goinggreek.info
The Agora => Greek News => Holidays in Hellas => Topic started by: Maik on Saturday, 22 July, 2017 @ 13:46:12
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British tourists offered 88 euro cents for £1 in Europe, one year on from Brexit vote
UK holidaymakers face worst euro exchange rate ever seen as they leave for summer getaways
British holidaymakers travelling to Europe face one of the worst exchange rates on record this weekend, with the pound falling to less than one euro in some places a year on from the Brexit vote.
As families prepare to travel to the continent on the first day of the school holidays, people flying out of British airports have been offered as little as 88 cents for a pound.
Gatwick, Luton and Birmingham airports were all offering less than a euro to the pound – the worst rate in eight months – while Cardiff airport exchanged just 88 cents.
Experts said that was possibly the worst euro exchange rate ever seen at any UK airport – traditionally the most expensive places to buy foreign currency.
The Travelex foreign exchange booths at Heathrow, Manchester and Glasgow were meanwhile offering almost exactly one euro to the pound.
http://www.independent.co.uk/news/world/europe/pound-euro-88-cents-exchange-rate-airports-british-tourists-1-europe-brexit-latest-a7854386.html
Doubt many regular GGi readers would use an airport exchange bureau, there's better places to change money in the UK. Current rate in Greece around
(http://goinggreek.info/gallery/1_22_07_17_1_41_43.png)
(looking likely to go down to around 1.0887 on Monday)
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As I write the Fairfx rate is 1.088 euro to the £.
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Currently the "wholesale rate" is €1.118 - dire!
:oki:
Tony