Sterling strength gives Brits more long-haul value

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The continued strength of the pound against major world currencies is continuing to give Brits abroad more from their money.

The continued strength of the pound against major world currencies is continuing to give Brits abroad more for their money.

Recent research has revealed that UK holidaymakers can now cash in on long haul as well as short-haul destinations.

Brazil will hold a number of major sporting events over the next four years, including the FIFA Confederations Cup in 2013, the 2014 FIFA World Cup and the 2016 Olympic Games.

British travellers who are planning to attend these events will have their holiday spend boosted by the sterling’s 17.31 per cent year-on-year increase against the real.

Countdown to Rio Olympics
Countdown to Rio Olympics. Image by The Department for Culture, Media and Sport

Other destinations where the pound will go further include Argentina (up 16.48 per cent), Sri Lanka (up 13.67 per cent), South Africa (up 10.04 per cent), Indonesia (up 8.57 per cent) and India (up 6.30 per cent).

The research from Moneycorp also highlighted a number of mid-haul destinations where the sterling had climbed in value, such as Egypt (up 2.95 per cent).

Brits can also head to the continent in order to make their money stretch further, with the value of the pound against the euro soaring by 5.93 per cent recently.

For a value for money destination that is a touch more exotic, but still less than three hours from London in terms of flight times, UK travellers can also head to Morocco (up 2.81 per cent).

Bansko. Image by Sitomon

According to the annual Post Office Travel Money report into skiing holidays, “skiers heading to Europe have the added bonus of more currency for their pounds this year due to the strengthening of sterling”.

Skiers on a budget will find prices at their lowest in Bansko, Bulgaria, which offers the cheapest ski pass and equipment hire. This comes in at a total of £264.52, 25 per cent less than runner up Kranjska Gora in Slovenia.

Kranjska Gora offers the best value at £324.56 in the euro zone, followed closely by Ellmau (Austria) at £356.74 and Livigno (Italy).

The Italian resorts of Livigno (£362), Sestriere (£419) and Cervinia (£439) also took the top three spots in the global ‘best value’ top ten list.

Sterling strength gives Brits more long-haul value was last modified: June 26th, 2019 by Oonagh Shiel
Author: Oonagh Shiel (3252 posts)

Content Manager at Cheapflights whose travel life can be best summed up as BC (before children) and PC (post children). We only travel during the school holidays so short-haul trips and staycations are our specialities!