Currency Exchange Rate
 

As I was planning for my European vacation this summer with my wife, we
discovered that we would save almost a thousand dollars for not going to
countries using Euro. The reason: our pathetically weak dollar!

I wonder if European countries who are using Euro would see a drop in
tourists from the States?

Re: Currency Exchange Rate
 

I am Canadian and our dollar is weak but I am going to Europe and would
not use currency as an excuse if I really wanted to go somewhere


"Bob K." <[email protected]> wrote in message
news:[email protected]...
> As I was planning for my European vacation this summer with my wife, we
> discovered that we would save almost a thousand dollars for not going to
> countries using Euro. The reason: our pathetically weak dollar!
>
> I wonder if European countries who are using Euro would see a drop in
> tourists from the States?

Re: Currency Exchange Rate
 

On 10 May 2004 18:35:00 -0500, "Bob K." <[email protected]> wrote:

    >As I was planning for my European vacation this summer with my wife, we
    >discovered that we would save almost a thousand dollars for not going to
    >countries using Euro. The reason: our pathetically weak dollar!

Is that the reason, indeed?

So going to Denmark, Sweden and the UK will come out cheaper than
going to Greece, Spain and Portugal?

Or possibly you meant Czech Republic, Slovakia, Slovenia are
cheaper than Germany, France and Italy?

Stelios

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The address in the headers is real and does not need de-mungeing

Re: Currency Exchange Rate
 

So, are you going to Great Britian, or Switzerland, or Russia? Or for
a great supersaver, Sweden and Norway.

On 10 May 2004 18:35:00 -0500, "Bob K." <[email protected]> wrote:

    >As I was planning for my European vacation this summer with my wife, we
    >discovered that we would save almost a thousand dollars for not going to
    >countries using Euro. The reason: our pathetically weak dollar!
    >I wonder if European countries who are using Euro would see a drop in
    >tourists from the States?

Re: Currency Exchange Rate
 

"Bob K." <[email protected]> wrote in message news:<[email protected]>...
    > As I was planning for my European vacation this summer with my wife, we
    > discovered that we would save almost a thousand dollars for not going to
    > countries using Euro. The reason: our pathetically weak dollar!

Looking at the dollar pan Europe exchange rates, the devaluation of
the dollar is not exclusive to the Euro but also applies to the GBP,
Kroner, and other European (non-Euro) currency.

    > I wonder if European countries who are using Euro would see a drop in
    > tourists from the States?

When the dollar devalues, tourism is negatively effected in those
countries where costs go up.

js

Re: Currency Exchange Rate
 

Stelios Zacharias wrote:

    > On 10 May 2004 18:35:00 -0500, "Bob K." <[email protected]> wrote:
    >
    >
    >>As I was planning for my European vacation this summer with my wife, we
    >>discovered that we would save almost a thousand dollars for not going to
    >>countries using Euro. The reason: our pathetically weak dollar!
    >
    >
    > Is that the reason, indeed?
    >
    > So going to Denmark, Sweden and the UK will come out cheaper than
    > going to Greece, Spain and Portugal?
    >
    > Or possibly you meant Czech Republic, Slovakia, Slovenia are
    > cheaper than Germany, France and Italy? Stelios

No. He intends to go to Mexico.

Re: Currency Exchange Rate
 

"Bob K." <[email protected]> wrote in message
news:[email protected]...
    > As I was planning for my European vacation this summer with my wife, we
    > discovered that we would save almost a thousand dollars for not going to
    > countries using Euro. The reason: our pathetically weak dollar!
    > I wonder if European countries who are using Euro would see a drop in
    > tourists from the States?

I'm sorry to be the one to tell you this.

But countries don't intervene in the currency market to support
a weak country just because Bob K decides not to come on holiday.

The weak dollar is the US government's fault. If they don't like it
that way, only Americans can do anything to change it.

tim

Re: Currency Exchange Rate
 

"Bob K." <[email protected]> wrote in message news:<[email protected]>...
    > As I was planning for my European vacation this summer with my wife, we
    > discovered that we would save almost a thousand dollars for not going to
    > countries using Euro. The reason: our pathetically weak dollar!
    >
    > I wonder if European countries who are using Euro would see a drop in
    > tourists from the States?

Are you sure about that? What about England? It's likely worse in
England to your pocket book.

I'd recommend you forget about Europe altogether this summer, until
the dismal dollar comes back up if there ever will be such a time.

Go to the Caribbean, south America or China instead. We are going to
China this summer.

Re: Currency Exchange Rate
 

    > > I wonder if European countries who are using Euro would see a drop in
    > > tourists from the States?
    > Go to the Caribbean, south America or China instead. We are going to
    > China this summer.

Me, in the meantime, being paid in Euros, as Italian, I will come next june
in the US for the third (and probabily cheaper) time...

Ciao, Piero.

