England fans score currency goal
25 February 2014 09:08
Magnificent Maracana: Brazil's most iconic football stadium is among the venues hosting the World Cup this summer
Cash-conscious England football fans travelling to Brazil for the World Cup this summer will be on to a winner, regardless of results on the pitch.
They will be getting a third more for their money than they would have done a year ago, according to a Post Office travel money study.
The Brazilian real is one of several currencies that has crumpled against the pound recently.
This time last year, fans travelling to Brazil would have got 2.7 real for £1. But the rate today stands at about 3.61 - a jump of over 33%.
England followers can't guarantee the results for Roy Hodgson's men, but they can assure themselves peace of mind by booking comprehensive
travel insurance. This covers things such as emergency medical cover, luggage and money, travel delays, personal liability and legal costs.
The pound has strengthened against every one of the leading 40 favourite currencies, the study showed.
South Africa, where the rand has collapsed by over 36% against the pound in the past year, and Indonesia, where the pound is 33.4% stronger, are other countries where UK tourists are enjoying much improved rates. Turkey-bound holidaymakers now get 33.1% more lira than in February 2013.
The pound has also substantially strengthened against the local currencies in Russia, Jamaica, Australia, Thailand and Peru.
The euro, today at about 1.17 to the pound, has slipped 5.6%, while the pound is 9.6% stronger against the US dollar than 12 months ago. The smallest rise against the 40 major currencies was the Swiss franc. which has weakened by 4.5% since February 2013.
Post Office Travel Money's Andrew Brown said: "UK tourists can look forward to having more spending money in every holiday hotspot this year and they will be even better off if they pick a destination where local prices are down."
With its carnival atmosphere, sumptuous beaches and tourist hotspots such as Sugar Loaf Mountain and the Christ the Redeemer statue, Rio, which boasts the magnificent Maracana Stadium, should be a favourite among fans.