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The Euro has plummeted against the U.S. dollar! European airlines are tied to the Euro, so when it drops, airfares drop for the U.S.
Currency fluctuations are hard to guess, but if the Euro continues to decline, it will be worth waiting to buy your airline ticket for a European carrier. On the Iberia Airlines site, you can compare airfares in U.S. dollars, but the underlying fare is in Euro. American Airlines code shares with Iberia, so you will need to be purchasing the flight on Iberia planes. The flight to London may be AA or British Airways, and the flight from Heathrow may be on a British Airways plane. To get a true Euro fare on Iberia, you may need to be one of the lucky ones who fly Iberia from Miami or Chicago!
It's best not to speculate too much on what will happen between now and September. Today the US$-Euro exchange rate is favourable for non-Europeans, airfares are generally more economical and Spain is still needing to recover from the severe unemployment crisis.[...] However, you can expect the Euro to rise dramatically in September, when I start walking.
A glass of wine is still going to be 3 euros and taste just as good as it did last year at the end of a long day. That USD is going to buy you 90 cents versus the 80 cents it bought last year, still in all that's a bargain.Consider also that Spain is currently experiencing negative inflation, and in theory now is probably as good a time as ever in recent years for pilgs from outside the Euro Zone. However, I'm convinced that to some extent the Camino has an economy of its own. It would be a very generous proprietor who passed on any savings to their growing market of 'Euro-rich' pilgrims in a village bar!
Okay, so maybe I was quoting Biarritz prices. Who knows? Where we are now paying 2.5o.€3 for a glass of wine? In Pamplona oy Burgos maybe....
Maybe I'm drinking in the dives.
(That where I met Al). hahaha
Use a VPN ? Many available at very low cost, and works very well to fake location.I am beginning to think that its all tied to IP addresses.
I was surprised that in one local bar I was only charged €0.60 for a vino tinto ... and it was not bad at all.A glass of wine is still going to be 3 euros
And a bottle per table included in "menu del día", even if it seats only one person...Ok, it is the local "vino joven"
variety, but it is good for a thirsty walker.
Use a VPN ? Many available at very low cost, and works very well to fake location.
Use a VPN ? Many available at very low cost, and works very well to fake location.
Use a VPN ? Many available at very low cost, and works very well to fake location.
Use a VPN ? Many available at very low cost, and works very well to fake location.
Any recommendations?
Sometimes (often actually) it helps to delete all your coockies. I think that is how they track you, not so much the ip. So clear the coockies and try again.I have seen few good deals on airline tickets from the US to Europe, that is unless you want to go to Moscow or Istanbul fitst and have the flight duration around 30 hours. I am rather agitated because of these increased costs. I am beginning to think that its all tied to IP addresses.
The Euro has plummeted against the U.S. dollar! European airlines are tied to the Euro, so when it drops, airfares drop for the U.S.
Currency fluctuations are hard to guess, but if the Euro continues to decline, it will be worth waiting to buy your airline ticket for a European carrier. On the Iberia Airlines site, you can compare airfares in U.S. dollars, but the underlying fare is in Euro. American Airlines code shares with Iberia, so you will need to be purchasing the flight on Iberia planes. The flight to London may be AA or British Airways, and the flight from Heathrow may be on a British Airways plane. To get a true Euro fare on Iberia, you may need to be one of the lucky ones who fly Iberia from Miami or Chicago!
If and when one has decided to walk the Camino and has purchased the air tickets for the trip in a near future, there will not be huge changes in hard currency exchange rates. Keep a budget in Euros (obviously!) and convert its total cost to your own currency at the present rate of exchange.[...]The secret to understanding what the euro will do lies in understanding what the US dollar will do![...]
Given what the nation of Greece is doing right now, I suspect that the Euro will remain weak to the US dollar, since Greece is one of the nations that is causing a severe economic drag on the EU and the Euro currency.I sense a change in trends: Euro up and US dollar down, at least for the short term
After May 12, this will all change.Given what the nation of Greece is doing right now, I suspect that the Euro will remain weak to the US dollar, since Greece is one of the nations that is causing a severe economic drag on the EU and the Euro currency.
Well then the finacial community in the world, and the commodity traders and investors will concentrate on the remaining "PIIGS."After May 12, this will all change.
Bye bye Greece. And we come the EU and the euro.
I'm thinking the Yuan and not the $US. Will never forget one of my MBA classes 15 years ago. Teacher or students are refering to the Chinese currency as "not a real currency" and then a super bright student, and super quiet, from mainland China said "It's real currency to 1 Bn people in the world - seems quite real to me"! Brilliant, and ahead of his time.Most of Europe will still be using the Euro as a currency. Otherwise the next best option would be the US Dollar as a means of exchange. That the trading values of the currencies will change, depends upon how the Central Bank is allowed to print
For the time being we hope for a soft landing?!
And the wine is much better for you! Well, up to the first (choose your own number) glasses...All i know is, a Coke is way more expensive than a glass of wine on the camino.
Cheap white wine in a restaurant here, not so much.I thought white wine in Germany was inexpensive. Maybe not so much now
Come to BC Canada and good luck trying to find cheap wine here
Well that was a good call...I sense a change in trends: Euro up and US dollar down, at least for the short term
I am looking for another weakness in the Euro, probably around June 20th and beyond.Well that was a good call...
http://www.bloomberg.com/news/artic...n-carry-trades-in-rally-almost-no-one-foresaw
I am looking for another weakness in the Euro, probably around June 20th and beyond.
Given what the nation of Greece is doing right now, I suspect that the Euro will remain weak to the US dollar, since Greece is one of the nations that is causing a severe economic drag on the EU and the Euro currency.
It's up!I am looking for another weakness in the Euro, probably around June 20th and beyond.
It may not care.I think the market doesn't care...its up to 1.14 despite the news of a strengthened partnership with Russia and weaker with the Euro zone.
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