Best Places to Visit Where the Dollar Is Strong (2024)

Best Places to Visit Where the Dollar Is Strong (1)

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By Quincy Williamson

last updated

Contributions from

Erin Bendig, Donna LeValley

You might think that foreign travel has to be expensive, but this isn’t the case for every destination. With inflation hiking prices all around the world, there are still places where your dollar will stretch enough to make your dream vacation a reality. You can still hike around World Heritage sites or relax on the best beaches, and it will cost you less than other popular travel hotspots.

Our ranking is based on how each currency is currently performing against the dollar (at the time of writing). If you want to find out which are the cheapest cities in the world to travel to, we’ve got the details to help you decide where to head next.

Data sources include: The Federal Reserve, Oanda FX Date Services, Reuters, and Numbeo's cost of living database

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10. Peru

Peru/Peruvian Sol

With roughly 4.5 million visitors a year, Peru has plenty to boast about. This South American country offers tons to do — there's exploring the 15th-century Inca citadel of Machu Picchu, the Maras salt flats, the Amazon river, and the beach-strewn coasts. Even with a tourism boom, your dollar will go far here against the Peruvian sol.
1 USD will get you almost 4 PEN.

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9. Mexico

Mexico/Mexican Peso

The Mexican Peso is the strongest it has been in five years. Even with this impressive growth, your dollar still has an advantage here. A meal in Mexico could cost you just $5. If you include a beer, you’ll pay around $6.50. In Mexico City, you can also book a four-star hotel for as low as $29 a night.
1 USD equates to 17 MXN.

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8. South Africa

South Africa/South African Rand

Have you always wanted to go on a safari? This dream may not be out of reach. South Africa is the host to one of the world's most famous safari destinations — the Kruger National Park — and has a thriving safari industry. Some places even offer safari tours for as little as $146 a day. If you're not a safari enthusiast, don't worry, South Africa also offers climbing, hiking and adventure on the Western Cape's Garden Route, world-renowned vineyards Stellenbosch and Franschhoek, as well as cities like Cape Town and plenty of sun-kissed beaches.
1 USD equals 19 ZAR.

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7. South Korea

South Korea/South Korean Won

Between its vast and affordable transit system, wide range of dining options, and abundance of low-cost activities and attractions, South Korea can prove a relatively inexpensive travel destination.

The Discover Seoul Pass — ranging from ₩39,900 ($29.80) for one day to ₩70,000 ($52.29) for three days — offers more than 200 deals, including admission to Gyeongbokgung Palace, built six centuries ago by the Chosun dynasty. Located on the grounds are the National Museum of Korea and the National Folk Museum. You also get free use of the city’s public bicycles and a free ride on the AREX train system that can get you from SeoulStation to Incheon International Airport.

If you're looking to experience a bit of the local culture, without breaking the bank, try visiting a traditional Korean sauna. The Jeonnam Damyang Resort Hot Spring Sauna, for example, offers 13 kinds of hot springs and costs just $6.59.
Now is one of the best times to visit.
1 USD equates to 1,340 KRW. (All you’ll have to worry about is the airfare.)

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6. Japan

Japan/Japanese Yen

Traveling to Japan may seem unattainable for most Americans due to the high airfare prices. A quick search on Google Flights found roundtrip flights from Atlanta to Tokyo for a week in April starting at a hefty $1,549. However, if you can get past this initial cost barrier, you'll be pleased to know that lodging, the cost of food and the yen all highly favor anyone with the U.S. dollar.

Tokyo, Japan's largest city, can be surprisingly inexpensive for American tourists. For example, a visit to the Shinjuku Gyoen National Garden, where you can see Japan's iconic cherry blossoms, costs just $3.38.
1 USD equates to 148 JPY.

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5. Argentina

Argentina/Argentine Peso

In September 2023, Argentina’s inflation rate hit its highest rate since the 1990s, 124%. And because of this, foreign travel to the country increased. Argentina is now the most visited country in South America with approximately seven million tourists per year. From the cosmopolitan streets of the “Paris of South America (Buenos Aires)” to the unique biodiversity of Patagonia, you can’t miss out when traveling here. In September 2023 alone, 580,000 tourists visited the country, spending $345 million.
1 USD gives you 821 ARS.

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4. Hungary

Hungary/Hungarian Forint

Whether you're trying Hungarian goulash (the national dish), taking a river cruise along the Danube or listening to a traditional folk band in Budapest, the costs of dining out, transportation and entertainment in this eastern European country are all significantly lower than their counterparts in the west. When added up, these three activities will cost you on average just $16 per day.
1 USD in Hungary gets you 352 HUF.

