Exchange Your Currency!
Now is the perfect time to grab some Euros at an amazing price.
Whether you’re looking to plan your trip soon or sometime in the near future, there has never been a better time to travel to Europe! Exchange rates are at a 20-year low, COVID restrictions are being lifted, and the tourism industry is coming back on track.
As of Tuesday, July 19, 2022, the currency exchange rate from USD to Euro is
Your dollar has never stretched further in the currency exchange, and that means taking advantage of additional services, activities, or restaurants that were once thought to be out of budget!
Per CNBC, parity approach, (the exchange rate between the currencies of two countries making the purchasing power of both currencies substantially equal), is like getting a 15% discount. As an example, an American who bought a €15 sandwich in Paris a year ago would have paid about $17.70. Today, that traveler would pay just over $15.
How To Take Advantage
The exchange rates are constantly fluctuating, and can change quickly so here are some tips and tricks on taking advantage of these amazing rates while you can.
Use a credit card with no foreign transaction fees as much as possible
Always make sure when using a credit card you pay in that country’s currency, and not have it converted to USD. This will help you get the most bang for your buck! Visa and MasterCard are the most accepted forms of credit card payment in Europe.
If a tour or hotel allows being charged now or later, choose now!
Take advantage of the savings! Don’t wait in case the exchange rate goes up when you arrive.
Withdraw money from the ATM in your destination country, and avoid converting large sums before you leave if you’re traveling soon.
You will get a better exchange rate by withdrawing money directly from your account once you arrive. Don’t forget to withdraw in that country’s currency, and not USD. This will save you some additional dollars!
Traveling in the future and want to get in on the amazing exchange rates?! Exchange your current now to lock in the best pricing, but, check with your bank about the best rates and fees they can offer prior. Every bank is different, and some fees can take away the benefit of exchanging your money now.
Ready to book your adventure? For The Story Vacations is now working with clients looking to travel November 2022 and beyond! Click here to schedule your phone consultation now. What will your story be?!