Travel money is often an afterthought when it comes to organising a holiday. You book the flight and hotel in advance but leave travel money to the last minute – that’s a mistake.
If you don’t plan ahead with your currency, you could end up having considerably less to spend on your travels.
With a little forward planning, and our tips on getting the best exchange rate, you can spend more on what you like on your next break.
1. FOLLOW THE POUND
If you’re booking your holiday before you’ve checked exchange rates, you may find yourself booking accommodation and flights for a country that has unfavourable exchange rates.
The pound has struggled against popular currencies such as the euro and the US dollar, but you may be able to get more favourable exchange rates in other desirable destinations.
Look at where the pound has performed well over the long run and you can find destinations where your travel budget could go further.
One country with better exchange rates for Brits is Argentina, where the pound goes nearly 50% further today than it did two years ago, and an incredible 190% further vs five years ago.
Argentina has a lot to offer. Take Mendoza for example, famed for its wine and world-class steak, where leafy streets are lined with modern and art deco buildings. Mendoza even made it into our list of top foodie destinations for a romantic getaway.
