Monday, July 4, 2016

European Traveler to North America - Choose Canada for Better Exchange Rates

Bow Lake by Gary on Flick
Canada and the USA are very different countries geographically and climatically. If you are looking for fluffy white sand beaches in a blazing hot sun, then the USA will offer that much more than Canada. However, Canada has many highlights too, one of which is a less urbanized settlement pattern which creates relatively quiet resort towns like Tofino, Squamish, and Jasper.

But the main reason to visit Canada in 2016 is simply the weak Canadian dollar. At time of writing 1000 Euros bought $1112.94 USD according to xe.com (July 4th). Conversely 1000 Euros equated to $1432.59 CAD. If you are paying the same number in terms of absolute value, then the Canadian price will be much cheaper when it comes to settling your credit card bill at vacation's end.

For example, an $8000 family vacation in Canada will cost you about $5581 Euros according to prevailing exchange rates (subject to change). Conversely an $8000 vacation in the USA will cost you $7188. How about visiting Canada this year and visiting the USA at another time, when maybe the exchange rates will be more in your interest to go there?

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