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Pound flies to reach one-year high against Euro

24/01/2014

The Pound has soared to reach a one-year high against the Euro, following the news that the UK unemployment rate has dropped to 7.1%.

This news provides strong indication that the UK economy is well on its way to recovery, which has fuelled confidence in the Pound and led to a boost in its strength. Compared to March 2013, the Pound has increased by seven per cent against the Euro, meaning an extra €38 for every £500 exchanged. 

David Swann of Travelex comments: “The Pound’s high is well-timed for those suffering from the January Blues and looking to get away. With the UK economy seemingly on the mend, British holidaymakers can hope their Pounds will stretch further abroad in 2014.”

For those looking to make the most of the Pound’s current rate against the Euro, the Multi-currency Cash Passport allows users to lock in an exchange rate ahead of their trip. It is chip and PIN protected meaning their holiday money will be safe in the lead up to and during their trip
 
Travelex operate 3 stores at London City Airport and 11 ATM’s to cater for all our travel money plans.

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@jamiemcp Is there anything we can help with?
@TriciaKing1 Have a great flight, where are you travelling to?
@John_J_C_Moss Hi there, the airport closes at 12.30 on Saturdays.
@kiryukun DM us with more detail and we can get the team to look into it for you
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@chelvet Hi we're keeping people informed and vigilant, ensuring basic health and safety practices, keeping a sense of perspective.
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@FFA1908 4pm-7pm is our peak period but a normal service is running today so you shouldn't experience any queues.
@AlexLowit Enjoy, where are you flying to?
@Tmckinnin Looking good today, 18 degrees and blue skies! http://t.co/AIUsfDrQjZ
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