Low euro a benefit to US travelers heading to Europe this summer
One of the often overlooked aspects of traveling overseas is currency exchange. It’s easy to forget about it, or to pretend that ?20 Queen Elizabeth waving bobblehead doll you bought in London was really just $20. But it’s not, and those extra shillings and pennies can add up over the course of a trip.
CNN has good news for those who might be interested in traveling to the continent this year. Exchange rates for the euro are very favorable for American travelers. As of Wednesday afternoon, $1.08 equalled one euro.
A year ago $1 equalled just .72 euroes.
Where there is little relief to be found is with the British pound. Currently $1 will get you just 67 pence in return. So in effect, that bobbledhead will cost you a lot more than $20.