Holidaymakers hit by poor airport rates as great summer getaway begins

20 Jul 2018 As the great summer getaway begins in earnest this weekend, holidaymakers are being warned to plan ahead to avoid being stung by scandalous exchange rates at the airport as they are offered rates up to 20% lower than the market rate for euros, meaning travelers could end up losing out, says travel money expert FairFX.

New research by FairFX found that holidaymakers leaving their currency exchange until the last minute could lose over £100 worth of euros for every £500 exchanged, thanks to poor exchange rates at the airport.

Holidaymakers heading away as the schools break up for summer could be losing out on holiday cash by leaving it until they get to the airport to get their holiday money.

In some airports, currency exchange desks were offering as little as €0.89 euros to the pound, compared to live market rates of €1.117.

FairFX’s airport rate check – euros:

Airport Provider Euro Airport Rate

Euro Market Rate

Difference 

Difference in £

Belfast ICE

1.0200

1.11707

-8.69%

 £43.45

Birmingham Airport ICE

0.9800

1.11707

-12.27%

 £61.35

Bristol Moneycorp

0.9670

1.11707

-13.43%

 £67.17

Cardiff ForExchange

0.91

1.11707

-18.54%

 £92.68

Doncaster Robin Hood ICE

1.03

1.11707

-7.79%

 £38.97

East Midlands Travelex

0.92

1.11707

-17.64%

 £88.21

Edinburgh ICE

0.9625

1.11707

-13.84%

 £69.19

Gatwick Moneycorp

0.9439

1.11707

-15.50%

 £77.51

Heathrow T3 Travelex

0.9321

1.11707

-16.56%

 £82.79

Heathrow Underground T1-2-3 ICE

1.106

1.11707

-0.99%

 £4.95

London City Airport Travelex

0.92

1.11707

-17.64%

 £88.21

Luton ICE

1.0648

1.11707

-4.68%

 £23.40

Manchester Travelex

1.094

1.11707

-2.07%

 £10.33

Norwich ICE

1.08

1.11707

-3.32%

 £16.59

Southampton Moneycorp

0.90

1.11707

-19.43%

 £97.16

Southend Moneycorp

0.9154

1.11707

-18.05%

 £90.27

Stansted Moneycorp

0.89

1.11707

-20.33%

 £101.64

Average  

0.9786

1.11707

-12.40%

 £61.99 

 

 

 

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