Well, another way to think about travel occurred to me while I was in Australia. Where an incredible hotel room that costs A$500 is not more like A$300 because of the Exchange rate shifts, so how about going to XE.com and finding out what countries have dropped the most compared with the USD or Euro and then going there. A little Excel munging plus a save as HTML gave me this table and the conclusions comparing exchange rates in USD between 2 July 2008 and 2 December 2008
# Iceland. Man, it is a nice country and the exchange rate is down 47%, so your money buys you nearly double what it did in July. Only problem is that it is winter there 🙂
# Australia and New Zealand are both down 33% or so from their highs, so again, you are getting a good bargain. What was $300 a night is now $200 a night there. And it is sunny
# Brazil. Same deal and a little closer to the US. A great time to get down there at 30% discounts. Chile is down 20% so a little less of a discount
# Nordic region. Norway and Sweden is down 30% quite a bit because of oil, Jon 🙂 A good time to hang out in an ice hotel.
# Poland, Hungary and Czech republic. Supposed to be beautiful countries. A good spot for the spring perhaps.
# Indonesia is down 25% and they have great beaches. Bali baby! And across all of French Polynesia, they are down 20% like the Euro. Even Fiji is down 17%
Other places that are down but still expensive:
# Although still expensive, UK is down 25% and the Euro is down 20%, so at least a little more reasonable.
2-Jul-08 | 2-Dec-08 | ||||||
Symbol | Currency | USD/Curr | USD/Curr | %(Loss) | |||
ISK | Iceland Kronur | 0.0127 | 0.0068 | -46.6% | |||
AUD | Australia Dollars | 0.9632 | 0.6380 | -33.8% | |||
BRL | Brazil Reais | 0.6248 | 0.4262 | -31.8% | |||
NZD | New Zealand Dollars | 0.7614 | 0.5302 | -30.4% | |||
PLN | Poland Zlotych | 0.4735 | 0.3304 | -30.2% | |||
NOK | Norway Kroner | 0.1976 | 0.1407 | -28.8% | |||
HUF | Hungary Forint | 0.0067 | 0.0048 | -28.2% | |||
KRW | South Korea Won | 0.0010 | 0.0007 | -28.1% | |||
SEK | Sweden Kronor | 0.1675 | 0.1206 | -28.0% | |||
ZMK | Zambia Kwacha | 0.0003 | 0.0002 | -26.9% | |||
CZK | Czech Republic Koruny | 0.0666 | 0.0492 | -26.2% | |||
ZAR | South Africa Rand | 0.1276 | 0.0948 | -25.7% | |||
GBP | United Kingdom Pounds | 1.9923 | 1.4918 | -25.1% | |||
IDR | Indonesia Rupiahs | 0.0001 | 0.0001 | -24.7% | |||
MXN | Mexico Pesos | 0.0964 | 0.0731 | -24.2% | |||
RON | Romania New Lei | 0.4365 | 0.3339 | -23.5% | |||
CLP | Chile Pesos | 0.0019 | 0.0015 | -23.1% | |||
TRY | Turkey New Lira | 0.8064 | 0.6233 | -22.7% | |||
COP | Colombia Pesos | 0.0006 | 0.0004 | -21.6% | |||
SKK | Slovakia Koruny | 0.0524 | 0.0416 | -20.5% | |||
BGN | Bulgaria Leva | 0.8114 | 0.6457 | -20.4% | |||
XPF | Comptoirs Français du | 0.0133 | 0.0106 | -20.4% | |||
EUR | Euro | 1.5865 | 1.2628 | -20.4% | |||
EEK | Estonia Krooni | 0.1014 | 0.0807 | -20.4% | |||
XOF | CFA BCEAO Francs | 0.0024 | 0.0019 | -20.4% | |||
