Currency rate fluctuation works in favour of UK travellers |
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Published
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Tue, 05 Apr 2005 01:00
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UK holidaymakers have something to cheer about! Now they can travel to long-distance places and at the same time save money.
With Europe becoming more expensive, due to recent exchange-rate trends, those more adventurous amoung us can save extra cash and get more currency for their money by travelling to far-off places like the United States, Indonesia, Hong Kong and Mauritius to name a few from the many.
| The pound has taken a beating against the euro in the last one year, thereby making Europe almost three per cent more expensive for UK holidaymakers, as compared to far-off places like Indonesia and Mauritius where pound can easily buy 10 per cent more, which was not the case 12 months ago, the Royal Bank of Scotland (RBS) said.
In the last one year or so, the fluctuations in currency rates has worked in the favour of UK holidaymakers who are looking to explore or enjoy exotic holiday in long haul destinations as they stand to gain more on their pound, the RBS said.
Today, long distance holiday packages offer great, improved and value-for-money, whereby the UK traveller may have to spend less with their pound in some of the most popular destinations in the world, the RBS said.
Travellers can also look forward to visit places like Jamaica, Hong Kong and Trinidad & Tobago as pound is shining in these places. But the case is quite different when it comes visiting places in and around UK.
The RBS also warned that currencies have strengthened against the pound in countries like Hungary, the Czech Republic, and Poland – making these places somewhat inaccessible.
But the biggest news for people travelling to New York is that the dollar's four-year decline run last year continued against the pound making United States more accessible for UK travelers.
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