INTERNATIONAL: The pound is now worth less than the euro
By Independent (UK)
October 12, 2016
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INDEPENDENT (UK) – Holidaymakers at UK airports are being offered less than one euro to the pound as sterling’s value continues to plummet following UK’s vote to leave the EU.
Bureaux de change at 17 airports across the UK are showing the average rate available as just 99 euro cents to the pound.
Moneycorp at Southampton airport features the lowest rate, at just €0.88 to one pound, while the best rate is €1.06 at the Change Group at Glasgow Prestwick, according to a survey by currency exchange firm FairFx.
The US dollar rates were not much better.
The survey found that travellers were getting rates as low as $0.97 to the pound from ForExchange at Cardiff airport.
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