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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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@VollerMartin the direction the planes take off changes according to wind direction #FunFactFriday
@robopigeon thanks will pass this on, have a great flight!
@robopigeon will do, can you let us know what device you're trying to log in with?
@r1b1ker Thanks for feedback, we'll certainly pass this on to the team.
@CRHB87 sorry to read this, this isn't the kind of experience we want our passengers to have. We'll pass on your feedback.
@r1b1ker Thanks, are you able to provide further feedback so we can pass this on?
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@ajkiddle Have a great flight!
@ajkiddle Welcome, where are you flying to today?
@IanSymes We're working on it, thanks for your patience.
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