Currency Index News

Brits in the dark over currency conversion

Brits in the dark over currency conversion

New research from the DCC Forum highlights UK consumers’ ignorance around foreign currency exchange rates. The research, released today to mark the launch of the DCC Forum, was conducted with YouGov across more than 2,000 UK consumers and asked Britons to convert £1 into its equivalent value in euros. Only one in ten respondents provided an accurate estimation, identifying that £1 converts to roughly €1.4.

European holidaymakers at unnecessary risk using cash abroad

European holidaymakers at unnecessary risk using cash abroad

2nd Aug 2012 Press Release Organisations & Operators

Many Europeans will put themselves at risk of losing money they cannot replace when holidaying abroad this summer by continuing to carry significant amounts of cash with them while away. According to MasterCard Europe, despite spending the equivalent of a full working day planning for their holiday in an effort to ensure maximum peace-of-mind and control of both time and money, holidaymakers are failing to see the benefit of opting for cards over cash.

Brits waste £800m a year on un-exchanged currency

Brits waste £800m a year on un-exchanged currency

24th Jun 2010 Press Release Tourism News

A new study by the UK’s fastest growing online independent travel agent has looked into the amount of money tourists are losing out on by not exchanging their left-over foreign money back to British pounds, after returning from their holiday.