I'm glad I took my trip in March! :scared: :scared:
Soaring euro means pricier European vacations
By Gene Sloan, USA TODAY
Oh la la! It's getting pricey again for an American in Paris. Or Rome. Or Berlin.
Travelers beware: The dollar is losing its value against the euro.
AP Photo
After bouncing back a bit last year, the U.S. dollar has resumed its multi-year slide against the euro, just as the heavy summer vacation season kicks into gear. The greenback has dropped more than 6% in just the past three weeks — making everything from croissants in Paris to Vatican tickets in Rome that much more expensive for Americans.
The decline has pushed the cost of a euro back up to $1.27, not far from its peak in 2005 and a dizzying 50% higher than five years ago. (Travel tool:Online currency converter)
"You're dealing with $100-plus taxis, $50 per-person meals at a basic neighborhood cafe, $8 beers, and much higher rates than here on rental cars and gasoline," says Tim Leffel, author of The World's Cheapest Destinations.
Leffel says this might be the year to skip Europe and instead head to Latin America, where the dollar remains strong. Or if you're committed to a trip to the Continent, consider countries that are still emerging as tourist destinations such as Romania and Bulgaria instead of heavily in-demand France and Italy.
"The simple rule of thumb (for savings in Europe) used to be 'head east,' and that's still true," he says. But "it takes a bit more research now."
Eastern European hot spots Krakow, Poland, and Budapest, Hungary, "aren't the bargains they used to be," he says. "But outside these main cities prices can drop in half. A beer in a bar is two dollars instead of six or eight in Western Europe."
http://www.usatoday.com/travel/destinations/2006-05-11-euro_x.htm