The Post Office® reveals favourable foreign exchange rates for football fans ahead of 2010 tournament
London, UK (PRWeb UK) November 7, 2009 -- Thousands of football fans are no doubt planning to travel South Africa to support England's in the World Cup finals next year. And if current foreign exchange rates remain fans can at least have confidence that they'll be winners when it comes to travel money. In fact, the Post Office is highlighting the South African rand's favourable exchange rate to sterling and its position as a fast-growing foreign currency in its latest foreign exchange holiday spending report.
If the sterling rand foreign exchange rate remains stable into next summer this, combined with the cheaper cost of living in South Africa, could help fans cash go further when the competition kicks off. A bottle of beer currently costs a reasonable £1.69 in the country, for example.
The Post Office has undertaken research into football fans' foreign currency habits when travelling to support their team. Obtaining travel money will be a familiar task for many football fans, with the recent Post Office Foreign Exchange survey of more than 1,000 supporters establishing that 41 per cent have travelled abroad to support their team in the last three years.
The research also revealed that football supporters are savvy travellers when it comes to travel money and foreign currency exchange. Some 73 per cent said they purchased travel money before setting off, avoiding commission and less favourable foreign exchange rates in the process.
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