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#1
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What countries have the best exchange rate for the dollar?
Hi,
I'm planning on traveling the world over the next year..... One of my criteria is to travel to countries that have a good exchange rate with the US dollar. That way I can get more for my dollar. Anyone know a website where I can find this info? I've searched unsuccessfully thru google. Obviously I didn't put in the right words. No use going somewhere where my money doesn't go very far (obviously everyone is different......this is a matter of opinion). Thanks Mike |
#2
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What countries have the best exchange rate for the dollar?
On Sat, 27 Sep 2003 03:32:28 GMT, the renowned "King"
wrote: Hi, I'm planning on traveling the world over the next year..... One of my criteria is to travel to countries that have a good exchange rate with the US dollar. That way I can get more for my dollar. Anyone know a website where I can find this info? I've searched unsuccessfully thru google. Obviously I didn't put in the right words. No use going somewhere where my money doesn't go very far (obviously everyone is different......this is a matter of opinion). Well, try _The Economist_ for the Big Mac index. It's not always indicative, but perhaps more so for a traveller than the cost comparisons of capitals that tend to be aimed at padding Ex-pat expense accounts and housing allowances. It would be a shame if you missed some really great places because the cost of living happens to be two or three times that of the cheaper ones- maybe just limit your time there and camp on the beach for a bit longer in the cheaper oens. Best regards, Spehro Pefhany -- "it's the network..." "The Journey is the reward" Info for manufacturers: http://www.trexon.com Embedded software/hardware/analog Info for designers: http://www.speff.com |
#3
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What countries have the best exchange rate for the dollar?
The Terran carbon-based unit designating itself as "King"
shared its ideas in rec.travel.latin-america on Sat, 27 Sep 2003 03:32:28 GMT: Hi, I'm planning on traveling the world over the next year..... One of my criteria is to travel to countries that have a good exchange rate with the US dollar. That way I can get more for my dollar. This is a fallacy, since exchange rates have little to do with relative costs. You have to look deeper at the things you are interested in doing and purchasing, and comparing the actual costs of those items. The exchange rate is really irrelevant. Your best resource for relative costs, might be the U.S. Government's Maximum per diem rates established for each country. And for some countries, it is actually broken down into specific cities. It is a long document, but fairly complete. You can see these rates he http://www.state.gov/m/a/als/prdm/2003/23594.htm. Anyone know a website where I can find this info? I've searched unsuccessfully thru google. www.oanda.com/convert/classic is one of the best Currency Converters I've found. Obviously I didn't put in the right words. No use going somewhere where my money doesn't go very far (obviously everyone is different......this is a matter of opinion). Again, exchange rates won't really tell you much about actual costs in the country you are visiting. --Douglas |
#4
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What countries have the best exchange rate for the dollar?
Typically exchange rates are floating projections from one currency to
another. Therefore they say little if anything about standard of costs in a region in which whatever currency is in use. Naturally in the Communist countries they followed a practice of several rates for a "hard currency". One and the lousiest of them was the "tourist rate", which was fixed by the government and was a lot inferior to the market rate (whatever that was). For instance the GDR fixed their monopoly money 1:1 rate with the Bundesmark. West German banks used the rate 1:9 or 1:10 in the famous year of 1989 when GDR collapsed............. For instance in Latin American countries both inflation and it's more or less direct implication of the decline of the external value of the currency can be extraordinarily fast making things a bit complicated. For intance until 1981 Mexican peso was fixed to US dollar by 1:21 or 1:23 rate (can't recall which). In summer 1984 a buck bought about 200 pesos and in summer 1986 some 600 pesos and in the end of that year some 1000 pesos. In developing countries imported goods are typically about as expensive as in the high cost countries because the raw price is [typically] about the same anyways. The logistics structure may be somewhat more economical but on the other hand import duties may raise the price at border well beyond anything rational. Domestically made goods on the other hand are typically cheap and often very cheap compared to the developed countries with similar products. Continentwise (extremely rough base for comparisons) Asia is the cheapest for travellers. Naturally countries like Japan, Korea and Taiwan don't follow the line. "King" wrote in message ink.net... Hi, I'm planning on traveling the world over the next year..... One of my criteria is to travel to countries that have a good exchange rate with the US dollar. That way I can get more for my dollar. Anyone know a website where I can find this info? I've searched unsuccessfully thru google. Obviously I didn't put in the right words. No use going somewhere where my money doesn't go very far (obviously everyone is different......this is a matter of opinion). Thanks Mike |
#5
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What countries have the best exchange rate for the dollar?
"King" schreef in bericht ink.net... Hi, I'm planning on traveling the world over the next year..... One of my criteria is to travel to countries that have a good exchange rate with the US dollar. That way I can get more for my dollar. Mike You must be joking. Never heared of people, culture, nature, ... ? Please help me to understand how they brainwash people in the US on this way... |
#6
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What countries have the best exchange rate for the dollar?
You must be joking.
Never heared of people, culture, nature, ... ? Never heard of reading comprehension? "One of my criteria..." does not mean "my sole criterion". Please help me to understand how they brainwash people in the US on this way... I would, ordinarily, but it would be wasted on a Belgian. -Chris |
#7
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What countries have the best exchange rate for the dollar?
"really man" wrote:
You must be joking. Never heard of people, culture, nature, ... ? Never heard of reading comprehension? "One of my criteria..." does not mean "my sole criterion". Even in case it is the last criterium on his list, even then, it is banal, crude and vulgar to write such kind of statements. Please help me to understand how they brainwash people in the US on this way... I would, ordinarily, but it would be wasted on a Belgian. -Chris I can hardly agree more on that You probably know that since 1930 there "are no belgians anymore" belgium is an artificial country that will explode before 2020 |
#8
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What countries have the best exchange rate for the dollar?
You must be joking.
Never heard of people, culture, nature, ... ? Never heard of reading comprehension? "One of my criteria..." does not mean "my sole criterion". Even in case it is the last criterium on his list, even then, it is banal, crude and vulgar to write such kind of statements. You're being utterly ridiculous. Economical travel is a perfectly valid criterion. You would need to elucidate on your assertions to convince anyone otherwise. -C |
#9
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What countries have the best exchange rate for the dollar?
"really man" schreef in bericht ... You must be joking. Never heard of people, culture, nature, ... ? Never heard of reading comprehension? "One of my criteria..." does not mean "my sole criterion". Even in case it is the last criterium on his list, even then, it is banal, crude and vulgar to write such kind of statements. You're being utterly ridiculous. Economical travel is a perfectly valid criterion. Sure, but IF, but only IF he meant to tavel economical, then he should write "value for my money" But what he really meant was "in which country can I make use of my valuable dollars" or "in which country do people still like USD" Only US people don't see the difference between money and dollars |
#10
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What countries have the best exchange rate for the dollar?
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