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August 24, 2015
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South East Europe: Cyprus, Slovenia Offer Best Value Within Eurozone


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New research by John Lewis Foreign Currency finds the pound is strongest against the lira, with Cyprus best value in the Eurozone.

Turkey is the best value for money holiday destination at the moment, new research by John Lewis Foreign Currency has found. The spending power of sterling has increased by 14 percent over the past six months.

Currency hotspots

COUNTRY CURRENCY VALUE INCREASE FOR THE POUND OVER PAST SIX MONTHS
Turkey Lira 14,2 percent
Australia Australian Dollar 8,8 percent
Mexico Peso 8,7 percent
Japan Yen 8,2 percent
Cyprus Euro 7,0 percent
Slovenia Euro 6,1 percent
Finland Euro 5,6 percent
Italy Euro 5,6 percent
Germany Euro 5,6 percent
Austria Euro 5,5 percent
Canada Canadian Dollar 5,4 percent
Malta Euro 5,2 percent
Slovakia Euro 5,2 percent
Estonia Euro 5,2 percent
France Euro 5,1 percent
Latvia Euro 5,0 percent
Greece Euro 4,9 percent
Luxembourg Euro 4,9 percent
Ireland Euro 4,9 percent
Portugal Euro 4,8 percent
Netherlands Euro 4,7 percent
Spain Euro 4,5 percent
Belgium Euro 4,4 percent
Lithuania Euro 4,4 percent
Switzerland Euro 4,3 percent
Croatia Kuna 3,9 percent
Iceland Krona 2,3 percent
USA Dollar 1,6 percent

Table has been adjusted for inflation

Euro remains popular
A weak euro has helped increase the spending power of sterling across the Eurozone and the currency remains the most popular with British holidaymakers.

Perhaps more surprisingly over the past six months the dirham currency used in the United Arab Emirates and the Danish Krone have fallen out of the top 10 most popular currencies to be replaced by the Icelandic Krona and the Japanese Yen, according to John Lewis Foreign Currency’s research.


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