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There are many factors to consider when planning a vacation, from finding cheap destinations and destination safety to hotel options. But whether you like it or not, there’s one thing that influences your travel decisions more than anything else. It’s money. Resort fees, airline tickets, and life-changing meals add up quickly. So, at the end of the day, we want to prioritize where we have the most purchasing power.
We did a little research to find out which countries have the most advanced USD based on current exchange rates. And while the global economy is fickle, interest rates can change at any time, but certain locations have consistently offered higher returns over the years, and we’re lucky that their interest rates are It should last all the way until 2024.
So without further ado, here are 21 of the best cheap places to travel around the world.
budapest, hungary
Joseph Sun/Unsplash
Hungary
1 USD = 351.21 Forint
Hungary’s strong economy is good news for those planning a trip to Budapest. Budapest’s ever-increasing number of Michelin-starred restaurants and high-tech spas attracts us from all over the world. The city just celebrated its 150th anniversary in November 2023, and there will be even more reasons to visit over the next calendar year, including the newly reopened Chain Bridge and the brand new Hungarian Conservatory. Be sure to book a room at the art deco W Budapest (on a former palace and UNESCO World Heritage street), which opened in July 2023 across from the Hungarian National Opera House.
South Korea
1 USD = 1,301.45 won
While other travelers head to popular destinations like Seoul, Busan, and Jeju Island, we have our sights set on another South Korean city: Mokpo, located in the Jeolla region at the southern tip of the peninsula. This port city has some of the most interesting culinary offerings in the country, with specialties such as hongo (a highly pungent naturally fermented skate dish) attracting food lovers from all over the world.
Mexico
1 USD = 17.22 Mexican Peso
