If you’re traveling to Europe in the next few months and can be reasonably sure of your plans, this may be a good time to prepay some of your expenses such as rent, car rental (especially since most agencies offer a prepay discount). the reason? The Euro has fallen below $1.20 for the first time since 2010 (at the moment of writing, on Jan. 15th) it’s about $1.16.
There’s no guarantee that the drop won’t continue, but historically it doesn’t stay low for very long—and compared to a rate of $1.34 to the Euro only last August, this may be the time to close the deal.
I do think it’s a good year to add Europe. And with cheap airfares available now for spring and summer all the more reason
Another currency that has has dropped compared to the US dollar recently is the Canadian Dollar.
http://www.theglobeandmail.com…air/article22446079/