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What are the best travel bargain countries given current exchange rates and local cost of living?

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What are the best travel bargain countries given current exchange rates and local cost of living?

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  1. Central and South America - some places, like Panama and Ecuador use the dollar as their currency.  Chile and Argentina, while their currencies are no longer officially tied to the Dollar, still see their currency values stick pretty close to the Dollar, so devaluation here is reflected in prices there.  

    The only other that comes to mind is South Africa - there currency vs. the dollar has remained fairly consistent.

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