Thailand Hits the Top 10 for Bestselling Foreign Currency in 2009

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Research from the Post Office reveals the best-selling foreign currencies

UK holidaymakers need to be careful to get their foreign currency in advance as leaving it late and changing travel money at the airport or in overseas ATMs means wasting hard-earned cash. They should also consider taking a pre-paid Post Office Travel Money Card loaded up with extra cash, in case they run out while overseas.

According to Post Office Travel Money research, Thailand is fast becoming one of UK holidaymakers' most popular destinations. The UK's largest foreign currency exchange provider revealed that purchases of Thai baht foreign currency grew by 15 per cent in 2009, when compared to foreign currency sales from the previous year.

Even though the euro and the dollar still hold first and second place in the top 10 foreign currency bestsellers, an increase in sales for the Thai baht shows Thailand, which was 2009's and 2010's cheapest long haul country, is becoming an increasingly popular holiday destination .

The Post Office research showed that the combination of stronger sterling foreign currency exchange rates combined with lower tourist prices makes Thailand a great value destination to help UK holidaymakers' travel money go further.

UK travellers venturing to Thailand in 2009 were able to take advantage of favourable foreign currency exchange rates through the year. According to the Post Office Long Haul Barometer, a survey that compares foreign currency exchange rates for long-haul destinations from the UK, found that a cup of coffee would cost holidaymakers just £0.50.

For any holidaymakers considering a trip to Thailand in 2010, Post Office Travel Money recommends arranging foreign currency in advance.

Sarah Munro, Post Office head of travel services, said: "UK holidaymakers need to be careful to get their foreign currency in advance as leaving it late and changing travel money at the airport or in overseas ATMs means wasting hard-earned cash. They should also consider taking a pre-paid Post Office Travel Money Card loaded up with extra cash, in case they run out while overseas."

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