Top Destinations Where the U.S. Dollar Goes the Furthest (2024)

By Dana Perkiss

Some people may feel intimidated to travel because they don’t want to break their budget, but there are actually tons of destinations where you can easily stretch a dollar.

The U.S. dollar (USD) has been gaining strength in comparison to other countries around the world, setting up travelers to secure more affordable vacation packages. To help you travel within your budget, check out these top destinations where the USD goes the furthest.

Top Destinations Where the U.S. Dollar Goes the Furthest (1)

Spain

Whether you want to explore the vibrant streets of Madrid, check out the beautiful beaches in Barcelona, or immerse yourself in Andalusia’s wine country, you can do so at affordable rates in Spain.

Wine connoisseurs can indulge in their fair share of vino at about €5 per bottle, while a refueling cup of coffee is just about €1. Lunch or dinner can cost anywhere between €15 and €45, depending on how much you want to splurge on Spanish tapas.

Top Destinations Where the U.S. Dollar Goes the Furthest (2)

Argentina

If you love soccer, tango, and friendly locals, then Argentina is the perfect place for you. This South American country is brimming with diverse landscapes and culture – from Buenos Aires, the capital city filled with things to do, to Patagonia, a vast region with stunning landscapes and natural wonders.

Since the Argentine Peso dropped in 2022, many travelers are loving Argentina as a budget-friendly destination. The country offers a favorable exchange rate for the USD, making it so your total daily expenses in Argentina would be kept low. A nice dinner might cost just $16 per person, while transportation like taxis is also fairly affordable.

Top Destinations Where the U.S. Dollar Goes the Furthest (3)

United Kingdom (England, Scotland, Wales, and Northern Ireland)

The USD has been slowly gaining strength over the last few years, currently equating to about 0.8 Pounds – meaning now is the best time to book a trip to the UK.

Whether you want to search for the Loch Ness Monster in Scotland, drive the famous scenic routes in Northern Ireland, immerse yourself in royal culture in England, or get lost in the stunning terrain and beaches of Wales, the UK is filled with incredible destinations perfect for any traveler.

Top Destinations Where the U.S. Dollar Goes the Furthest (4)

South Africa

South Africa is a bucket list destination that’s more affordable than most people think, even though the experiences it provides are beyond value. From thrilling safaris and National Parks to beautiful beaches in Cape Town, South Africa is beyond worth it for all travelers.

18.7 South African rand equals 1 USD, meaning your money can go pretty far here. You can have a traditional South African meal for under $10 and wash it down with a delicious beer for about $2. The country is also well-known for its spectacular wineries, so you can indulge in your fair share of delicious wine for less than you’d pay in the U.S.

Top Destinations Where the U.S. Dollar Goes the Furthest (5)

Colombia

Arguably one of the best countries to visit in South America, Colombia is an incredibly diverse country filled with incredible beaches, vast mountains, and exquisite cuisine. Perhaps best of all, it is highly affordable for U.S. travelers, being that 1 USD equates to about 3,770 Pesos.

Taxies could cost you under $5, with the same amount being used for a nice meal at a local restaurant. A beer at the bar can be found for as low as $1, while delicious street food like empanadas and arepas can also be found for under $1. Basically, you can enjoy quite luxurious amenities and meals in Colombia at very budget-friendly rates!

Top Destinations Where the U.S. Dollar Goes the Furthest (6)

Hungary

Hungary is an incredibly unique country in Eastern Europe that doesn’t get as much attention as it deserves. Boasting a rich history, exquisite architecture, and famous spa towns, Hungary is an underrated country in Europe you must add to your bucket list.

Don’t let the opulent castles and vivid culture scare you – the daily costs in Hungary are easy to keep low! A filling breakfast could cost you just about $3, and a delicious dinner costing about $7. You can especially find affordable food in Budapest at the Downtown Market on Hold Street, as well as cheap drinks in the city’s ruin bars.

Top Destinations Where the U.S. Dollar Goes the Furthest (7)

Peru

Home to Machu Picchu and the Amazon jungle, Peru is easily one of the most bucket-list destinations in the world. It’s also known for being budget-friendly and hosting tourists, with about 3.7 Peruvian soles equating to one USD.

This means that you can indulge in delicious Peruvian cuisine, like ceviche, for very affordable prices. You can have a whole dinner with an appetizer, main course, drink, and dessert for between $5-$10, or get a whole bottle of wine for just $1!

Top Destinations Where the U.S. Dollar Goes the Furthest (8)

Egypt

Have you ever dreamed of taking a Nile River cruise or seeing the famous Pyramids of Giza in person? Well, this is your chance!

Now in 2024, one USD equates to about 47 Egyptian Pounds – meaning your Egyptian bucket list is more affordable than ever. Explore Egypt’s vibrant capital of Cairo, marvel at the Great Sphinx in Giza, and maybe even take a dip in the Red Sea at budget-friendly rates stronger than before!

