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International travel is on the rise 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 said they are ready to finally take that long-awaited trip abroad.
One of the main problems for travelers right now is, of course, budget issues. With the price of everything on the rise across all categories, maximizing your vacation money is more important than ever.
While many popular destinations are becoming more expensive, there are some ideal vacation spots where the US dollar (USD) can stretch much further due to favorable exchange rates.
The countries included in this list are based on how each of their currencies is currently performing against the US dollar at the time of writing. The destinations listed now have very favorable exchange rates for those arriving with US dollars, and are likely to remain stable throughout the year.
While there are many other countries around the world where the dollar can go further, the ones listed reflect popular travel destinations that are popular this year and include a number of the best destinations from around the world.
In addition to the favorable exchange rate, average costs are included to better understand the total cost of traveling to one of the listed destinations.
These are 6 trending directions where your dollar will go the furthest right now:
- 1.00 US Dollar = 347.56 Hungarian Forint
This large and diverse Central European country is packed with places to visit, and the good news is that it’s considered one of the most budget-friendly countries in the region. While most flock to the bustling capital of Budapest (and for good reason), there are other places to visit such as Eger, Gyula, Tata and more.
The US dollar is worth a lot here, even in the big cities. Budapest is notoriously cheap, and budget hotels are an option for around $25 a night. Lunch can be found for around $8, and a local beer or espresso can easily be found for less than $2.
Another way to maximize your money when traveling in Hungary is to take advantage of their new travel cards, which give you huge discounts on train and bus travel.
5 Best Travel Insurance Plans for 2023 from $10/week
- 1 US dollar = 3.69 Peruvian soles
Although it has been a rough last couple of years, Peru seems to be back on its feet and is once again welcoming tourists with open arms.
With world-famous attractions such as Machu Picchu, the Rainbow Mountains, the Maras Salt Flats and the Amazon River, you really don’t need an extra reason to book a trip to Peru.
But if you do, the favorable exchange rate means you can get more for your money here.
You can get by in Peru with hostel beds ranging from $4 to fancy hotels that will cost you hundreds. Transportation is cheap and in some places you can get delicious local food for less than $2. Major sites can also be visited on the cheap, with options ranging from budget to premium.
- 1.00 USD = 30.83 Egyptian pounds
From the Pyramids of Giza to the beaches of Sharm el-Sheikh and all the iconic sights along the way, Egypt simply has so much to see and do. With the exchange rate now favorable, traveling here with your US dollars means you can do more with less.
In Cairo, for example, an inexpensive meal can cost around $3.50 and a beer less than $2. Accommodations vary, and the average price for a hotel room in Cairo is $61.
- 1.00 US Dollar = 19.82 Turkish Lira
Turkey is predicted to be one of this summer’s busiest destinations for foreign visitors, and plans to draw big crowds. One such crowd is likely to be American travelers coming to take advantage of the ever-weakening Turkish lira.
Although the country is vast and diverse, estimates for tourist areas show that you can eat in an inexpensive restaurant for about $5 and get a pint of domestic beer back for about $2. Public transport is also cheap for traveling around the county, with buses being the most economical way to see more for less money.
- 1.00 USD = 17.76 Mexican pesos
With so much to experience in one country, from stunning beaches and coastlines to world-class cities and charming towns, Mexico should be on everyone’s radar for an epic vacation. It’s a great place 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 against the US dollar means you can still get a lot more for your money here, whether you’re relaxing on the beach or traveling around the city.
One of the main selling points here is the huge street food scene, where you can get a great meal for around $2, not to mention a beer for the same price. A meal in Mexico City can cost as little as $6, but of course you can splurge and get as high as you want.
- 1.00 US Dollar = 23,533 Vietnamese Dong
This stunning Southeast Asian option is once again gaining popularity among American travelers for many reasons, one of which is the favorable exchange rate. With destinations all over the country worth visiting, the good news is that transport is cheap and buses, taxis and even domestic flights won’t set you back too much.
The cost and quality of housing varies across the country. In some places you can get a bed for as little as $11, but the average hotel room is only around $30. Street food here is cheap and delicious and can often be found for less than $2.
A local beer won’t set you back more than $1, and the coffee culture in some cities like Hanoi has to be seen to be believed and will often cost around $1.
Traveler alert: Don’t forget insurance for your next trip!
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This article originally appeared on TravelOffPath.com