Holidaymakers venturing to Europe in the near future are able to buy their Euros now to ensure they can take advantage of favourable rates.
Buying your currency while the exchange rates are in your favour is a great idea, especially now that you don’t need to carry all of your cash around, but instead you can use prepaid cards that are widely accepted throughout Europe.
Prepaid cards are an alternative to the old traveler’s cheques but they come with many more perks. Not only does it give you access to your money without having to carry your cash around, once loaded they can be used in bars, shops and restaurants as well as cash points.
The pound is very strong against the Euro as of late, almost reaching the same level as it was in early March, the strongest the pound has been against the Euro in the last seven years. This means that “The continent now offers really good value for money for British holidaymakers,” says Bob Atkinson from TravelSupermarket.