Re: Currency Exchange Rate
 

"tim" <[email protected]> wrote in message news:<[email protected]>...
    > "Bob K." <[email protected]> wrote in message
    > news:[email protected]...
    > > As I was planning for my European vacation this summer with my wife, we
    > > discovered that we would save almost a thousand dollars for not going to
    > > countries using Euro. The reason: our pathetically weak dollar!
    > >
    > > I wonder if European countries who are using Euro would see a drop in
    > > tourists from the States?
    >
    > I'm sorry to be the one to tell you this.
    >
    > But countries don't intervene in the currency market to support
    > a weak country just because Bob K decides not to come on holiday.
    >
    > The weak dollar is the US government's fault. If they don't like it
    > that way, only Americans can do anything to change it.
    >
    > tim

Tim - by suggesting that the weak dollar is the governments "fault"
you seem to infer that a weak dollar is somehow a bad thing? Are you
that sure it is?

js

Re: Currency Exchange Rate
 

"Jonathan Smith" <[email protected]> skrev i meddelandet
news:[email protected]...
    > "tim" <[email protected]> wrote in message
news:<[email protected]>...
    > > "Bob K." <[email protected]> wrote in message
    > > news:[email protected]...
    > > > As I was planning for my European vacation this summer with my wife,
we
    > > > discovered that we would save almost a thousand dollars for not going
to
    > > > countries using Euro. The reason: our pathetically weak dollar!
    > > >
    > > > I wonder if European countries who are using Euro would see a drop in
    > > > tourists from the States?
    > >
    > > I'm sorry to be the one to tell you this.
    > >
    > > But countries don't intervene in the currency market to support
    > > a weak country just because Bob K decides not to come on holiday.
    > >
    > > The weak dollar is the US government's fault. If they don't like it
    > > that way, only Americans can do anything to change it.
    > >
    > > tim
    > Tim - by suggesting that the weak dollar is the governments "fault"
    > you seem to infer that a weak dollar is somehow a bad thing? Are you
    > that sure it is?
    > js
The USD rate was exceptional high for a while making Americans overseas
trips very inexpensive. Unfortunately also preventing US export and making
import attractive thus creating a deficit in the trade balance.
Today's rate is more equal to the average rate over a longer term, maybe
being more normal.

Re: Currency Exchange Rate
 

"Bob K." <[email protected]> skrev i meddelandet
news:[email protected]...
    > As I was planning for my European vacation this summer with my wife, we
    > discovered that we would save almost a thousand dollars for not going to
    > countries using Euro. The reason: our pathetically weak dollar!
    > I wonder if European countries who are using Euro would see a drop in
    > tourists from the States?
Not only Euro as the $ have lost to most currencies except those pegged to
USD (being China and ?)
But possibly yes. But as visitors from US are counting for 3% only of the
visitors to Stockholm I don't think we are worrying too much. Could be
more reason to worry should the Norwegians stay at home.
The scheduled cruise ships to Stockholm this summer are more than any time
and the city is now the number one cruise destination in the Baltic.

Re: Currency Exchange Rate
 

I used it as an excuse. We were originally going to go Europe this past
month, but decided to go to Canada instead. Of course, the dollar is down
against the CAD too, but we're still on the right side of the fence --- if
you know what I mean.

With having been to Europe several times within the past 5 years or so, I
just couldn't bear to pay 20-25% more for hotel rooms, food, etc on top of
already expensive prices. Hotel costs normally make up the majority of our
2-3 week stays, and the extra 20-25% means either higher cost or
lower-quality rooms. Having seen much better rates in the recent past (end
of 2002), I was expecting a certain return for my dollar. Perhaps had I not
had an intimate appreciation for the value --- I wouldn't have been so set
back by the new difference.

We were able to stay at top notch places for reasonable prices in Canada.
This is due both to the lower inherent cost of Canada, AND the favorable (in
comparison) exchange rate.

We'll probably travel again to Europe once the dollar and euro come closer
to parity.....

Keith M
Pittsburgh

"Ian Phillips" <[email protected]> wrote in message
news:EdVnc.440025$oR5.234266@pd7tw3no...
    > I am Canadian and our dollar is weak but I am going to Europe and would
    > not use currency as an excuse if I really wanted to go somewhere
    > "Bob K." <[email protected]> wrote in message
    > news:[email protected]...
    > > As I was planning for my European vacation this summer with my wife,
we
    > > discovered that we would save almost a thousand dollars for not going
to
    > > countries using Euro. The reason: our pathetically weak dollar!
    > >
    > > I wonder if European countries who are using Euro would see a drop in
    > > tourists from the States?

Re: Currency Exchange Rate
 

"Jonathan Smith" <[email protected]> wrote in message
news:[email protected]...
    > "tim" <[email protected]> wrote in message
news:<[email protected]>...
    > > "Bob K." <[email protected]> wrote in message
    > > news:[email protected]...
    > > > As I was planning for my European vacation this summer with my wife,
we
    > > > discovered that we would save almost a thousand dollars for not going
to
    > > > countries using Euro. The reason: our pathetically weak dollar!
    > > >
    > > > I wonder if European countries who are using Euro would see a drop in
    > > > tourists from the States?
    > >
    > > I'm sorry to be the one to tell you this.
    > >
    > > But countries don't intervene in the currency market to support
    > > a weak country just because Bob K decides not to come on holiday.
    > >
    > > The weak dollar is the US government's fault. If they don't like it
    > > that way, only Americans can do anything to change it.
    > >
    > > tim
    > Tim - by suggesting that the weak dollar is the governments "fault"
    > you seem to infer that a weak dollar is somehow a bad thing?

Just replying to Bob's comment. He seems to think that it is a
problem.

    > Are you
    > that sure it is?

As an American or a European?

(as the latter, yes I do - especially as I don't want to go there
on holiday this year)

tim

    > js

Re: Currency Exchange Rate
 

Lennart Petersen <[email protected]> wrote:
    > The scheduled cruise ships to Stockholm this summer are more than any time
    > and the city is now the number one cruise destination in the Baltic.

Is that like being the number one casino destination in Saudi Arabia?

miguel
--
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