Call us today on
01273 225 070
Brits heading to European destinations such as Amsterdam or Dublin can help keep the cost of their trip down by being money-savvy, it has been claimed.
According to MoneySupermarket.com, those travelling abroad can beat the narrowing euro-pound exchange rate by carrying out some research online.
Travel money expert for the website Peter Harrison warned that while many retailers offer zero per cent commission, there can be disparity in the cost of euros between vendors.
"What you normally see is that your high street retailers and mainstream banks do actually have a greater margin - you get a less competitive exchange rate than you can get elsewhere," he explained.
Mr Harrison added that stag party members might also benefit from the "very competitive exchange rates" offered by pre-paid cards.
His comments come after the euro fell to 1.084 against the pound on Monday (September 28th).
Sterling's peak against its continental counterpart was in January 2007, when the pound was worth 1.50687 euros.