Combine Holiday Hot Spots and Excellent Exchange Rates For A Super Summer of Savings!
LONDON: It’s officially Spring which means now is the time to plan your summer getaway. With the run up to this busy travel period, The Currency Club has conducted a price comparison survey on a fixed basket of goods to see which destinations provide the best value this year. Their findings highlighted a number of great value resorts all within a few hours flying time. Combine this with great rates on foreign exchange when you order online and it’s easy to see how your small budget can stretch to a fabulous holiday.
Travel money experts The Currency Club have created the world’s first fully automated retail currency system with a unique rate optimiser tool that allows you to see just how good your exchange rate really is when you’re trading pounds for a foreign currency. Continuing this commitment to helping you make the most of your holiday funds, it has compared prices on various typical goods in a number of hot spots to measure which sun drenched beaches represent the best value for money this summer. The basket of goods surveyed included generic essentials such as a cup of coffee/tea, a bottle of mineral water, a soft drink, cost of transport, cost of a hotel room (3*) and a meal out a with bottle of house wine. Thanks to a stellar performance by the British Pound in recent weeks, it’s now at the best rate of exchange against the Euro in almost two years – so a summer break or last minute weekend escape in the next month or so is better value than ever. Thanks to the soaring Sterling, euro-zone beaches and cities represent the smartest option when travel money is tightly budgeted. With the Pound performing well, the current Sterling to Euro exchange rate is more favourable than it’s been in quite some time. This has coincided with costs falling in resorts as traditional European destinations like Portugal, France and Spain try to win back long haul jet setters. Both of these factors mean that your foreign exchange will go notably further on a one or two week break when travel money is ordered before travel. Everyday holiday essentials such as three course meals out, beverages in bars and hotels, even supermarket shopping for self-catering breaks have come up cheaper this year with milk, bread, ice cream and sun tan lotion all showing a marked decline in price. Particularly for those travelling as part of a large group or with small children, better value holiday essentials and a strong foreign exchange rate make a summer holiday that much more affordable. Last year there was a definite trend for the ‘stay-cation’ with more Brits than ever foregoing their two weeks foreign holiday in favour of a trip within the UK. This year, great value holidays and lots more for your money make Portugal, Spain and France excellent budget destinations. While a couple of long haul destinations such as Thailand can also be enjoyed on a budget thanks to a favourable exchange rate, other traditional destinations like America and Egypt were found to be more expensive. The US dollar in particular has gained a lot of the ground it lost following the Japanese earthquake, making child friendly resorts like Disney World an option for the future. Closer to home, Italy is also bucking the best exchange rate trend and was found to be more expensive than its Iberian neighbours. Wherever you decide to jet off too, you can make your travel money go even further by pre-ordering from The Currency Club. To find out more about The Currency Club and to order securely online, visit http://www.thecurrencyclub.co.uk
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