How A Weakest Pound Can Help You To Travel Freely?31/07/2019
There is no doubt the Pound Sterling is one of the strongest currencies in the world. If you compare other competitive currencies in the world, Pound comes second on the list followed by the US Dollar. Also there are plenty of advantages if you consider to use a weakest Pound as your travel money.
If you are considering to take advantages of the weakest Pound while you travel. It will certainly help you to save more money.
A weakest Pound is a sign of a blessing for you. As the Brexit is highly likely happen by the end of October.
According to a latest forecast revealed by The Guardian estimates that you will receive plenty of benefits from it.
Also there are plenty of advantages if you choose to travel with a weaker Pound. One of the biggest priorities you will receive is more purchasing power.
According to currency conversion website XE.com reveals current conversion rate from British Pound to Euro is 1.09 (at the time of writing).
In May it was almost €1.20. Conversion rate between Pound to Euro is almost similar during July.
Fiona Cincotta, a senior market analyst told The Guardian “The pound is beginning to look scarily cheap, with investors positioning themselves for a rocky few months before the next Brexit deadline”.
So, if you are considering to pay for your hotel using Credit Card or even Debit Card. You don’t need to worry about additional overseas charges.
A great financial relief for you while you travel abroad.
But it is advisable to check with your card provider for their interest rates abroad. Otherwise you have to pay large amount of fees when you return.
Similar rule applicable for a tourist who is also considering to travel in UK within this short period.
Additionally, it is a summer period. It will definitely help you save money while you considering to travel abroad.
You can spend more money on your shopping too. There are also chances you will find most of the holiday deals more cheaper in abroad. If consider to buying it online before your departure.
According to Daily Express, there some of the lovely tourist destinations in Europe you can consider to travel.
However, The Sun reveals there are some places you can consider to make a swap with.
Also a weaker Pound conversion rate means at least there are some joy for you while you travel abroad.