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Cut price holiday for millions as pound hits four-year high against the Euro

By Sean PoulterGood news for British holiday travelers as the pound hit a record high against euro in the last 3 and half year. But don't get all too excited as you may still miss out some part of the 20% more than last your for each pound. Below is an article by Sean Poulter Daily mail read through to see what this means for you this holidays.

British holidaymakers can look forward to bargain travels as the pound has hit a four-year high against the euro

Millions heading to Europe this weekend can expect more for their money after the pound hit a four-year high against the battered euro.Every 1 will buy around 20 per cent more than last year in hot spots such as Spain and Greece.While the pound is worth around 1.28 euros on international currency exchanges, the rate available to tourists is a lower 1.24. But this is still the highest level since 2008 and compares with just 1.04 a year ago.

As thousands arrive at UK airports, such as Stanstead, ahead of the Olympic Games, so do UK families escaping the country as the schools break up.

British holidaymakers can look forward to bargain travels as the pound has hit a four-year high against the euro

Up to 2million British holidaymakers are set to head overseas this weekend after schools broke up for summer this week.Tourists to resorts in the eurozone will have the equivalent of around 100 more to spend than a year ago if they change 500 into euros, according to research by the Post Office....More at Cut price holiday for millions as pound hits four-year high against the Euro - Daily MailMore Reading

Sterling hits new peak vs euro, shrugs off BoE minutes - Reuters

How to get the Best Exchange Rate?To get the best currency exchange rate it is advisable to1. Shop online on the comparison website to look for the best deal.2. You may consider buying pre-paid credit cards online. If you order online you are more likely to get a better deal than if you walk instore. Below are screen shoots from travelmoneymax.com for 200.00 against German Euros

British pounds against euro by TravelMoneyMax.com 22/07/2012

3. Where possible avoid the use of ATM machines when abroad as you may incure some charges.4. Check with your bank/credit card company the cost of using your their cards abroad.Here I bring you the weekly currency and commodity news by ufx.co. I hope you find this post useful.Please let me know how and what you think about this below entering your comment below.For more currency & commodity news & info, visit ufx.co The euro decreased for a third week versus the US dollar as investors speculated that the Federal Reserve will take further steps to stimulate economic expansion...

You can always join the converstion below. Please enter your comments in the comment box below to let us know how you feel about this post. You can also join us in one of the social networks on the top right hand of this page.What is the highest the pound has ever been against the euro #euros http://t.co/zMshQXbw kgbanswers_UK (kgbanswers_UK) (@kgbanswers_UK) Fri Jul 20 2012Click any of the buttons below to share or like if you enjoyed reading this post. Read more... http://bdtravelmag.com/cut-price-holiday-for-millions-as-pound-hits-four-year-high-against-the-euro/

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