Pound to Euro exchange rate: Sterling plummets to as little as €0.82 at UK airports

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Sterling has plummeted to a new low, with holidaymakers being offered as little as 86 euro cents to the pound when exchanging currency at airports.

This rate, from Moneycorp at Southampton Airport, was the worst at any airport bureau de change in the country, according to a survey carried out by foreign exchange broker FairFx for the BBC.

Bureaux de Change at London airports didn’t fare much better, with exchange rates at every single one falling well below the market exchange rate of €1.08.

At Heathrow Terminal 2, International Currency Exchange (ICE) is offering €0.91, the same rate at which euros are being sold by Moneycorp at Stansted.

Pound sterling to Euro exchange rates by airport

Heathrow Terminal 2  (ICE): € 0.9100

Heathrow Terminal 3 (Travelex): € 0.9363

Heathrow Underground Terminals 1-2-3 (ICE): € 0.9826

London City Airport (Travelex): € 0.9500

Luton (ICE): € 0.9600

Stansted (Moneycorp): € 0.9114

James Hickman, Chief Commercial Officer for FairFX said: “The pound has dipped to its lowest rate against the euro since 2009, which is bad news for people planning a September break who didn’t buy their currency well in advance.

“Airports and ferry ports are adding to this misery further by offering euro rates well below parity, with Southampton Airport’s rate being the worst at 0.86 – a margin of 18.51 per cent on the market rate.

“The rate for dollars in airports isn’t much better, with Stansted offering a rate of just 1.09 – a margin of 18.62 per cent on the market rate.”

The average euro rate across 16 big UK airports was €0.95 to the pound. This time last year the average at these outlets stood at €0.99.

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