Comments on: 6 Ways Americans heading to Europe can benefit now from a stronger dollar https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html EuroCheapo editors take on the world of budget travel. Sat, 06 Sep 2025 14:19:49 +0000 hourly 1 https://wordpress.org/?v=4.8.3 By: Alanna https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-59202 Sun, 06 Feb 2011 21:08:07 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-59202 Hi,

I am coming to this article kinda late and the rate isn’t what is was a few months ago. However, I was wondering if it is still advisable to follow this tips. I will be traveling in June and July which is a bit away and I don’t know what the exchange rate will look like then.

Thanks for any advice!

]]> 9956 59202 2011-02-06 21:08:07 By: William K Wallace https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-54568 Sun, 05 Sep 2010 15:17:06 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-54568 Because I’m a nice guy I will offer a wee tip to all tourists in London, never buy your cheap tacky souvenirs from those stalls and shops in Central London…you will pay treble the going rate!

]]> 9956 54568 2010-09-05 15:17:06 By: Thomas Meyers https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52923 Fri, 21 May 2010 12:56:16 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52923 Hi Steve,

Good point — when buying euros from the bank before heading over, most banks will not sell them to you at the “interbank exchange rate,” which is the rate I mentioned in the piece. (As you mention, they usually charge 2-3% more.)

However, once you get to Europe and take money out of an ATM using a debit card, your home bank should give you the Interbank rate. This is one of the big advantages of using ATMs abroad. However, most American banks also tack on a fee for the withdrawal AND collect a percentage of the amount (usually between 1-3%). For much more on this subject, please see our article on ATM and credit card fees for Americans in Europe.

Thanks,
Tom

]]> 9956 52923 2010-05-21 12:56:16 By: Steve from TravelingProfessor.com https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52920 Fri, 21 May 2010 11:38:09 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52920 Even though the “official” exchange rate is 1.23, the bank won’t sell euros at that rate. They mark them up. For instance, Citibank will charge about 1.30 per euro.

]]> 9956 52920 2010-05-21 11:38:09 By: Erin https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52902 Thu, 20 May 2010 19:20:52 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52902 Awesome tips! Can’t wait to get to Greece and Italy in October for my honeymoon!

]]> 9956 52902 2010-05-20 19:20:52 By: Erika https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52869 Thu, 20 May 2010 00:54:32 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52869 We got amazing deals by pre-purchasing point-to-point rail tix on national rail sites. Paid the equivalent of $105 total for our family of four to travel from Zurich to Milan and $160 to travel from Milan to Speyer, Germany (an 8-hour trip)! Also, a number of European cities have a program that’s similar to Groupon. It’s called CityDeal (can be found on Twitter and Facebook), and — assuming you can read the language — you can find & take advantage of daily bargains on certain restaurants, stores, etc.

]]> 9956 52869 2010-05-20 00:54:32 By: Travelogged https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52868 Thu, 20 May 2010 00:44:51 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52868 I’m really hoping to make it to Europe this summer to take advantage of the strong dollar!

]]> 9956 52868 2010-05-20 00:44:51 By: BeersandBeans https://www.eurocheapo.com/blog/6-ways-americans-heading-to-europe-can-benefit-now-from-the-us-dollar.html#comment-52857 Wed, 19 May 2010 21:50:12 +0000 http://www.eurocheapo.com/blog/?p=9956#comment-52857 This is a great article! I have been watching the Euro for days and currently it’s at $1.23! I am so excited because Europe was the first stop to our RTW and we were thinking we had to cut it extremely short because of the costs – now maybe not!!

I’ve been looking for cheap flights and your reason above makes perfect sense as to why I haven’t been able to find them! Maybe they’ll drop in a month or so if the Euro continues to slide.

]]> 9956 52857 2010-05-19 21:50:12