How about holidays in Algarve?
Do you plan to take a golf holiday in Portugal? Well if so, it may please you to know that you can now do so with extra spending money in your pocket, because sterling is flying high against the euro. In particular, the pound recently hit its highest versus the common currency in 2 years, or since August 21st 2012, at 1.2699.
What this means for you if plan to holiday in Portugal is that you’ll get more euros when you exchange currencies. Let’s say for example that you intend to spend £600 on a week in Portugal. With that sum, you’ll now receive +€85 more than if you’d done so 18 months ago, when the pound was weak.
So, that’s a+€85 more at no extra cost to you! With that money, you could extend your break in Portugal an extra night, splash out at a Portuguese restaurant, or simply enjoy a welcome saving. With this in mind, it’s a fantastic time to holiday in Portugal, as the strong pound cuts the cost of doing so!
By Peter Lavelle at foreign exchange broker Pure FX. For free expert currency advice when you book a holiday in Portugal, call me on +44 (0) 1494 671800 or email email@example.com. I’d be delighted to help.