans who want to leave the country and experience a different culture, but not go too far from home.

The Mexican peso is strengthening, but its current value stacked up against the U.S. dollar means you can still get a lot more for your money here, no matter if you are lounging on the beach or urban exploring.

One main selling point here is the massive street food scene, where you can get some amazing food for about $2, not to mention the beers for around the same price. A meal in Mexico City can cost as little as $6, but of course you can splurge and go as high as you like.

Craft Street In San Miguel de Allende, A Colonial Era City In Mexico, Latin America

Vietnam

1.00 US Dollar = 23,533 Vietnamese Dongs

This Southeast Asian stunner is gaining popularity with American travelers again for many reasons, and one of them is the favorable exchange rate. With destinations across the country worth a visit, the good news is transportation is cheap, and busses, taxis, and even domestic flights won’t set you back too much.

Accommodation ranges in price and quality across the country. In some places, you can get a bed for as little as $11, but an average hotel room is only around $30. Street food here is cheap and delicious and can often be found for under $2.

A local beer won’t set you back more than $1, and the coffee culture in some cities such as Hanoi has to be seen to be believed and will often only cost around $1.