Pound euro exchange rate: GBP tumbles amid lockdown negativity – travel money advice | Travel News | Travel

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Lynn continued: “This could mean you lose 10-20 percent of the value due to fees.

“To avoid this scenario, minimise the amount of cash currency you take out before travelling and use a travel debit card instead.”

He also advised travellers with holidays booked in the next two months.

“If you have a holiday booked before February half-term it’s unfortunately very unlikely that this will go ahead due to the newly announced third lockdown.

“My advice would be not to cancel your trip, however, but to move your flight to a later date such as in March or April, or even the Summer when travel might be possible.

“This could save you a lot of cash if you booked your original flights in the last few months when they were good value due to the uncertainty of the current situation.”

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