Pound to euro exchange rate: GBP struggles as election jitters hit currency

Travel money spending tips

So, what does this all mean for holidaymakers looking to change their money?

For Britons jetting off in the near future, the Post Office is currently offering a rate of $1.1253 for £400 or more, or a rate of $1.1427 for £1,000 or more.

While the exchange rate is never simple to predict, travellers can do their bit by keeping up-to-date on developing news stories and political changes.

If rates are looking particularly good, plan ahead and change your money in advance.