LONDON – A UK Value-For-Money report has placed Australia at the bottom of a list of countries offering best value for those exchanging UK pounds for local currencies.
According to the UK Post Office Long Haul Report, which looks at foreign currency exchange rates and typical holiday costs, destinations in Asia offer the best value for this year’s (northern) winter sun trips.
UK holidaymakers’ travel money will stretch further in Thailand, which tops the list, followed by Bali and Malaysia.
The Post Office Holiday Cost Barometer, which surveys typical holiday prices abroad, found that UK holidaymakers’ travel money won’t go as far in Europe or the bottom-ranked destination, Australia, where the Aussie dollar has appreciated strongly against the UK pound.
UK travellers’ foreign currency will buy a coffee for only 50p in Thailand or £1.05 in Bali, making sterling foreign currency exchange for these locations a good option, when compared to Kenya where the cost of a coffee is £1.63.
When it comes to both cost and value for money, Thailand, Bali and Malaysia are the top three hot spots this (northern) winter.
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