6 Destinations Where You Will Get the Most Value for the US Dollar

Summer travel is in full swing, and with 72% of people planning to travel this summer, it’s essential to know where your US dollar will go the furthest. According to Bank of America’s Economic Insights for Summer 2024 Travel Trends, 36% of travelers have already finalized their trip details. Don’t miss out on these incredible destinations where your dollar will stretch the most.

1. Cairo, Egypt

Cairo, the vibrant capital of Egypt, offers an unforgettable experience at an unbeatable price. For just $1.07, you can enjoy a 10-mile cab ride, while a budget dinner for two will set you back only $9.70. A refreshing pint of beer costs a mere $1.78, and with a 10% tip percentage, you can indulge in the local culture without breaking the bank.

2. Chile – Chilean Peso (CLP)

Chile has seen a significant currency exchange rate change, with a -11.84% drop from June 2023 to June 2024. This makes it an ideal time to visit Santiago, where a 10-mile cab ride costs $10.03, a budget dinner for two is $20.40, and a pint of beer is $3.63. With a 5-10% tip percentage, you can enjoy the city’s rich history and culture without overspending.

3. Japan – Japanese Yen (JPY)

Japan, known for its unique blend of tradition and modernity, is another destination where your dollar will go far. The currency exchange rate has dropped by -11.84% from June 2023 to June 2024, making it an excellent time to visit Tokyo. Here, a 10-mile cab ride costs $22.84, a budget dinner for two is $13.48, and a pint of beer is $3.03. Tipping is not customary in Japan and may even be considered rude, so you can save even more.

4. Vietnam – Vietnamese Dong (VND)

Vietnam has seen a -8.26% currency exchange rate change from June 2023 to June 2024, making it an attractive destination for travelers. In Hanoi, a 10-mile cab ride costs $3.71, a budget dinner for two is $4.12, and a pint of beer is $1.03. With a 10-15% tip percentage, you can immerse yourself in the city’s vibrant atmosphere without worrying about expenses.

5. Indonesia – Indonesian Rupiah (IDR)

Indonesia, with its stunning beaches and rich cultural heritage, is another destination where your dollar will go far. The currency exchange rate has dropped by -7.74% from June 2023 to June 2024. In Singapore, a 10-mile cab ride costs $14.63, a budget dinner for two is $21.94, and a pint of beer is $7.31. Service fees are often included, but if not, consider tipping to show your appreciation for the excellent service.

6. Singapore – Singapore Dollar (SGD)

Singapore, known for its efficiency and modernity, offers a unique blend of Asian and Western cultures. Here, a 10-mile cab ride costs $14.63, a budget dinner for two is $21.94, and a pint of beer is $7.31. Service fees are often included, but if not, consider tipping to show your appreciation for the excellent service.

These destinations offer an incredible opportunity to travel and experience new cultures without breaking the bank. With the right currency exchange rates and a little planning, you can make the most of your summer travel.