Travellers exchange money early-170708

Most British leisure travellers are exchanging currency in advance of their trip, new research has found.

According to Marks & Spencer Travel Money, 69% of people get their foreign tender before travelling abroad.

Fraser Millar, head of travel services at the group, has welcomed the findings, saying it is "always a good idea" to exchange money ahead of the actual holiday.

He commented: "It's encouraging that so many holidaymakers are buying their travel money in advance."

Mr Millar said exchanging money early would allow people to take advantage of the most competitive rates on the high street.

The Post Office recently reported that it has seen a surge in demand for Turkish currency among British consumers during the last few months.

This has been attributed partly to rising value of the euro against the pound, as it has made trips to eurozone countries more expensive.

By contrast, the Post Office believes that Turkey is one of the "best-value" destinations in Europe.
 

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