Opodo travel news

Brits hoarding £170m in foreign currency

22 Aug 2007

Brits returning from abroad with the remains of their holiday money in their pocket have accumulated a staggering £170m in foreign currency, according to new research.

A leading online travel and leisure firm found that Britons are choosing to hang onto their foreign currencies until their next trip abroad, rather than paying the exchange rates and commissions to have them converted back into pounds.

Four in ten people had up to £35 in Euros in their savings pot, while 11% had even more than that. With the current weakness of the dollar though, Brits aren't so eager to hang on to them, with only 11% keeping between $1 and $50, and 14% keeping more.

With Britons taking more holidays abroad each year than ever before and the acceptance of the Euro throughout most of Europe, it can be easier and cheaper to hold on to any coins and notes left over after a break, and put them towards next year's holiday spending money.

Click here to plan and book flights, hotels, city breaks, rental cars and holidays with Opodo.


ADNFCR-408-ID-18254509-ADNFCR© Adfero Ltd

Rate this article (5 – great; 1 – terrible):
Search news

Quick search








 








Sign up to our newsletter for the best deals and competitions