Going on holiday can be expensive. You might have saved up for the flight tickets and the accommodation, but buying groceries, clothes, eating out, or getting gifts in another country can be an unexpected expense.
However, you can make choices that can ensure you have a more affordable holiday – travelling somewhere where the pound is strong means you can get more for your money. This might cushion the blow a bit and help you enjoy spending abroad.
The data experts at NetVoucherCodes have created a currency exchange tool so holidaymakers can find out which destinations they’ll get more bang for their buck.
The tool pulls in monthly exchange rate data from each major currency around the world and compares its strength to the Great British Pound.
For November 2024, here are the countries where you get more bang for your buck.
Argentina:
First up is Argentina, though the South American country is quite far away for Brits, spending time there isn’t as expensive as currently the pound is up 299.61 percent against the pesos meaning for every one pound you can get 1,276 Argentine Pesos.
The country has seen multiple instances of devaluing its currency due to economic issues so Brits looking for a cheap holiday where they can sample some of the best wine in the world and go on breathtaking hikes need look no further.
Egypt:
Another country on the list that’s come out second is Egypt. In February the country saw its currency dip against the pound.
This resulted in the Great British Pound strengthening against the Egyptian Pound by 67.75 percent over the last year.
Egypt has long been a hotspot for Brits looking to soak in some winter sunshine and boasts some of the best historic landmarks in the world. The data reveals that now might be a good time to visit.
Malawi:
Third on this list is Malawi, one of Africa’s premier safari destinations, which offers incredible value for British travelers thanks to a favorable exchange rate against the Malawian Kwacha.
Boasting 11 national parks and wildlife reserves, the country is a haven for those eager to experience Africa’s iconic wildlife. However, to fully capitalize on the stronger pound, travellers might consider bypassing UK-based safari providers.
By planning and booking their safari itinerary directly through local operators in Malawi, visitors can unlock significant savings while supporting local businesses.
Turkey:
Next up we have Turkey, the popular holiday destination which has much to offer in terms of historical sites.
The country has become an even more attractive destination for British travellers, with the Turkish lira losing 28.22 percent of its value against the pound over the past year.
This makes now the perfect time to explore the dynamic city of Istanbul, where East meets West in a fusion of rich history, diverse culture, and incredible cuisine.
Rebecca Bebbington, personal finance expert at NetVoucherCodes has put together some tips on how to save money when travelling abroad: “My ultimate tip for travellers is to consider using a credit card that doesn’t charge you when abroad such as a Wise card. These cards allow you to hold multiple currencies in a single account, avoiding hefty conversion fees when spending money at restaurants or taking money from an ATM. It uses real exchange rates and comes with a user-friendly app for tracking spending and setting budgets.”