Some south american currencies:
Argentina: 1 usd = 3.64 pesos
Brazil: 1 usd = 2.37 reals
Mexico: 1 usd = 15.4 pesos (!!)
Even given the purchasing power parity (factoring inflation), I would say it's awesome to be traveling right now.
I was in Mexico last Aug and was getting murdered with 1:11 mexican pesos.
I've seen Brazil at around 1:2.9 when I was there in April 2003, but for Mexico and Argentina (and probably other countries) it's pretty unprecedented exchange rate.
Argentina: 1 usd = 3.64 pesos
Brazil: 1 usd = 2.37 reals
Mexico: 1 usd = 15.4 pesos (!!)
Even given the purchasing power parity (factoring inflation), I would say it's awesome to be traveling right now.
I was in Mexico last Aug and was getting murdered with 1:11 mexican pesos.
I've seen Brazil at around 1:2.9 when I was there in April 2003, but for Mexico and Argentina (and probably other countries) it's pretty unprecedented exchange rate.