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Trip Arbitrage
Edition of 12 November 2026Priced for the US dollar

Where your money quietly got stronger.

Currencies fall and prices rise, rarely at the same speed. We track the gap for 65 countries every day, strip out inflation, and weigh what is left against safety and how hard a place is to travel.

Today’s widest gap
BOL
+55.6%

more purchasing power in Bolivia than a year ago, after inflation.

Driven by a one-off reset of the official exchange rate, not a gradual slide. The country page explains what that means on the ground.

Mid-range day
$36
Advisory
Level 2
Ease
Rough edges
Got cheaper
28
countries, real terms, 12 mo
Got dearer
20
countries, real terms, 12 mo
Mirages
4
currency fell, prices rose faster
The floor
$36
a day in Bolivia
№ 01Movers

The exchange rate is only half the story.

A currency can lose a fifth of its value while the country gets more expensive to visit, because prices there rose faster still. These are the largest moves in what your money actually buys.

№ 02Atlas

The world, repriced.

Real change in purchasing power, 12 months, USD
−10%
−4%
0
+4%
+10%
← Got dearerGot cheaper →

Shaded countries are tracked. Hatching marks a Level 4 “Do not travel” advisory. Select a country for its full reading.

№ 03The Index

Cheap is not the same as worth it.

All countries

One score from 0 to 100 that rewards a real price drop and a low cost of travel, then marks it down for danger and for places where the savings are spent on friction.

№ 04The floor

The cheapest days on earth, and what they cost you.

The lowest daily budgets among countries at advisory Level 2 or better. Each comes with the reason it is cheap.

Scout

Describe the trip. Get a shortlist that does the maths.

Tell the Scout your budget, dates and what you like. It reads today’s index and answers with places where the numbers work, and says plainly what could go wrong.

Open the Scout
№ 05Dispatches

What moved, and whether it matters.

All dispatches
№ 06Method

Four inputs. No sponsors.

Read the method
36%

Dislocation

How much further your currency goes than a year ago, after local inflation, and how far the real rate sits from its own five-year average.

30%

Price floor

What a mid-range day actually costs today, rolled forward daily from a hand-built baseline using local CPI and the live rate.

20%

Safety

The current government travel advisory. Level 3 caps a country's score. Level 4 removes it from the rankings entirely.

14%

Ease

Transport, lodging depth, payments, wayfinding and healthcare access. Cheap is worth less when every day is a logistics problem.