A good deal on holiday cash

Natalie Stanton explains how to get the best deals when exchanging your pounds for holiday money.

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They had the right idea

Last Thursday, long queues stretched outside the UK's foreign exchange bureaux, as holidaymakers queued to swap their pounds before the referendum result on Friday. It wasn't a bad idea. Markets had almost completely discounted any chance of a vote to Leave, and in the ensuing panic sterling dived from above €1.302 to as low as €1.20-odds. But if you didn't join the scrum, there's no need to panic. You see, while those who were pictured queuing outside the high-street forex shops might have got their timing right, they probably didn't get a particularly good deal.

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Natalie joined MoneyWeek in March 2015. Prior to that she worked as a reporter for The Lawyer, and a researcher/writer for legal careers publication the Chambers Student Guide. 

She has an undergraduate degree in Politics with Media from the University of East Anglia, and a Master’s degree in International Conflict Studies from King’s College, London.