As the Euro drops to its lowest level against the American dollar in months, you might want to check out deals to head to Europe for a cheaper fall vacation.

SmartMoney points out that airfare and hotel prices usually drop after Labor Day, as many tourists end the summer vacation season. But with the Euro at $1.37 as of last Friday, hotels abroad won’t hit your wallets as hard as they would otherwise.

“It’s pretty straightforward,” says Ed Perkins, a contributing editor for travel advice site SmarterTravel.com. “If the Euro is down X%, your day-to-day cost will be down X%.”

Sure, the drop in the Euro might not save you a ton of cash, but saving a little is better than nothing at all, right? Taking advantage of Fall promotions from airlines is a good idea no matter what the price of the Euro, so keep an eye on European airlines offering lower fares.

A Cheaper Euro Sweetens Fall Travel Deals [Smart Money]

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.