Five places to visit while the dollar is stronger

Personal Finance

Dollar advantage: $1 currently buys 19 Mexican pesos, up 5 percent from last year and about twice as much as a decade ago, according to

Airfare: The average round-trip flight price is $377, down from $381 last year, according to

Because of the warm weather, cheap flights and close proximity, Mexico remains an especially popular destination for American travelers, particularly for “snow birds” who head south between December and April, according to Pauline Frommer, the editorial director at Frommer’s.

These days, a favorable exchange rate is the cherry on top.

“The exchange rate between the U.S. dollar and the Mexican peso right now makes Mexico a tremendous bargain for expats funding their retirement or travel with dollars,” said Dan Prescher, the senior editor at International Living who lives near Lake Chapala, Mexico.

“Grocery prices are low, and so are restaurant prices. My wife and I use that as justification to dine out often — almost every meal.”

Source link

Products You May Like

Articles You May Like

CNBC’s coverage of Barack Obama’s inauguration
Billionaire Mario Gabelli says investors should ‘put a bet on’ MGM Resorts
Fair value for stocks is 50% lower
VF Corp shares up on outlook, but shutdown may delay spinoff plans
There’s ‘incredible value’ in the stock market right now

Leave a Reply

Your email address will not be published. Required fields are marked *