For budget-conscious travelers, especially those feeling the pinch of rising domestic prices, the dream of international adventures might seem distant. However, 2024 presents a unique opportunity to explore the world without breaking the bank. Thanks to favorable currency exchange rates, particularly the strong US dollar against various global currencies, numerous destinations are now surprisingly affordable. Forget the notion that international travel is exclusively for the wealthy; this year, it’s within reach for savvy travelers seeking value and rich experiences.
While popular budget destinations like India, Mexico, and Bali remain attractive, the landscape of affordable travel has expanded significantly. The dollar’s surge against currencies like the Argentine Peso, Japanese Yen, and South African Rand opens up a world of possibilities. Even as travel within the US becomes increasingly expensive – with restaurant meals and entertainment costs notably higher than pre-pandemic levels – international adventures offer a compelling alternative. Some reports even suggest that America is becoming one of the most expensive holiday destinations globally.
Although airfares to certain regions like Asia and Africa might be slightly elevated, strategic booking and choosing budget-friendly airlines can still yield great deals. The real savings kick in once you arrive at your destination. Imagine exploring vibrant cities, indulging in delicious local cuisine, and experiencing breathtaking landscapes, all while your dollar stretches further than ever before.
Based on recent travels and currency trends, here are some of the top countries where your dollar will go a long way in 2024, offering incredible experiences without emptying your wallet.
Argentina
Exchange rate: $1 = 927 Argentine pesos
One year ago: $1 = 271 Argentine pesos
The snow-covered peak of Fitz Roy at sunrise in Argentina
Argentina’s current economic situation, marked by soaring inflation, presents a silver lining for international visitors. While challenging for locals, it translates to exceptional value for travelers with US dollars. A trip to Argentina in 2024 promises to be significantly more affordable than in previous years.
Patagonia, a hiker’s paradise, becomes especially appealing. In El Chaltén, the gateway to stunning trails and the iconic Mount Fitz Roy, you can indulge in hearty meals and fine Argentine wine without guilt. Imagine sharing a delicious steak dinner and a bottle of Malbec at a local “parrilla” for a fraction of what it would cost back home. Accommodation options range from cozy hostels to charming hotels like Senderos Hostería, offering comfortable stays with breathtaking views of Fitz Roy and complimentary breakfasts, all at reasonable prices. For adventure seekers, Chaltén Mountain Guides provides expert-led climbing and trekking expeditions in Los Glaciares National Park, allowing you to explore the majestic Patagonian landscapes with professional guidance.
Northern Argentina’s Ibera wetlands are one of the world’s best wildlife-watching destinations. It supports everything from the capybara and jacana (on its back) to more than 300 species of birds).
Beyond Patagonia, explore the northeastern Iberá National Park, a haven for wildlife enthusiasts. This vast wetland ecosystem, revitalized through conservation efforts, is home to diverse species like jaguars, capybaras, and hundreds of bird species. Stay at El Transito hotel within the park for an immersive experience, with opportunities for horseback riding, kayaking, and wildlife spotting tours. Argentina offers a rich tapestry of adventures, from mountain hikes to wildlife encounters, all exceptionally affordable in 2024.
Japan
Exchange rate: $1 = 153 Japanese yen
One year ago: $1 = 141 Japanese yen
The Unesco-protected moss forest of Yakushima
Japan, renowned for its unique culture, stunning landscapes, and vibrant cities, is experiencing a surge in affordability for US travelers. The favorable exchange rate makes exploring this fascinating country more accessible than ever.
Venture beyond the bustling metropolis of Tokyo and discover Japan’s natural beauty. Yakushima, a UNESCO World Heritage subtropical island, offers an incredible outdoor escape. Accessible by ferry from Kagoshima, Yakushima boasts ancient cedar forests, moss-covered landscapes, and serene rivers perfect for paddling. Explore the island’s trails, kayak along the Anbo River with operators like Green Mount, and hike through the mystical Shiratani Unsuikyo Ravine. For panoramic views, consider a guided trek to Kuromidake mountain with Yakushima Experience.
A man and a woman ply the green waters of the Anbo River, in Yakushima, Japan, atop their stand-up paddleboards.
Accommodation options on Yakushima range from guesthouses to local inns, offering authentic Japanese hospitality. Don’t miss the Hirauchi Kaichu Onsen, a unique hot spring experience accessible during low tide. Even dining in Japan can be budget-friendly; enjoy delicious and affordable meals like onigiri and local beers. Japan’s blend of culture, nature, and now, affordability, makes it a top destination for 2024.
Canada
Exchange rate: $1 = 1.37 Canadian dollars
One year ago: $1 = 1.31 Canadian dollars
A mama black bear, a black bear cub, and a white spirit bear cub in British Columbia’s Great Bear Rainforest
For Americans seeking international adventure closer to home, Canada offers vast wilderness, stunning national parks, and vibrant cities, all made more appealing by the favorable exchange rate.
While gas prices in Canada might be higher, consider focusing on specific regions and experiences to maximize your budget. British Columbia’s Great Bear Rainforest, a temperate coastal rainforest teeming with wildlife, is a prime example. Skip the extensive road trip and head to Shearwater Resort, an eco-retreat owned by the Heiltsuk Nation. Accessible by ferry, Shearwater Resort provides various accommodation options, from campsites to lodge rooms, and offers incredible wildlife viewing opportunities, including grizzly bears, spirit bears, and whales. Enjoy salmon fishing, cultural tours, and kayaking in this pristine environment.
A woman stand-up-paddleboards the islet-filled bay in front of British Columbia’s Shearwater Resort.
