I was on exchange in the Netherlands for a year.
While I can't tell you where to stay (I had a student housing in another city), Amsterdam is a really fun place to visit
Sites:
- Anne Frank's house - Very highly recommended. Very emotionally charged site
- The Museums - Van Goh, Modern Art museum.
- Canal and bus tour - Pretty cheap 2 hour tour by boat and bus
- The Sex Museum - It's pretty neat and touristy, the one on the main strip
- Recommend you get the Amsterdam pass, sort of like an attraction's pass to gain admission into a bunch of sites
Food:
- Kantjil & De Tijger - The Netherlands are renown for it's Indonesian cuisine. This place is one of the best. Get your self the 13 course meal
- After a night of drinking (Drink Amstel, Grolsch, or specialty brew), find another place for a traditional Fries with Dutch Mayo. Bonus if you go to the unique fast food vending sites
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