What is the Exchange Rate for My Escape?
16 Apr
Many of our travelers are interested in knowing how far their dollar will go in the countries we visit. After all, in order to experience the local culture of your destination, you need to get out in it and experience the people, the food, the shopping, the bartering, all of it!
Obviously much can change between the time this was written and the date when you actually leave for one of our retreats. That’s why we’ve provided an overview of the past 12 months. For a great online exchange rate resource, we suggest the Oanda exchange rate calculator.
Angkor Wat, Cambodia (riel): While the riel is the official currency of the country, due to a flood of U.S. dollars into the economy during a 1993 U.N. peace keeping mission, American money is the common currency of commerce. Riels are used for fractions of dollars since U.S. coins are not in circulation. The exchange rate for today is 3973 riel per dollar, which is a bit low as the rate was between 4000 and 4100 for most of the past 12 months.
Bali, Indonesia (rupiah): Since November, the rupiah has been north of 8900 and it keeps heading up. At 9132, it’s currently at its highest point from over the past year.
Careyes, Mexico (peso): You’ll get 13.06 pesos for every $1. Since September 2011, the rate has fluctuated between 12.51 and 14.02 pesos.
Cartagena, Colombia (peso): The folks who Escaped with us to Cartagena last October were in Colombia at the best time for the exchange as the rate peaked at 1933 pesos in October. The rate has dropped since then and is down to 1771 pesos today. Most of the past year, the rate has fluctuated between 1750 and 1800 pesos.
Dubrovnik, Croatia (kuna): Although in Europe, Croatia is not on the Euro currency system (yet). Today, you can get 5.69 kuna for your dollar. The best exchange was right after the new year with a 5.91 to 1.00 rate; it had been as low as 5.00 to 1.00 in mid-2011.
Halong Bay & Hanoi, Vietnam (dong): Since September, the dong has been trading at between 20,600 and 20,900 per dollar. It currently sits at 20,772.
Istanbul, Turkey (lira): Since August, the lira to dollar rate has fallen between 1.70 and 1.90. Today, it’s right in the middle at 1.80 lira.
Lake Atitlan, Guatemala (quetzal): Since last June, travelers have been able to get between 7.60 and 7.72 quetzales for an American greenback. However, in the last month or so, the rate has dipped to 7.56. Let’s hope it bounces back before our yoga retreat and boot camp in November.
Luang Prabang, Laos (kip): Currently exchanging at 7923 kip, this is about the mid-point of the average rate for the past year, although both August and November saw dips of the kip into the lower 7800s.
Marrakech, Morocco (dirham): The exchange rate stands at 8.45 Moroccan dirhams for one U.S. dollar (the banks won’t haggle, but the bazaar shop owners will). For the most part, the exchange has been climbing with a low of 7.81 in September and a peak of 8.62 in January.
Puglia, Italy (euro): Currently at 0.76 euros per dollar, the exchange rate has wavered between 0.75 and 0.79 since the start of 2012, with a low of 0.68 euros per dollar last May.
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