California Dreaming? ; How to Take a Holiday That Won't Turn Into a Nightmare When You Get Home and Add Up All the Cash Charges

Summary

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HOLIDAYMAKERS who bought Pounds 500 worth of US dollars in March received $1.92 to the pound. Now the rate is $1.77, so the same number of dollars would cost Pounds 40 more. The situation is worse for those buying Turkish lire or Canadian dollars.

But even if you haven't a clue whether the lire is leaping or the baht is bottoming out, JO THORNHILL has some simple tips to make sure your holiday is a memorable one for all the right reasons.

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California Dreaming? ; How to Take a Holiday That Won't Turn Into a Nightmare When You Get Home and Add Up All the Cash Charges

Ready cash

The first golden rule is to have some local currency, preferably in small notes, when you arrive at your foreign holiday destination. Most international airports have cash machines as well as bureaux de change, but they rarely offer a good exchange rate and there are often other charges.

For those who want to change money before they travel, there is no longer any...

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