Europe is still most popular destination for UK holidaymakers

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Foreign currency research from the Post Office reveals holidaymakers may get more for their travel money across Europe in 2010

A recent report has found that Europe remains the most popular destination for UK holidaymakers Around 36 per cent of people across the UK holidayed in the continent last year, and foreign currency research from the Post Office has revealed even more reasons why those planning a holiday in 2010 might consider resorts across Europe including the eurozone.

Compared to last year, sterling has risen in value against almost every European foreign currency . Additionally, the annual Holiday Cost Barometer, a foreign currency information survey about holiday costs published by the Post Office, reveals details on why sterling may now stretch further even further in some European destinations.

The Post Office foreign currency research reveals that stronger sterling foreign currency exchange rates against the euro, combined with price cuts across the eurozone, means that UK holidaymakers travel money will go further in countries such as Spain and Portugal this year.

Sarah Munro, Post Office Head of Travel Money said: "The Post Office Worldwide Holiday Costs Barometer research has revealed an underlying reduction in eurozone prices and, when you add the improved foreign currency exchange rate to this, the outlook looks relatively sunny for UK holidaymakers."

However, as always, when travelling anywhere abroad, the Post Office urges UK holidaymakers to make sure they arrange their travel money in advance of travel. Buying foreign currency before jetting off on holiday will avoid higher commission fees from airport or overseas Bureau de Change outlets.


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