My wedding gift from Uncle Sam: a strong dollar for my Spanish honeymoon
May 12th 2009 2:00PM
Updated May 12th 2009 2:23PM
I'm about to take a little hiatus from here to go get married and then for a quick honeymoon. It's been a hectic time, planning for the wedding (my fiancée, thankfully, has handled the lion's share of it, but there's always consulting to be done), so I've kept my sanity by focusing on our upcoming honeymoon in Spain. Lately, I've found myself obsessively checking Google for the latest euro-to-dollar exchange rate, trying to figure out how far
I we can stretch my -- sorry, our -- cash in Europe.
When I started booking the trip in August, I locked in some early-bird euro rates at hotels. But the dollar was weak, at $1.50 to the euro. So imagine my joy to watch the dollar's value steadily improve against the euro these past several months. I was totally geeked out reading this Bloomberg article about a 0.4% rise in the dollar by the end of trading yesterday. The current rate is about $1.36 per euro, which should save us quite a few bucks between hotels, restaurants and shopping.
In other words, I should worry more about things that directly deplete my wallet, like new foreign-transaction fees from credit-card companies. Awesome. Anyone out there have any good honeymoon money-saving tips for me?