February has been a rollercoaster for exchange rates, and if you’re planning a trip soon, you’ll want to know how this could affect your travel money. Let’s break it down in simple terms—what’s been happening with currencies this month, what’s coming up in March, and how you can get the most for your pounds.
💷 Pound vs. Euro (€) – If you’re heading to Spain, France, or Italy, the pound has been holding steady against the euro but with a bit of a wobble. Talk of potential trade tensions between the UK, Europe, and the US has put some pressure on the euro, which means you might get a little more holiday money when exchanging your pounds.
💷 Pound vs. US Dollar ($) – Thinking of a Florida theme park adventure or a shopping spree in New York? The pound struggled a little against the US dollar after the US economy showed unexpected strength. But don’t panic—analysts predict some corrections in March, meaning you might get a slightly better rate if you wait a little longer to exchange.
💷 Pound vs. Turkish Lira (₺) – Turkey continues to be a favourite for Brits looking for a budget-friendly getaway, and the Turkish lira has remained weak, meaning your pound will go further. However, inflation in Turkey is creeping up, so rates could be more unpredictable in March.
💷 Pound vs. Thai Baht (฿) – If you’re escaping to Thailand’s beaches, be aware that the baht has strengthened slightly, making it a bit pricier for Brits to buy. That said, Thailand is still one of the best-value destinations for holidaymakers.
💷 Pound vs. Japanese Yen (¥) – Planning a cherry blossom trip to Japan? The yen has been gaining strength due to positive economic news in Japan, making it a more expensive destination. If you’re travelling soon, it may be worth buying your yen sooner rather than later.
🌍 US Tariffs & Trade News – Discussions around new tariffs from the US could impact global exchange rates. If these go ahead, we might see further shifts in the pound versus the dollar and euro.
🏦 Interest Rate Decisions – The Bank of England and other central banks will be reviewing their interest rates. Any unexpected moves could shake up currency markets.
📈 Inflation & Economy Updates – Inflation continues to be a hot topic, especially in Turkey and Thailand, which could influence how much their currencies fluctuate in the next month.
While February had its ups and downs, the outlook for March suggests some opportunities to grab a good deal—especially if you’re travelling to Turkey or the Eurozone. As always, keeping an eye on exchange rates and shopping around for the best deal is key to making your holiday budget stretch further.
💶 Buy Euros (€)
💵 Buy US Dollars ($)
🇹🇷 Buy Turkish Lira (₺)
🇹🇭 Buy Thai Baht (฿)
🇯🇵 Buy Japanese Yen (¥)
Compare Travel Cash is a price comparison service that’s designed to help you save money – While we do our best to ensure the site is 100% up-to-date, we cannot guarantee this.
We advise you to carry out your own due diligence before buying or selling travel money.
