16 July 2012 Last updated at 12:10 ET

Travel money boost for UK tourists as euro falls

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Pound Sterling v Euro

Last Updated at 24 May 2013, 15:16 ET

£1 buys	change	%
1.1701	+ +0.00	+ +0.17

UK holidaymakers going to the eurozone are getting 15% more for their money than a year ago, figures show.

Jitters about the debt crisis across Europe have knocked the euro and pushed the wholesale rate for sterling up to levels not seen since October 2008.

The pound rose to 1.2745 euros on Monday, another high for 2012 so far.

Consumers would get less than that at a bureau de change, with High Street rates at about 1.21 euros to the pound.

Holidaymakers can find offers of over 1.24 euros to the pound by ordering the currency online.

Three years ago some foreign exchange counters were giving less than one euro for each pound.

However, the situation is different with the dollar. Travellers heading over the Atlantic will find that sterling buys them fewer dollars than a year ago.