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Why
the Caribbean
Is
a Bargain
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Most island currencies are pegged to the ailing US
dollar, but the euro is at record highs.
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Notice |
Why the Caribbean is a Bargain
The dollar doesn't always do well against many other currencies, especially the euro
What this means:
For Americans, it's a lot more expensive to vacation in Europe
and elsewhere. But prices in the Caribbean are
the same because most Caribbean currencies are pegged
to the dollar in some way. The Eastern
Caribbean Dollar (or EC, as it's called) remains around EC2.75
for US$1. One Cayman dollar (1$CI=US$1.22) is actually worth more than a dollar, a rarity.
But
for Europeans, a Caribbean vacation is an even better
bargain because the euro is almost worth more than the U.S. dollar, making the Caribbean a good deal.
Although air fares may not have changed
much, but Europeans should consider hotel room costs,
meals, tours, etc. The Caribbean has never
been cheaper!
Of course this situation won't last.
The value of currencies constantly
change.
If you've ever considered a Caribbean vacation, the time
is now.
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