You are here: Home - Saving-Banking -

Three trending holiday destinations where the pound has strengthened

0
Written by: Emma Lunn
31/07/2019
Holidaymakers need to head further afield than Europe to find currencies performing badly against Sterling.

Fears of a no-deal Brexit sent the pound into free-fall against the Euro and US dollar this week – meaning holidaymakers get less for their money within the Eurozone and the US.

But that’s not the case in some of the top trending destinations around the world. Discount website Vouchercloud studied National Geographic’s 2019 Best Trips list and examined the performance of Sterling against the local currency of each location.

It found that Argentina’s Isla de los Estados, Colombia’s Caño Cristales Rivera, and Perth in Australia are all better value than they were 12 months ago.

Time for adventure

Admittedly, none of these places are cheap or easy to get to and they’re a world away from a typical package holiday destination.

Isla de los Estados is an Argentine island 29km off the eastern extremity of the Argentine portion of Tierra del Fuego. It’s remote and is famed for being the only place in Argentina with fjords.

According to Vouchercloud, which used figures from XE.com, Isla de los Estados is 48 per cent cheaper than last year, thanks to the pound’s strong performance against the Argentine Peso.

Caño Cristales is a Colombian river located in the Serrania de la Macarena national park. Tourists need to fly into the nearby town of La Macarena to see the river which is commonly called the “River of Five Colors” due to its striking colours. The pound has strengthened 4.78 per cent against the Colombian Peso since last year.

But although things are looking good in Colombia and Argentina, if you stray next door into Brazil you’ll be paying 3.37 per cent more than you would have done last year, thanks to the strong Brazilian Real.

Perth is the capital of Western Australia. It’s famous for being the most isolated city in the world, with the Indian Ocean on one side and the Australian outback on the other. Sterling is up 1.19 per cent against the Australian dollar in the past year.

Which top destinations should you avoid?

Vouchercloud found that several of National Geographic’s top destinations have gained 5 per cent or more value against GBP since last year.

For example, the Egyptian Pound is up 12.39 per cent against Sterling compared to last year – so visitors to Cairo should watch out.

Visitors to Switzerland’s finest wine country in Veyvey should also be aware that the Swiss Franc has strengthened by 5.95 per cent against the pound in the past 12 months.

The pound has fallen 5.45 per cent against the US dollar since last year. This makes trips to any US destination on the National Geographic list, including Kansas City in Missouri, the De-Na-Zin Wilderness in New Mexico, or Oakland in California, more pricey than last year.

Wherever you travel, you’ll save money by shopping around for foreign currency and taking the right plastic.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Everything you wanted to know about ISAs…but were afraid to ask

The new tax year is less than a fortnight away and for ISA savers or investors, it’s hugely important. If yo...

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week