Wednesday , June 3 2020

Pound to euro exchange rate: GBP soars to two-week high despite coronavirus – latest | Travel News | Travel

Many may wonder whether it’s possible to now exchange the money back into pounds.

However, experts have warned that, given the closure of many bureau de changes and suspension of cash services, it may actually be best to hold on to travel money.

“If they can, holidaymakers might want to keep hold of their currency until their next trip and use it then,” Ian Strafford-Taylor, CEO of Equals (formerly known as FairFX), told Express.co.uk.

“For those using prepaid currency cards, they can spend their money back in the UK online or in stores, keep it for their next trip, or change it to a different currency altogether.”

Sacha Zackariya, CEO, Change Group International Plc, also agreed exchanging money may not be wise right now.


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