Looking for a last-minute autumn break that won’t break the bank? Or maybe you’re already thinking ahead to getting some winter sun?
Look at where the pound has performed well over the long run and you can find destinations where your travel budget could go further.
Currency shouldn’t be an afterthought when it comes to holiday planning – choosing a destination with a better exchange rate means the cost of accommodation, shopping and dining out will cost you less.
Yes, some of these destinations might take a longer flight than hopping over to the usual European haunts but the difference in exchange rates mean your pounds can go much further.
Malaysia’s proximity to the equator provides hot and humid weather year-round. The warm weather means that the waters around the Malay Peninsula are perfect for scuba diving whatever the season. Exchange rates have improved recently, over the long-term you’ll get 9% more than you would have four years ago.
That works out at an extra 510 Malaysian Ringgit for every £1,000 exchanged, in other words an extra £91.
?? South Africa
Distinguished by natural beauty with its rugged landscape and coasts, plus game reserves and wine routes, a trip to South Africa will take your pound 12% further than it did four years ago. It’s not peak season in South Africa yet so you’ll also find prices and hotels a little cheaper at this time of year.
A slightly colder destination, but still plenty of fun on offer. Head north in Sweden to see the northern lights or head to Stockholm to enjoy the capital’s historic architecture and its modern buzz. Your pounds will get you 3% more Swedish Krona than four years ago.
Brazil offers 17% more for the pound than in 2013, that works out at an extra £166 for every £1,000 exchanged. Spend your time relaxing on Brazil’s powdery white beaches or follow a tour guide into the deep forests, or get a great view of Rio de Janeiro from atop Sugarloaf Mountain. October marks the start of warmer months in Brazil with temperatures in the mid 20s.
Described by the Lonely Planet as “one of the most beautiful countries on earth”. The Scandinavian destination boasts mountains, glaciers, coastal fjords and the northern lights. While it’s known for its high cost of living, holidaymakers will find their pound goes 9% further than it did four years ago.
Visit the Red Square or Sochi’s Olympic village on a trip to Russia. The pound now goes 33% further than four years ago, meaning you get over an extra £300 worth of rubles.
Chile’s capital, Santiago, sits in a valley surrounded by the snow-capped Andes and the Chilean Coast Range. Your pounds will go 4% further compared to 4 years ago, perfect for treating yourself to an extra few bottles of the region’s best reds.
Argentina offers stunning waterfalls, glaciers and a vibrant capital in Buenos Aires. The pound goes nearly 60% further today than it did four years, meaning plenty more empanadas and dulce de leche for your travel money.
And while the pound has struggled against popular currencies such as the euro and the US dollar since the Brexit referendum last summer, the pound is actually 1% stronger against the euro and 8% stronger against the dollar than this time last year.
There’s no need to rule out the US and Eurozone entirely, just make sure you follow these simple tips to help your money travel further.
Travel further this year by planning like a pro
Follow our tips on planning your holidays like a pro and your money will travel much further this year. Even if flight prices do go up and down from one day to the next, you and your family can still experience more with some smart planning.
? Currency tip: You book the flight and hotel in advance but leave travel money to the last minute – that’s a mistake. Sign up to our Rate Alert service to find out when the exchange rate is in your favour. Better still, look at destinations where your pounds will travel further.
? Accommodation tip: Many hotel comparison sites won’t show you the actual price you pay until the final step. Make sure that you’re comparing like for like rates, including any local taxes or charges for card payments.
? Dining tip: Eating like a local throughout your trip will mean that you can enjoy more for your money. Try out the restaurants that are full of locals or, if you are feeling adventurous enough, restaurants that don’t even have menus written in English.
Social dining for travellers is a modern way to experience traditional cuisine in people’s homes, cooked and shared by locals themselves. Platforms like VizEat connect travellers and local hosts in more than 70 countries.
Check out our full list of tips on how to travel further this year by planning like a pro.
Thinking of long-haul for a better value winter break? Manage your travel money with ease whilst you’re away and feel at home anywhere in the world with a FairFX Everywhere Card. Load pounds and automatically spend in the local currency.