As summer with approach, Americans despite the recession would be looking out to take a vacation outside US Borders. Most of them would be heading toward continental Europe. Exchange rates movements can make you crazy during those trips. The declining value of dollar has turned the world’s richest nation into budget travelers. Here are some facts that will make sure that there are less surprises in your next vacation to Europe.
History of Euro Vs USD exchange rates
- Trading in Euro began as an accounting currency at the beginning of 1999, but paper currency was not available until the beginning of 2002.
- The opening trades of the euro in January 1999 were at $1.1747, and by December 3 that year the euro had fallen to 1/1 (even) with the US dollar.
- On October 26, 2000, the euro had fallen to its all-time low at $0.8252.
- On June 28, 2002, the euro climbed back to even with the dollar.
- On April 22, 2008, the euro briefly rises above $1.60, its all-time high to date.
British Pound Swings Wildly against US Dollar
- On November 6, 1980, the British pound hit a recent high of $2.446
- A bit more than 4 years later, in February 1985, the GBP had fallen to $1.05.
- On November 7, 2007, the GBP climbed back over $2.11, which is its recent high.
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If you love adventure travel and do not care much about travel warnings issued by US and other governments, Cambodia should be your next destination. Cambodia is situated in South East Asia, between Vietnam and Thailand. Phnom Penh is Cambodia’s capital in every sense of the word. The city is so rich in culture and tourist attractions that it can keep you busy for more than a week.
But if you have only a weekend to spare, we recommend that you should take a early flight to Phnom Penh in on Friday afternoon and enjoy Saturday and Sunday packaged tours of the city and then take a late night flight on Sunday night back to home. This way you will enjoy a great weekend tour of the city.
If you are have only one place to visit in Phnom Penh, It has to be the Royal Palace. It is a complex of buildings constructed a century ago for King of Cambodia. It was also a venue of his court and a symbol of his kingdom. The Royal Palace and attached ‘Silver Pagoda’ compound has several buildings, structures and gardens that are all located within 800 meter square walled grounds. The Compound also overlooks a riverfront park. [click to continue…]
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