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Spending abroad can be costly, so make sure you compare the market for the best exchange rates available on your travel money before jetting off. Sign up to receive our e-mails, containing the latest financial news and deals and money saving help. We don't sell your personal information, in fact you can use our site without giving it to us.
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Travel money: the basics. Spending abroad is simple when you understand which currency to use and how to exchange your money, this guide gives you the basics to get you started. We recommend you read: Travel money: how to get the best deal. What is travel money? It is the currency you use to pay for things abroad, instead of pound sterling.
What currency do you need? How do you tell if it is a good exchange rate? The higher the exchange rate the better. What happens if the exchange rate changes after you buy your travel money?
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Can you exchange one foreign currency for another? No, you can only sell foreign currency in exchange for pounds sterling in the UK. What if you cannot find the currency you want? What is a 'closed currency'? Here is how to get the best deal. Compare travel money Spending abroad can be costly, so make sure you compare the market for the best exchange rates available on your travel money before jetting off.
In this guide. What is an exchange rate? How much travel money will you need? How much travel money can you buy at once? Where can you buy travel money? Never buy at the airport. Related guides.
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