Author: The Traveling Professor/Saturday, April 4, 2015/Categories: General Travel
4 years ago, it costs about $1.40 to purchase a euro. Today, it is about $1.09 to get that same euro. In recent years it has been as high as $1.57 to purchase a euro and recently is has even gone down to $1.05.
Savings on currencies like the Norwegian Krone are even more significant.
The chart below will help you understand if it is really a bargain to travel to Europe today:
Item
2011 Cost
in €
in $
2015 in $
Savings
Dinner in Paris for 1
65
$91
$70
$21
Hotel in Rome
175
$245
$191
$54
Venice Water Taxi
60
$84
$65
$19
Paris Museum Admission
14
20
$15
$5
Rome to Venice Train
45
$63
$49
$14
Europe Tour Guide, Per Day
350
$490
$381
$109
Rome Taxi from Airport to Hotel
48
$67
$52
Even adjusted for inflation, it is obvious that there are great savings to be found in euro-based countries today.
To put it in better perspective, if someone generously spent $2750 in 2011 on a 7-10 day vacation in Paris or Italy, that same vacation would only cost $1,964 today, a savings of $786. I will leave it up to you to determine if that is a significant savings or not.
Number of views (2206)/Comments ()