The Post Office City Costs Barometer Reveals Travel Money Bargains in Eastern Europe

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Favourable foreign currency rates see UK holidaymakers travel outside EU

The pound's ongoing lacklustre performance against the euro means UK holidaymakers are looking for holiday destinations that will help their travel money go further.

Research from Post Office Foreign Exchange conducted throughout 2009 has revealed that UK travellers have been increasingly looking to holiday outside of the eurozone, given favourable foreign exchange rates and lower costs of living currently available in non-euro locations.

The Post Office City Costs Barometer - which measures the equivalent foreign exchange costs of typical tourist items in various countries - has found that a visit to Eastern European destinations can help UK holidaymakers' travel money stretch further.

The Post Office foreign currency research found that Tallinn, Budapest and Warsaw offer good deals for UK holidaymakers looking to get the most out of their travel money .

For example, taking current foreign exchange rates into account, a typical cup of coffee costs just £1 in Budapest and £1.29 in Tallinn, while a three course meal for two complete with bottle of house wine in a local restaurant costs £20.83 and £44.98 respectively. The Post Office foreign currency research also finds that these destinations make travel money go further on accommodation, with a one night stay for two in a three star hotel costing £90.12 in Budapest and £89.44 in Tallinn.


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Melanie Seasons

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