Pound euro exchange boosted by

“The short-term currency forecasts remain the same – a deal would see a sterling rise, possibly 2-3 percent, but a no-deal could see it fall up to 10 percent in the near future.”

Travel money experts from FairFX say these fluctuations are why Britons should be aware of relevant developments and how they may impact the amount of international currency they receive.

Ian Strafford-Taylor, CEO of FairFX said: “By the start of 2021, British holidaymakers will not only be experiencing post-Brexit travel for the first time, but they will also be contending with the latest travel restrictions, rules and regulations as a result of COVID-19.

“Now more than ever holidaymakers need to be aware of what the pound is doing and how it is responding to the world around us if they want to get the most of their money in the new year.”