The team compared the pound’s performance now with the Brexit referendum in June 2016.
Ian Strafford-Taylor, CEO of FairFX said: “By the start of 2021, British holidaymakers will not only be experiencing post-Brexit travel for the first time, but they will also be contending with the latest travel restrictions, rules and regulations as a result of COVID-19.
“Now more than ever holidaymakers need to be aware of what the pound is doing and how it is responding to the world around us if they want to get the most of their money in the new year.”
“The pound is currently being hit by the double-whammy fallout from COVID-19 and the Brexit transition period coming to an end, and both of these huge events which will not only change where people think about going on holiday but also how they spend their travel money when they get there.”
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