Falling Euro Nice For Fall Journey

What had been you as much as throughout the summer time of 2002?

Cruising round within the automobile, singing alongside to “A Thousand Miles” by Vanessa Carlton?

Chuckling like I used to be as your pal confirmed you their clunky, just-released digital camera cellphone, pondering “effectively, that’ll by no means catch on”?

Or had been you over in Europe, sipping a really inexpensive Aperol Spritz within the solar, basking within the reality the greenback was having fun with an exceptionally sturdy change price towards the model new euro?

For those who had been, you had been blissfully unaware that the greenback’s worth towards the euro was going to fall—and fall arduous—finally bottoming out within the spring of 2008, when one USD was equal to solely roughly 62 euro cents. Whereas the change price has been far more favorable lately, the greenback by no means gained parity with the euro.

Till now.


euro bank note currency
Euro financial institution notes. (Picture by way of Grafner /iStock / Getty Photographs Plus)

Yep, it’s time to mud off your low-rise denims and make a hair appointment for some frosted ideas, as a result of, for the primary time because the summer time of ‘02, the US greenback is now roughly equal to 1 euro.

(In late August, the greenback was really value greater than the euro and on the time of writing is the same as 99 euro cents, however for the final month or so, it has primarily been hovering at 1:1 day by day.)

Why has it occurred? A really sophisticated brew of issues having to do with rates of interest, inflation and the battle in Ukraine and different random elements.

What it means although is Europe is now as pleasant to the pockets because it’s been in 20 years.

Consider it this fashion: if a pair headed to Europe for a 10-day journey within the 2010s when the greenback was sitting at a price of 80 euro cents (a lot better than 2008, however nowhere close to the 1:1 we’ve at this time), and after their flight bills, they budgeted an inexpensive 400 euros per day for motels, sightseeing and meals, that will have price them $5,000.

At this time, that will solely price you $4,000.

Oh, and the identical common factor applies within the UK too, the place the greenback not too long ago hit its highest worth towards the pound since 1985.

After all, there was some inflation on each side of the Atlantic, however the primary takeaway is that Europe is basically on sale proper and since autumn is arguably the most effective time to be right here, the large query is … what are you ready for?

For those who want an excuse to name your journey advisor, how about these:


Stuttgart, Germany, Festival, Cannstatter Volksfest
Cannstatter Volksfest in Stuttgart, Gerrmany. (Picture by Scott Hartbeck)

The Fests Are Lastly Again

After a three-year hiatus, Oktoberfest returns to Munich (September 17-October 4) whereas Cannstatter Volksfest is again in Stuttgart (September 23-October 9). They’re each a lot extra than simply beer-drinking bacchanalias, with conventional meals, music and costume simply as ingrained of their identities as elevating a stein. That is to say nothing of the numerous foodie-heaven harvest festivals devoted to truffles, olive oil, chestnuts, wine, oysters and the whole lot in between occurring as soon as once more this yr.

The Med’ Is Nonetheless Magnificent

The temperatures are idyllic and the water is heat by September and sometimes effectively into mid-to-late October in coastal Spain, France, Italy, Croatia and Greece. The summer time crowds have mentioned goodbye, which makes this the best time to absorb the sunshine and good life within the dreamy cities and islands positioned on the Mediterranean Sea.

Europe Has Pretty Leaves, Too

North America does not personal unique rights to implausible fall foliage, as yow will discover nice leaf-peeping places all around the continent. Thought these castles seemed romantic earlier than? Wait till you see them surrounded by streaks of orange and purple. Or how a couple of hand-in-hand stroll by Paris or Prague with a espresso in your hand as leaves crunch beneath your ft all whereas gazing out over a skyline splashed with colour?


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