Apr 1 2008
The euro continues a steep climb vs. the U.S. dollar. It is now at an all-time high of nearly $1.60 per euro as of spring 2008. The past year has seen it continue to escalate, rising from a much lower $1.33 per euro during that time. That means planning a trip to France is even more challenging, but here is some information on tracking the euro vs. dollar and coping financially.
What can a few cents mean? Well, it can add up to a lot if you are planning to visit France. (You can also check the latest euro to dollar conversion rate.
The Euro Dollar Impact
A year ago, a 200 euro/night hotel room in Paris for a week cost $1,862 in U.S. dollars. Today, it will run you $2,185. You just lost $323 in travel cash on one item in your travel budget alone. That's less money on trinkets, museum passes, fashionable clothes or a nice dinner!More importantly, it is an upward trend that does not bode well for U.S. travelers. If the euro keeps getting stronger, that will mean even less money for American tourists in France.
