This time last year the Pound to South African Rand interbank rate stood at 17.98, today its at 22.00 a 22% increase in travel money for the lucky ones that intend to holiday there.
Today's Best South African Rand home delivery exchange rate is offered by Travel FX at 21.5200. £750 buy's you £16,140 Rand. (2nd March 2016)
However those brits who intend to travel to a Eurozone holiday destination will find they have less to spend this year due to currency fluctuations between the Pound and Euro.
This time last year one UK Pound would buy you 1.38 Euros but based on today's rate the value of the Pound has dropped by 8% against the single currency. This will not be welcomed by Brits who are already cash strapped from the ongoing financial crisis which started back in 2008. Maybe its time to switch holiday destinations for us Brits?
Will it be Viva Espania this year or South Africa: Inspiring new ways...
