It’s one month until Easter and if you’re planning to make the most of the long weekend or the school holidays with a trip abroad be sure to also make the most of your travel money purchase.
The fall in the value of sterling since the Brexit vote last June has made foreign holidays more expensive. The price of February half-term ski breaks was up nearly 12 per cent on average, according to M&S Bank. And while £1 would have got you €1.27 a year ago through the currency exchange and money transfer website xe.com, yesterday that had fallen to just €1.14 – a reduction of more than 10 per cent. But if you’re smart when it comes to buying travel money, you could claw back some of your spending power. Here’s how to make your pounds go further.
- Don’t buy currency at the airport: leave it until the last minute and you’ll be at the mercy of a bureau de change that knows it’s got you over a barrel.
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