Cheapest holidays to Europe for yonks!
If you're British, it is a good time to go on holiday? Why? Well, for starters, Britain seems relentlessly bleak at the moment, so it'd be nice to get away from all moaning and austerity cuts. That's not really what we're getting at though.
Thanks to the rise of the pound against the euro - the highest it has been since 2007, and up 13% in a year - the exchange rate is very nice indeed. In fact, analysts reckon that the pound is set to reach 1.5 euros soon, which is great for those with holidays booked already.
In short, if you buy a pint for 5 euros, then two years ago, it would've worked out as £4.50, but now, it is more like £3.60.
Andrew Brown, of Post Office Travel Money, said: "This is great news. Holidaymakers can look forward to cashing in on the increased buying power of sterling in most popular destinations this summer."
Petrol is cheaper in Europe too, if you're driving out there. The AA say this is because the UK pays a higher level of tax on fuel, and in addition to that, the combined cost of travel, accommodation, food and all that, on average, is down by more than £220.
The best foreign currency exchange rates around at the moment are to be found at AceFX, Thomas Exchange and MoneyCorp among others. Those who pre-order currency from airport branches of Travelex or Moneycorp can get a decent deal too. On the high street, your best bet is to change your money at the Thomson and Halifax bureaus.
Have a lovely time.