Published on March 22nd, 2018 | by Guest Post
Post Office Travel Guest Blog: Can Exchange Rates Find You a Holiday Bargain?
Tracking currency fluctuations can get you a better value holiday.
The pound has been surging against many foreign currencies, creating bargains for travellers. For example, holidaymakers visiting the Dominican Republic can get 16.7% more Dominican Pesos than this time last year.
Post Office Money has revealed that the pound’s performance against the currencies of 34 top tourist destinations gives Brits more holiday cash in 2018.
Many of the destinations with the most improved currencies for British travellers are popular with British holidaymakers, including Turkey and the Caribbean.
How to Make the Most of Exchange Rates
Exchange rates fluctuate all the time, so you can get unexpected value by tracking the top performing currencies.
The Post Office’s currency converter shows how much of any currency you can expect from your pound. This helps you to plan where you want to take your next holiday and start shopping around for the best value flights.
Perhaps you have a holiday booked and want to lock in the exchange rate on your holiday money now?
Buying some or all of your travel money when the going is good puts more cash in your wallet when you arrive.
A great way to do this is the pre-paid Post Office Travel Money Card. It’s is a safe way to keep a handle on your money wherever you go.
Every year, more than £21 million* is wasted by buying travel money in the airport. Avoid this by planning ahead.
It’s often destinations with more favourable exchange rates where goods are cheapest. Our 2018 Holiday Money Report shows the relative prices of travel essentials in the world’s top tourist destinations.
Protecting your Valuables
Lost cash or cards is a real headache at any time, let alone on holiday. Make sure you’re protecting your holiday money, valuables and overall well-being with travel insurance. Since you’ve put more money in your wallet, there’s every reason to get it covered.
* Source: Post Office Travel Money research
This guide has been compiled by Post Office Travel. For your comprehensive guide to travel insurance, travel money and other travel essentials visit their website here.