Sterling's strength makes Euro-breaks more affordable

Sterling's recent rise in value against some currencies has improved the affordability of holidays to central Europe and the honeymoon destination of the Seychelles.

Since February 2010 the pound has risen against the euro by over 5%, improving the attractiveness of holidaying in Greece, Spain, Portugal and other Euro-countries this summer.

Malaysia and Japan are less affordable as the pound has fallen against the ringgit and yen.

Holidaymakers wishing to maximise their spending whilst abroad can save even more money on their foreign currency by using the new Halifax Clarity credit card, which doesn't charge a foreign exchange fee on any transactions or for withdrawing cash at home or abroad.

Mark Powys, Halifax Credit Cards, comments: "Whilst Sterling has gained against several currencies in 2010, it has also fallen against many others.  For those planning a short break in Serbia or Hungary, a honeymoon in the Seychelles or even a safari holiday in Kenya, the rise will make their stay more affordable.

"Holidaymakers can help make their money go even further by choosing the right card for spending abroad. Credit and debit cards have some of the most competitive exchange rates, but to get the best rates holidaymakers should look for cards that don't charge any fees for use abroad. The Halifax Clarity credit card is one of the best on the market as it doesn't charge a foreign exchange fee on any transactions, including all purchases, anywhere you are in the world, and in addition it also won't charge for withdrawing cash at home or abroad."