Turkey looks like being the best place to go if you want to get more for your £ this year

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If you haven’t booked your holiday yet this year – if you’re thinking of a last minute booking or are planning to go later in the year – you might want to consider Turkey as an option.

That’s because it’s one of the few places where you will get more for your pound than you did last year.

With the fall in the value of the pound since last June’s Brexit referendum, many places have become more expensive for Britons to visit.

That includes practically everywhere in Europe as well the US, Australia, New Zealand and many parts of Asia.

Chris Saint, a senior analyst at Hargreaves Lansdown Currency Service, said the pound’s slide against the euro means a family could end up paying £141 more now to get the same amount of euros that they could have got a year ago for £1,000.

He said those travelling to South Africa could find themselves among the worst hit, following the post-Brexit vote slide in the pound.

Mr Saint said: “To get the same amount of rand as £1,000 would have bought on the eve of the referendum, you would need to fork out £1,300 now.”

He said the Turkish lira is one of the few currencies where holidaymakers’ pounds now go further than they did in June 2016.

Mr Saint continued: “Many British holidaymakers could be in for a shock when they tot up the final cost of their trips abroad this summer.”

He added: “Another downside of a weaker pound is of course rising inflation which is leading to a squeeze on consumer incomes.

“The silver lining to a weaker currency however is that it makes UK produced goods more competitive on the export market, which should give a boost to British industry.”

The figures

Here is how much holidaymakers face paying now to get the same amount of foreign currency that £1,000 would have bought them a year ago, in June 2016, according to analysis from Hargreaves Lansdown Currency Service:

South African rand, £1,300

Russian ruble, £1,281

Taiwan dollar, £1,223

Indian rupee, £1,212

Thai baht, £1,203

Czech koruna, £1,181

Polish zloty, £1,180

Hungarian forint, £1,164

New Zealand dollar, £1,164

Australian dollar, £1,163

US dollar, £1,160

Hong Kong dollar, £1,153

Danish krone, £1,142

Euro, £1,141

Swiss franc, £1,140

Singapore dollar, £1,123

Norwegian krone, £1,121

Canadian dollar, £1,121

Japanese yen, £1,102

Malaysian ringgit, £1,090

Swedish krona, £1,087

Turkish lira, £948



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