Argentina    - 3.31 Argentine pesos to the dollar

Argentina’s not the bargain-basement destination it was in 2001, but it still provides plenty of continental graces on a budget. Buenos Aires remains a top draw, with a culture both competitive and distinct from its European colonizers; expect a world-famous, meat-centric cuisine, a popular cafe culture, bustling tango halls and gorgeous Spanish colonial architecture.

Adventurous types looking to explore beyond B.A. should make their way to the beautifully preserved Salta, which is an excellent jumping-off point for exploring the Andean northwest. The region abounds with spectacular scenery; nature-lovers won’t want to miss the Quebrada de Humahuaca, a Rio Grande gorge and UNESCO World Heritage Site within striking distance of Salta.