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3. Chile

Chile/Chilean Peso

Airfare, tourism and the Chilean Peso's value have dropped drastically in recent years. A study carried out by Macrotrends found that Chile's tourism dropped 68.47% from 2019 to 2020. But, with this decline comes opportunity. From good food and wine to outdoor adventures and the bustling metropolis of Santiago, there is plenty to do here, and as always, great prices.
1 USD equates to 910 CLP.

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2. Colombia

Colombia/Colombian Peso

For years Colombia was known solely for its drug cartels and armed conflicts. Now, the country is starting to shine in a new light. With immaculate beaches and luscious jungles, Colombia offers a little bit of everything. Here you can buy a meal for just $3.00. It also recently ranked on this list of the best countries to retire 2024.
1 USD in Colombian equates to 3,904 COP.

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1. Vietnam

Vietnam/Vietnamese Dong

Vietnam is one of the most culturally rich countries in the world. You could find yourself one morning soaking up the city sites with a cup of the famous Vietnamese coffee and a delicious baguette, then in the afternoon visiting war history museums or one of the eight UNESCO World Heritage sites in Vietnam.
1 USD equates to 24,565 VND.

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Quincy Williamson

Digital Producer, Kiplinger.com

Quincy is the digital producer at Kiplinger. He joined Kiplinger in May 2021. Before, he worked at Agora Financial - Paradigm Press and was a contributing writer for several other online media publications.

In his current role at Kiplinger, Quincy produces several newsletters, including Kiplinger Today, Investing Weekly, Tax Tips, Kiplinger’s Special Report, and Closing Bell. At the same time, he writes numerous articles every month.

When he’s not working, he’s taking his dogs for a walk or fishing.

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Best Places to Visit Where the Dollar Is Strong (2024)

FAQs

Where is the best place to visit with a strong dollar? ›

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 USD 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.

Which countries' dollars are worth the most? ›

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.

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).

Who benefits when the dollar is strong? ›

Key Takeaways. A strong dollar is good for some and not so good for others. A strengthening dollar means U.S. consumers benefit from cheaper imports and less expensive foreign travel. U.S. companies that export or rely on global markets for the bulk of their sales are financially hurt when the dollar strengthens.

Is the dollar strong in Mexico right now? ›

Basic Info. US Dollar to Mexican Peso Exchange Rate is at a current level of 16.63, down from 16.66 the previous market day and down from 17.85 one year ago. This is a change of -0.15% from the previous market day and -6.81% from one year ago.

How far does $1 go in Argentina? ›

Convert US Dollar to Argentine Peso
USDARS
1 USD888.676 ARS
5 USD4,443.38 ARS
10 USD8,886.76 ARS
25 USD22,216.9 ARS
6 more rows

How much is 1 dollar in Mexico? ›

1 USD = 16.6529 MXN May 23, 2024 04:03 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

What is the number 1 strongest currency? ›

1. Kuwaiti dinar. The Kuwaiti dinar (KWD) is the world's strongest currency, and this is for a number of reasons. For starters, Kuwait has one of the largest oil reserves in the world.

What is the weakest currency in the world? ›

Currently, the Iranian Rial is considered the world's least valuable currency.

What is the strongest currency in the world in 2024? ›

– The Kuwaiti Dinar (KWD) holds the title of the strongest currency in the world in 2024. 2. Which country issues the Bahraini Dinar (BHD)?

What is 1 pound to 1 US dollar? ›

1.26 USD

What is the strongest currency in the world right now? ›

Kuwaiti Dinar (KWD) is the world's most valuable currency.

How much is $100 euros in US dollars? ›

Euros to US Dollars conversion rates
EURUSD
100 EUR108.19 USD
500 EUR540.96 USD
1,000 EUR1,081.92 USD
5,000 EUR5,409.62 USD
7 more rows

Where is the best place to cash in foreign currency? ›

Banks, credit unions, online bureaus, and currency converters provide convenient and often inexpensive currency exchange services. Once on foreign soil, the best means to convert currency is to use a foreign automated teller machine (ATM) or identify whether your bank has ATMs or banking affiliates nearby.

Does the US dollar go far in Portugal? ›

1 USD = 0.89 euro (2019)

Both of Portugal's major cities—capital Lisbon and riverside Porto—appear in the top 15 (at #14 and #6, respectively) on the 2019 City Cost Barometer's list of low-cost European destinations.

What can I buy with a strong US dollar? ›

A strong US dollar can be a good thing for the American consumer – it makes imported goods like wine, and even traveling abroad, cheaper. However, if you're an investor, a strong dollar means you need to reassess your portfolio strategies and rebalance your assets so you get the most out of this situation.

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