As anyone who flew to New York on a pre-Christmas shopping trip last year will know, the strength of the pound is an important factor in determining holiday destinations, writes Alex Olorenshaw.
New figures released by the Post Office suggest that this year we should head to South Africa if we want to truly stretch our sterling. In the past 12 months, the pound has strengthened against the South African Rand more than any other currency - by nearly 21%.
If you want to holiday nearer to home, then you might be interested to hear that the pound buys 13.45% more Turkish Lira than it did last year. According to the Post Office's table, the currencies of the UAE, the US,Mexico,Egypt andCanada all fell by at least 10% against the pound. So there are bargains to be had, as long as you don't mind profiting at the expense of other economies ...
