Last night the pound was worth €1.11, but kiosks at airports offer travellers far less for their money LOOP IMAGES/UIG/GETTY IMAGESExchange rates at airports have hit a low of €0.80 to the pound as the summer getaway begins this weekend. Bureaux de change have sought to profit from a slump in the value of sterling, which is at a six-month low against the euro and is close to a two-year low. Last night the pound was worth €1.11. Those who change money at airports are being hit hardest. If a customer exchanged £500 at a rate of €0.80 to the pound they would lose the equivalent of £138 compared with the market rate.

Source: The Times July 17, 2019 23:15 UTC