Top Destinations Where the U.S. Dollar Goes the Furthest (9)

Bonus: All of Europe

With the EUR and USD closer than ever, now is the absolute best time to travel to Europe. Travelers can enjoy lower rates in countries that utilize the Euro such as Italy, Greece, and Ireland.

So, what does this mean? Your dollar will go further in Europe than it has in over 20 years, and you’ll want to take advantage of the opportune exchange rates now while they're more favorable.

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Top Destinations Where the U.S. Dollar Goes the Furthest (2024)

FAQs

Where does the US dollar go furthest? ›

This means the dollar goes particularly far in Japan, where the yen is at its weakest in decades, and in Argentina, where the peso is near a record low. Other popular tourist stops where the dollar can buy more this year are Hungary, South Korea, Thailand, Brazil and Canada.

In what country is the American dollar worth the most? ›

To help you travel within your budget, check out these top destinations where the USD goes the furthest.
  • Spain.
  • Argentina.
  • South Africa.
  • Colombia.
  • Hungary.
  • Peru.
  • Egypt.
  • Bonus: All of Europe.

Where is the USD worth the most in 2024? ›

Monthly USD exchange rate against currency of 55 economies in Big Mac Index 2024. One United States dollar was worth over 15,000 Indonesian rupiah in March 2024, the highest value in a comparison of over 50 different currencies worldwide.

What country has the best exchange rate for USD? ›

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). Kuwait is located on the Persian Gulf between Saudi Arabia and Iraq, and the country earns much of its wealth as a leading global exporter of oil.

Where is the USD most powerful? ›

Best Places to Visit Where the Dollar Is Strong
  • Mexico. Mexico/Mexican Peso. ...
  • South Korea. South Korea/South Korean Won. ...
  • Japan. Japan/Japanese Yen. ...
  • Argentina. Argentina/Argentine Peso. ...
  • Hungary. Hungary/Hungarian Forint. ...
  • Chile. Chile/Chilean Peso. ...
  • Colombia. Colombia/Colombian Peso. ...
  • Vietnam. Vietnam/Vietnamese Dong.

What place has the highest exchange rate for US dollar? ›

Kuwaiti dinar

You will receive just 0.30 Kuwait dinar after exchanging 1 US dollar, making the Kuwaiti dinar the world's highest-valued currency unit per face value, or simply 'the world's strongest currency'.

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

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. Kuwait's economic stability, driven by its oil reserves and tax-free system, contributes to the high demand for its currency.

Does the US dollar go far in Europe? ›

Many merchants also accept U.S. dollars, but the exchange rates and bartering can be confusing. According to NetVoucherCodes, now is also a good time to visit Britain and continental Europe, with the dollar still holding its own against the pound and the Euro.

What state is your dollar worth the most? ›

According to 24/7 Wall Street's research, only four states (Rhode Island, Florida, Oregon and Delaware) are actually worth $1. The states that were named the most expensive include New Jersey, California and New York, with each averaging about $0.87 to $0.88 on the dollar.

What is the weakest currency in the world? ›

What Is the Weakest Currency in the World? The weakest currency in the world is the Iranian rial (IRR). The USD to IRR operational rate of exchange is 371,992, meaning that one U.S. dollar equals 371,922 Iranian rials.

What is the richest currency in the world? ›

Kuwaiti Dinar (KWD)

The KWD is the highest-valued currency globally, underpinned by Kuwait's economic stability and oil reserves. Introduced in 1960, the Kuwaiti Dinar consistently maintains its status as the world's most valuable currency.

Where is the best place to buy USD? ›

Local banks and credit unions usually offer the best rates.

Does the US dollar go far in Japan? ›

As of press time, one U.S. dollar is equivalent to about 156 Japanese yen; five years ago, it was hovering closer to 100 Japanese yen.

When was the US dollar at its highest value? ›

History. USDX started in March 1973, soon after the dismantling of the Bretton Woods system. At its start, the value of the U.S. Dollar Index was 100.000. It has since traded as high as 164.7200 in February 1985, and as low as 70.698 on March 16, 2008.

Where does the US dollar have the most spending power? ›

1. Brazil. Brazil is the overall champ for currency discounts, where buying power was up 32% at the close of 2020, and has doubled since 2015. culture and language are just a bit more unfamiliar and exotic to North Americans.

Which is the strongest currency in the world? ›

Kuwaiti dinar (KWD)

The Kuwaiti dinar is the strongest currency in the world, with 1 Kuwaiti dinar buying 274.40 Indian rupees (or, put another way, INR 1 equals 0.003 Kuwaiti dinars). Kuwait is located between Saudi Arabia and Iraq. It earns much of its wealth from being a leading global oil exporter.

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