The U.S. dollar has been experiencing volatility in recent months. This has raised concerns for travelers planning their trips. Experts are offering guidance on how to get the best value for their money amidst these fluctuations.
The dollar declined again on Tuesday and has been falling for several days. American tariffs are anticipated to further impact U.S. currency values. President Donald Trump’s tariff policies are a major factor in the fall and fluctuation of the U.S. Dollar Index.
It had tumbled to 97.9 in late April—the lowest in slightly more than three years. At the time of publication, the dollar index is at 99.49 amid the three-day decline. As the Euro and Japanese yen strengthen against the dollar, travelers need to consider what this means for their summer plans.
The 2025 Bankrate Summer Travel Survey found that less than half of Americans have summer travel plans. 65 percent of those cited affordability as the main issue. Only 46 percent plan to travel, with 38 percent choosing domestic locations and 15 percent going international.
Navigating dollar fluctuations for travelers
“It’s getting even more expensive,” said Uri Kogan, a frequent traveler from the San Francisco Bay Area. “We just went to London last week, so it was on my mind.”
To mitigate costs, Bankrate senior industry analyst Ted Rossman advises booking travel arrangements sooner rather than later.
“It also pays to zig when others zag,” Rossman noted. “Think about visiting a destination during its shoulder season or offseason. Take an early flight, a late flight, a connecting flight, or fly midweek.”
When planning summer travel, it’s important to consider the volatility of the U.S. dollar.
Experts advise avoiding going into debt for a vacation. While predictions vary, many anticipate further challenges. Hence, securing payments on the earlier side is advisable.
Nonetheless, Rossman encourages not to forgo leisure time altogether. “Don’t let your vacation time go unused,” he said. “If nothing else, take some time off to relax and recharge at home.”
Whether planning a domestic getaway or an international adventure, staying informed about the financial landscape is key.
Planning strategically can help travelers make the most of their trips despite a weakening dollar.
