Grab your passport and pack you phone charger, now is the best time to puddle jump to Europe. The Euro hasn’t been this low for over a decade, which means your US dollars can go farther on a trip of a lifetime. Brush up on the rich history of Ireland, prepare your palate for a French culinary tour and get ready for an impressive Croatian escapade.
Most people agree that they’d travel more if they had more money to do it. While a weak Euro won’t boost your paycheck, what it will do is make it easier for Americans to make their fun money stretch while on a European vacation.
In the last ten plus years the relative worth of the Euro has fluctuated between $1.25 and $1.60. But now, thanks to the weaker Euro, $50USD is worth about 45 EUROs.
Here are exchange rates as of January 29, 2015:
1 Euro = 1.13 US Dollars
1 USD = .88 Euros
Check out the Google Currency Converter so you can get up-to-date exchange rates for currency worldwide. It is the most barebones site you’ll ever encounter but it does the trick in a pinch (especially for all those times you want to convert the Myanmar Kyat to the Gibraltar Pound and you can’t do the math in your head).
While airfares from the US to Europe won’t necessarily be the lowest of all time, accommodations, tours, rentals and everything else purchased while you’re gallivanting Euro-style will have a conversion price in your favor. For example, a 4-star hotel in Ireland starts at $75/night right now and you can tour Spain including Madrid’s epic architecture and bar scene for 10 days at a cool $128 daily rate.
A quick hop over to Wikipedia gives the history of how the Euro emerged (and waved goodbye to the French Franc and the German Deutschmark) which might be good reading during your trans-Atlantic flight. It also includes what some might think is a travel itinerary of the 19 countries in the EU Member States using the Euro as their official currency. Plan accordingly:
These other locations also conduct commerce using the Euro (which includes European microstates and overseas territories) so in other words your US dollars will get that nice USD-EURO exchange rate in these places, too, especially if you’ve been pining for a vacay in the French Southern and Antarctic Lands (oops, there is no permanent civilian population there):
The time is yesterday to get your European vacation planned. No other word but capitalize comes to mind in this realm: capitalize on the weak Euro and travel to destinations you’ve always wanted to visit or always intended to revisit. Go for it and check off your European bucket list.
"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover." - author H. Jackson Brown's mother in his book P.S. I Love You: When Mom Wrote, She Always Saved the Best for Last