Are you thinking of taking a relaxing break in Kefalonia at Vassaliki Naturist Club? If so, you may be pleased to know that you’ve now got an extra reason to do so, because the pound has hit a record high versus the euro, meaning you’ll get more spending money when you exchange currencies.
To be specific, sterling recently hit its strongest against the common currency in 28 months, or since July 2012, at 1.2867. If you were to exchange £1,250 to spend a fortnight in Kefalonia, this means you’d now have €180 more than if you’d done so 18 months ago, back in March 2013, when the pound was weaker.
So, with the extra euros, you could extend your break with Vassaliki Naturist Club a little longer, splash out in Greece, or really do whatever you like!
Moreover, you may soon receive even more spending money when you visit Kefalonia, if the pound continues to climb. Sterling could jump further against the euro, because European Central Bank chief Mario Draghi intends to print vast sums of money to rejuvenate Europe’s economy, which will devalue the common currency in the process.
With this in mind, taking a break at Vassaliki Naturist Club is currently extra nice, as the strong exchange rate means you’ll receive more euros!
By Peter Lavelle at foreign exchange broker Pure FX. For free expert currency advice when you holiday in Greece, call me on +44 (0) 1494 671800 or email email@example.com. I’d be delighted to help.