The value of the euro relative to the U.S. dollar has sunk near a two-decade low — and that’s good news for Americans traveling to Europe this summer.
A favorable exchange rate means travelers’ dollars will go further when making purchases abroad.
“Right now, your money goes further in Europe than it has in quite a few years, and it’s a great time to have that dream trip you’ve been putting off to Italy, France or Spain,” said Kate McCulley, a travel writer who lives in the Czech Republic and publisher of travel site AdventurousKate.com.
Parity approach ‘is like getting a 15% discount’
Not all European countries use the euro — it’s the official currency for 19 out of 27 European Union members.
Those countries are: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and…