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Sites and Signs: Value of the American Dollar overseas

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Where is the dollar going to take you far? Trippy did a little digging on current currency exchange rates and the price of things like taxi rides, hotel rooms, and cold beers to find out.

When it comes to the finances of world travel, not all locations are created equal. If you head to London or the Swiss Alps with a couple thousand American dollars in your pocket, it won’t go far.

The good news is that the opposite is also true. There are places around the globe where the American dollar is strong, and that poolside lounger, fancy drink, and Instagram-worthy view will cost you less than a nice meal out at home.

So where is the dollar going to take you far? Trippy did a little digging on current currency exchange rates and the price of things like taxi rides, hotel rooms, and cold beers to find out.

The Ukraine holds the top spot for traveling on a shoestring budget, though carrying some serious travel advisories.

Saudi Arabia is in the top 10 for traveling on the cheap. The total average daily costs are about $114. But sorry ladies, women aren’t allowed to travel there alone, so if you want to go, you’ll have to bring a male companion.

Requiring less caution, but still offering a lot of bang for your buck are Thailand, Malaysia, Russia, and Mexico. And if you’re dying to get to Europe? Poland, Hungary, and Turkey are your best financial bets overall.

A room for the night is something we all need. And it’s often one of the most costly parts of tourism. That’s why these cheap sleeps are cooler than the cold side of the pillow. So which countries have the best average price for a double room with bathroom at a midrange hotel? Ukraine, Russia, Macau, Thailand, Malaysia, and Poland are leading the pack; the Ukraine ranks almost 50 percent less than any other option. 

Countries with the cheapest taxi rides include Ukraine, Thailand, Russia, China, and Singapore. And Europe fans will be happy to hear that Greece, Croatia, and Hungary all feature affordable, midrange rides.

On the other end of the spectrum, Japan takes the cake for expensiveness. A sweet ride there will cost you an average $4.92 per mile. So dust off your walking shoes if you’re looking to save money there.

When it comes to eating out, the usual suspects lead the affordability pack. Malaysia, Ukraine, Thailand, and China all come in at or below $20 on average for dinner for two at a midrange restaurant.

The not-so-cheap list is unsurprising as well. The U.K., Netherlands, Austria, France, and Italy are the most likely to flatten your wallet with meals in the $50-plus range.

Cheap meals for a single person at a low-budget place in Thailand average $1.56. Malaysia will keep you under $2. China comes in at just $3.05 and Mexico at $4.39.

As usual, Ukraine ranks high for affordability; a domestic beer costs just 54 cents.

Surprisingly, Saudi Arabia is second on the list, at just 80 cents per beer, though be careful with this one, folks, as it’s illegal to drink in the kingdom.

In a more middle range, Croatia ($2.11 for a beer), Spain ($2.27), and Malaysia ($2.47) are also decidedly affordable. And the most expensive place to grab a brew? Singapore, where it’ll cost you a whopping $5.91.

If you’re not into the local brewery scene, imported beers don’t have to break the bank either. In Ukraine, Hungary, Saudi Arabia, and Poland, you’ll find them for under $2 each. Midrange options include Germany ($3.40), Malaysia ($3.45), and Turkey ($3.45).

And the bank-breakers? Singapore ($6.65), France ($5.11), and Austria ($5.92).

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