currency

Peso’s pain is a traveler’s gain

Last week's Presidential election brought volatility to financial markets and the most damage was inflicted on the Mexican Peso. With threats of renegotiating NAFTA and taxing Mexicans citizens to pay for a border wall, the Mexican Peso dropped over 10% in one day and became the worst performing emerging market currency in 2016. While this is terrible if you live south of the border, it can mean great things if you are planning a vacation. Since last year, the Peso has fallen over 23% which means huge potential savings for American travelers! It's time to pack your bags and brush up on your Spanish because 2017 should provide money saving opportunities for the savviest travelers. Here are 3 tips on planning your future getaway.

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