In Eastern Canada, Montreal offers a blend of urban excitement and natural escapes. Explore Boucherville Islands National Park, easily accessible from downtown Montreal, with trails for hiking and waterways for kayaking and paddleboarding. Camping options within the park further enhance the budget-friendly appeal. Canada’s diverse landscapes and outdoor activities, combined with its proximity and favorable exchange rate, make it an attractive and affordable international destination.
South Africa
Exchange rate: $1 = 18.32 South African rand
One year ago: $1 = 17.74 South African rand
Two hikers rambling along a trail with views of Table Mountain and the 12 Apostles viewed from Lion
South Africa, often associated with safaris, offers a much broader range of experiences, especially in the vibrant city of Cape Town. This coastal gem, reminiscent of San Francisco but more affordable, boasts stunning beaches, hiking trails, and nearby wine regions.
Direct flights to Cape Town are becoming more accessible, making it easier to reach this exciting destination. Once there, the strong dollar unlocks incredible value. Explore iconic Table Mountain, hike Lion’s Head for panoramic views, and relax on beautiful beaches like Muizenberg. Accommodation options cater to various budgets, from guesthouses like Noah House, offering comfortable stays and breakfast, to more budget-friendly options.
Colorful changing houses line South Africa’s Muizenberg Beach, near Cape Town, while kitesurfers play in the surf.
Adventure activities abound, from snorkeling in kelp forests to surfing at Muizenberg Beach. Venture beyond Cape Town to the Garden Route, a scenic coastal highway offering spectacular whale watching opportunities and access to nature reserves like De Hoop, where you can spot whales, zebras, and ostriches. South Africa’s blend of adventure, culture, and natural beauty, combined with its affordability, makes it a compelling travel destination in 2024.
Romania
Exchange rate: $1 = 4.58 Romanian lei
One year ago: $1 = 4.43 Romanian lei
A woman rides her mountain bike on a trail along a massively steep hillside in central Romania near Mount Omu.
Romania, often overlooked in European travel itineraries, is a hidden gem offering rich history, stunning landscapes, and remarkable affordability. While other European countries grapple with overtourism, Romania provides a more authentic and budget-friendly experience.
Explore Bucharest, the capital city, and indulge in its vibrant culinary scene without straining your wallet. Fine dining experiences are surprisingly affordable, allowing you to savor Romanian cuisine and local wines at exceptional value. Transylvania, ringed by the Carpathian Mountains, is a haven for outdoor enthusiasts. Discover extensive mountain biking trails connecting Saxon villages, offering a unique way to explore the region’s cultural and natural heritage.
An aerial view of Mesendorf, a traditional saxon village in Transylvania, Romania, with a fortified church at its center.
Base yourself in villages like Viscri or Mesendorf, offering charming guesthouses and easy access to trails. Rent bikes and explore the countryside, or hike through forests rich in birdlife. Romania’s unique blend of culture, history, and outdoor adventure, coupled with its exceptional affordability, makes it a must-visit destination before it potentially adopts the Euro in the coming years, which may impact prices.
Australia
Exchange rate: $1 = 1.51 Australian dollars
One year ago: $1 = 1.47 Australian dollars
A woman sits on a blanket overlooking the Babinda boulders swimming pools near Cairns, Queensland.
Australia, known for its iconic landscapes and laid-back lifestyle, is becoming more accessible to budget-conscious travelers, especially with new flight routes opening up. Keep an eye out for deals as airlines introduce new services to cities like Brisbane.
Queensland, in northeastern Australia, serves as an ideal starting point to explore the Gold Coast’s beaches and the bohemian charm of Byron Bay. Byron Bay offers a range of accommodation, from revamped motels like The Sunseeker to unique farm stays like Sun Ranch in the hinterland. Enjoy surfing, hang gliding over Cape Byron, and exploring the waterfalls and glow-worm caves of Nightcap National Park.
A girl pops up on her surfboard off the shores of Melbourne, Australia, while her teacher does a cheer from behind the wave.
Byron Bay’s surf culture and natural beauty are complemented by a vibrant food scene. Indulge in flat whites at local cafes and savor delicious sourdough pizzas and creative pastries. Australia, with its blend of adventure, beach culture, and increasing affordability, is an exciting destination to consider in 2024.
Portugal
Exchange rate: $1 = 0.92 Euro
One year ago: $1 = 0.89 Euro
The red-roofed homes and cathedral in the historic Alfama district of Lisbon, Portugal.
While still within the Eurozone, Portugal stands out as a significantly more affordable option compared to other Western European countries like Spain, France, and Italy. Portugal offers stunning beaches, scenic hiking trails like the Rota Vicentina, and cycling routes along the dramatic coast and through picturesque wine regions.
Explore vibrant cities like Lisbon and Porto, easily connected by Portugal’s efficient and affordable rail system. Car rentals are also comparatively cheaper than in many other European destinations. Portugal’s Silver Coast is a surfer’s paradise, with charming towns like Santa Cruz offering excellent surf breaks and budget-friendly accommodations like Noah Surf House, combining surf schools, skate parks, and delicious seafood restaurants.
The author stops her bike ride in Romania to pose in front of a house where a muster of storks has constructed a large nest atop a building.
Enjoy fresh seafood and local wines at affordable prices, especially in coastal towns. Portugal’s blend of European charm, outdoor adventures, and budget-friendliness makes it an ideal destination for travelers seeking value without compromising on experience.
Conclusion:
In 2024, the dream of international travel is more attainable than ever. By leveraging the strength of the US dollar and choosing destinations where your money stretches further, you can embark on incredible adventures without overspending. From the dramatic landscapes of Argentina and Canada to the cultural richness of Japan and Romania, and the coastal beauty of South Africa, Australia, and Portugal, these countries offer a diverse range of experiences for every traveler. Start planning your affordable international escape and discover the world without breaking the bank.
