Pound to euro exchange rate: Sterling muted – but could everything change this week?

According to the Post Office, some of the holiday hotspots that see the pound go further include Chile, South Africa, Mauritius and Turkey.

The pound is stronger against all of the local currencies in comparison with last year.

Britons heading to Chile can receive a cash bonus of £87 extra for every £500 worth of Chilean peso they purchase.

As for South Africa, in terms of the exchange rate, UK visitors will get over 10 percent more South African rand than a year ago, which will put an extra £47 in their pockets when they change £500.

source: express.co.uk