XAF | CFA BEAC Francs | 0.0024 | 0.0019 | -20.4% | |||
DKK | Denmark Kroner | 0.2129 | 0.1696 | -20.3% | |||
ALL | Albania Leke | 0.0130 | 0.0104 | -19.5% | |||
HRK | Croatia Kuna | 0.2194 | 0.1769 | -19.4% | |||
CAD | Canada Dollars | 0.9873 | 0.8036 | -18.6% | |||
ILS | Israel New Shekels | 0.3060 | 0.2499 | -18.3% | |||
KES | Kenya Shillings | 0.0153 | 0.0126 | -18.0% | |||
FJD | Fiji Dollars | 0.6682 | 0.5488 | -17.9% | |||
XAU | Gold Ounces | 942.6901 | 774.6301 | -17.8% | |||
MAD | Morocco Dirhams | 0.1382 | 0.1143 | -17.3% | |||
TND | Tunisia Dinars | 0.8628 | 0.7141 | -17.2% | |||
RUB | Russia Rubles | 0.0428 | 0.0356 | -16.7% | |||
CHF | Switzerland Francs | 0.9853 | 0.8302 | -15.7% | |||
MUR | Mauritius Rupees | 0.0369 | 0.0314 | -14.9% | |||
INR | India Rupees | 0.0232 | 0.0200 | -13.7% | |||
PKR | Pakistan Rupees | 0.0145 | 0.0128 | -12.1% | |||
DZD | Algeria Dinars | 0.0162 | 0.0143 | -11.7% | |||
SGD | Singapore Dollars | 0.7369 | 0.6544 | -11.2% | |||
ARS | Argentina Pesos | 0.3310 | 0.2957 | -10.7% | |||
MYR | Malaysia Ringgits | 0.3054 | 0.2754 | -9.8% | |||
XDR | IMF Special Drawing Ri | 1.6441 | 1.4890 | -9.4% | |||
TWD | Taiwan New Dollars | 0.0329 | 0.0299 | -9.3% | |||
PHP | Philippines Pesos | 0.0222 | 0.0201 | -9.2% | |||
IRR | Iran Rials | 0.0001 | 0.0001 | -9.1% | |||
CRC | Costa Rica Colones | 0.0019 | 0.0018 | -6.8% | |||
THB | Thailand Baht | 0.0299 | 0.0280 | -6.6% | |||
SDG | Sudan Pounds | 0.4841 | 0.4523 | -6.6% | |||
PEN | Peru Nuevos Soles | 0.3379 | 0.3218 | -4.8% | |||
DOP | Dominican Republic Pes | 0.0293 | 0.0281 | -4.0% | |||
EGP | Egypt Pounds | 0.1876 | 0.1807 | -3.7% | |||
KWD | Kuwait Dinars | 3.7752 | 3.6386 | -3.6% | |||
AFN | Afghanistan Afghanis | 0.0217 | 0.0212 | -2.6% | |||
TTD | Trinidad and Tobago Do | 0.1646 | 0.1606 | -2.4% | |||
LKR | Sri Lanka Rupees | 0.0093 | 0.0091 | -2.1% | |||
VND | Vietnam Dong | 0.0001 | 0.0001 | -1.4% | |||
JMD | Jamaica Dollars | 0.0140 | 0.0139 | -1.0% | |||
CNY | China Yuan Renminbi | 0.1459 | 0.1452 | -0.5% | |||
BDT | Bangladesh Taka | 0.0146 | 0.0145 | -0.4% | |||
XCD | East Caribbean Dollars | 0.3745 | 0.3744 | -0.0% | |||
JOD | Jordan Dinars | 1.4124 | 1.4123 | -0.0% | |||
BSD | Bahamas Dollars | 1.0000 | 1.0000 | 0.0% | |||
BBD | Barbados Dollars | 0.5013 | 0.5013 | 0.0% | |||
BMD | Bermuda Dollars | 1.0000 | 1.0000 | 0.0% | |||
USD | United States Dollars | 1.0000 | 1.0000 | 0.0% | |||
VEF | Venezuela Bolivares Fu | 0.4657 | 0.4657 | 0.0% | |||
QAR | Qatar Riyals | 0.2747 | 0.2747 | 0.0% | |||
AED | United Arab Emirates D | 0.2722 | 0.2723 | 0.0% | |||
OMR | Oman Rials | 2.5974 | 2.5977 | 0.0% | |||
BHD | Bahrain Dinars | 2.6524 | 2.6529 | 0.0% | |||
SAR | Saudi Arabia Riyals | 0.2667 | 0.2670 | 0.1% | |||
LBP | Lebanon Pounds | 0.0007 | 0.0007 | 0.5% | |||
HKD | Hong Kong Dollars | 0.1282 | 0.1290 | 0.6% | |||
IQD | Iraq Dinars | 0.0008 | 0.0009 | 2.1% | |||
JPY | Japan Yen | 0.0094 | 0.0107 | 13.1% |