EXOTIC: Brits might get more bang for their buck by going further afield tis year
Sterling has had a turbulent time since the Brexit vote on June 23 2016.
Since the referendum, the pound to euro exchange rate has plummeted, making European holidays more expensive for Brits.
Last summer the exchange rate hovered around €1.14 to the pound and this year it is even lower at around the €1.12 mark.
This means holidays to Brit favourites like Spain, France and Portugal are more expensive than ever.
So, what is the best way to bag a bargain break this year?
Speaking exclusively to the Daily Star Online, Retail Director at No1 Currency, Simon Phillips said: “If youre yet to book a holiday, you could consider going somewhere further afield this year where your pound will stretch further.”
Being flexible with your destination is one of the best ways to make big savings on family holidays.
Simon suggests heading to destinations like Hungry and Bulgaria, because they dont use the euro.
Here are five other exotic destinations where your pound will go further:
CHEAP: Morocco is a great budget option and just a few hours flight from the UK
Exchange rate: £1 = 12.31 Moroccan Dirham
Morocco is a great year-round destination as temperatures remain high annually.
It is only a few hours flight from the UK and the capital Marrakesh is popular with Brits.
Accommodation, food and drink is cheap and your pound will stretch much further here than in European destinations.
10 cheapest exotic holiday destinations
Have a look at what you can get for your money with the 10 cheapest exotic holiday destinations Getty Images 1. Cape Town, South Africa — £48.89Coffee: £1.10Beer: £1.37Bottle of water: £0.66 Suncream: £6.58Insect repellent: £4.38 3-course dinner with wine: £27.40
Exchange rate: £1 = 43.33 Thai Baht
Thailand is one of the most popular exotic destination for Brits and constantly features highly on Bucket Lists.
Flights to get there might be a little more expensive, but you will need minimum spending money while youre there.
Meals can cost as little as £1-£2 and accommodation rates are very reasonable.
Exchange rate: £1 = 4.79 Polish złoty
Just a four-hour flight from the UK, Poland is becoming an increasingly popular destination, with cities like Krakow and Warsaw putting it on the map.
Food, drink and accommodation are all delightfully cheap in the eastern European country.
BARGAIN: Luxury resorts in Indonesia only cost around £45 per night
Exchange rate: £1 = 24.29 Mexican Peso
Whether youre keen to visit bustling Mexico City or the picturesque beaches of Tulum, Mexico is a winning travel hotspot.
You can nab a pint of beer for around £1 and delicious street food will set you back about the same amount.
Exchange rate: £1 = 18,867.07 Indonesian Rupiah
Luxury resorts in Indonesia will cost your around £45 per night.
Bali in particular has become a must-visit destination for Brits. The stunning Indonesian island is famous for its forested volcanic mountains, iconic rice paddies, beaches and coral reefs.
If you are still going to venture to Europe this year here are Martin Lewis top exchange rate tips.