Half-term tourists benefit from weak dollar

School half-term holidaymakers will benefit from the weakness of the American dollar against the pound, the head of the travel money division of the Post Office said yesterday.

But those travelling to some parts of Europe will not be so lucky – the pound has hit a six-month low against the euro and its value has fallen more than 5 per cent in the last three weeks alone.

Trips to Turkey, in particular, could be pricey for UK tourists, with sterling at its weakest against the Turkish lira since the beginning of 2009, said Sarah Munro.

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Ms Munro added that UK tourists travelling to the US during the October half-term holiday would have almost 11 per cent more to spend than when sterling was at its weakest against the US currency in May 2010.

However, the pound is now worth 8.5 per cent less against the euro than at its 2010 high point in March.

The Turkish lira is the Post Office's third best-selling foreign currency but 1 now buys almost 8.4 per cent fewer than in May.

"Florida is a magnet for UK families during half-term and they can look forward to having more dollars in their pockets as they hit the Orlando theme parks as sterling is at its strongest for eight months," explained Ms Munro.