Will the falling $ cause you to modify vacation plans?
Jul 16, 2002 | 1:45 pm
#16
FlyerTalk Evangelist
Join Date: Jan 2000
Posts: 15,869
It's all subjective. Someone who has only travelled to Europe when the dollar was high will think any other time expensive.
When I first travelled to Europe in the late 1970's, the dollar was quite low in today's terms to most other currencies. By 1985 it was "high" again, and then sloped down towards the beginning of the 1990's. It remained low until the mid 1990's and then raised again.
The new paradigm is the Euro, so calculations are different, but overall costs are not. Therefore, historically speaking things are not so bad right now a Euro is what 7 Francs??. I remember just a few years ago when you were lucky to get 5 FF do the dollar, I also remember when it was closer to 10!!
When I first travelled to Europe in the late 1970's, the dollar was quite low in today's terms to most other currencies. By 1985 it was "high" again, and then sloped down towards the beginning of the 1990's. It remained low until the mid 1990's and then raised again.
The new paradigm is the Euro, so calculations are different, but overall costs are not. Therefore, historically speaking things are not so bad right now a Euro is what 7 Francs??. I remember just a few years ago when you were lucky to get 5 FF do the dollar, I also remember when it was closer to 10!!
