Pound dollar tourist exchange rate

British holidaymakers seeking to make the most of their money while abroad should point their travel plans in the direction of the United States, according to new figures. The exchange rate between sterling and the US dollar is currently at a five-year high in favour of British currency — and tourists with an eye for bargains are being urged to cross the Atlantic while the situation holds. Grab them while you can: The pound is currently trading at a five-year high against the US dollar.

Money A2Z

British Airways has compiled a list of luxury items which are potentially a little more affordable thanks to the current weakness of the dollar — including high-end jewellery, expensive trainers and computer technology. Big destinations, big savings: British travellers can expect more for their money in both New York and Dubai.

Travel Exchange Rates | OANDA

Price-conscious tourists are also being advised that, because the US dollar is often used as a marker currency, several other destinations have also become far cheaper. Because the East Caribbean Dollar is pegged to its US counterpart, Antigua is also cheaper.

Some 21 currencies — including the Barbadian dollar, the East Caribbean dollar, the Hong Kong dollar and the United Emirati dirham — are all pegged to the US dollar. This means that budget-stretching breaks for Britons are currently available from the stylish hotels of Kowloon to the resorts of Sharjah via the sandy beaches of Antigua.

Specifically, eight different countries use the East Caribbean dollar — opening up the prospect of extra value for your holiday money if you are currently planning a trip to any of Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Anguilla and Montserrat. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.

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