Let’s face it: one of the most prevalent concerns many people have when planning a holiday is the cost. Plane tickets, resort fees, life-changing dinners, and even souvenirs may quickly add up. As a result, the bottom line remains the bottom line.
We must prioritize locations where we can get the most bang for our dollars. This article focuses on countries where the US dollar gives the most purchasing power. (Readers from other nations can do the math using their own national currency. In fact, if your currency has greater purchasing power than the US dollar, you’ll be better off than Americans visiting these locations!)
While the global economy swings and interest rates might alter at any time, there are vacation places that continuously provide significant value. That, hopefully, will not alter in 2023. Without further ado, here are 10 of the most affordable destinations to visit in 2023.
10 of the Most Affordable Places to Visit in 2023
Hungary
One US dollar equals 371.08 Hungarian forints.
Make plans to visit Budapest, Hungary. There are many high-tech spas and Michelin-starred restaurants here, as well as a number of five-star hotels with three-star pricing. If you want to splurge on something more luxurious, stay at the wonderful Four Seasons Hotel Gresham Palace Budapest. It is described as a “old-world property” with white stucco, stained glass, and gleaming chandeliers. Some regard Budapest as the continent’s hedonistic capital.
2. South Korea
1 US Dollar equals 1,244.37 South Korean Won in
While many travelers book flights to renowned destinations such as Busan, Seoul, and even Jeju Island, travel experts recommend that you consider visiting the lesser-known city of Mokpo, which is located in the country’s Jeolla region on the country’s peninsula’s southern point. This notable port city provides travelers with some of South Korea’s most intriguing cuisine. Indeed, hongeo, a particularly fragrant, naturally fermented skate-fish dish, attracts cuisine connoisseurs from all over the world.
3. Mexico
1 US dollar is equivalent to 19.05 Mexican pesos.
It should come as no surprise that Mexico is always a fantastic place to visit on a budget. Only Mexico City’s trendy restaurant scene rivals its amazing street food culture. You’ll be spending your money on food if you’re a gourmet!
Still, make aside some time to see some cultural gems. Begin your tour in the renowned Museo Jumex. Consider visiting Jalisco to see authentic tequila being distilled or to relax on the beach at Isla Holbox.
4. Argentina
1 US dollar equals 180.38 pesos in Argentina.
The Argentine peso has lately reached a new low versus the US dollar. Furthermore, US citizens have been exempt from the infamous $160 “reciprocity fee” for several years. The Argentine government also determined in 2016 that visitors would be able to seek for a complete refund on the dreaded “21 percent value-added tax” that is levied when you are billed. Veteran tourists recommend splurging on a steak meal and a bottle of powerful Malbec.
5. Vietnam
1 US dollar equals 23,447.00 Vietnamese dong in Vietnam
As this issue goes to print, there are several Southeast Asian countries that offer outstanding chances; yet, Vietnam comes out on top. Vietnam is said to have a favorable exchange rate and to be surprisingly lovely. Some consider Hanoi to be the “most romantic city” in the world, but visitors are encouraged to venture off the main path as well. Both Ph Quc Island and Ninh Van Bay have intimate resorts and unspoiled beaches that you won’t find in more popular regions.
6. Brazil
1 US dollar equals 5.20 Brazilian real in Brazil
If you want to travel without breaking the bank, there are several options in South America, but Brazil provides better value than others. Yes, if you’ve never gone, you should go to Rio de Janeiro. Experienced tourists recommend renting a hotel at The Emiliano, a 2018 Hot List winner.
It’s close to some of the world’s top beaches. But don’t overlook So Paulo. It has a plethora of interesting museums, stylish galleries, and great bars.
7. South Africa
1 US dollar is equal to 16.99 South African Rand.
Travelers are generally pleased with the current value of the South African rand. The “foodie” favorite 21-course tasting menu at Cape Town’s Test Kitchen will stretch your bucks. The stunning Singita Castleton Lodge, hidden deep within the Sabi Sand game reserve, is another must-see. Visit Kruger National Park and, if you love adult beverages, try some of the region’s critically recognized wines.
8. Sri Lanka
1 US Dollar = 362 Sri Lankan Rupees
Over the last decade or two, exchange rates have gotten even more beneficial. As a result, it appears that now is a perfect moment to visit this unique Indian Ocean island nation. In one day, you can see Buddhist monasteries, elephant sanctuaries, gorgeous beaches, and green, leafy tea farms. In April, you may enjoy the Hindu and Buddhist new year festivals, which include whip dances, fire dances, adorned elephants, and more!
9. Costa Rica
1 US dollar equals 578.35 Costa Rican colones.
Although the Costa Rican colón is thought to have depreciated slightly, things appear to be looking well for travelers in general. However, this location is always a winner because its perhaps finest advantage is its natural beauty, which visitors can enjoy for free. Hike through the spectacular tropical cloud forests tucked in Alajuela’s enormous mountains, or go surfing off the beautiful coast of popular Peninsula Papagayo. The accommodations are very excellent.
10. Colombia
1 US dollar is equal to 4,730 Colombian pesos.
Colombia is another excellent South American vacation location that is relatively inexpensive. According to several travel blogs, it is “a microcosm of the continent’s best features.” It has Amazonian jungles, Andean peaks, and sunny, sandy beaches within its borders. Furthermore, the country’s largest cities are said to be experiencing a real rebirth in art, food, and even technology, while remaining affordable. Visit the Zipaquira Salt Cathedral and Tayrona National Park.
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