Families looking for a last-minute half-term break need to take into account sterling's slump of 5.2% against the Euro. According to the Post Office Travel Money Half Term Barometer, those taking a family holiday in the Eurozone will get around £27 less in Euros than a year ago if they change £500.
However, you can keep costs down by choosing a destination with low resort costs and package prices, such as the Costa del Sol, which the report found to be the cheapest of six popular European half-term destinations – the others being the Algarve, Mallorca, Marmaris, Ayia Napa and Tenerife.
Turkey as a whole remains a good family destination since sterling currently buys 7.6% more Turkish lira than a year ago – more than £35 on a £500 exchange.
Commented Andrew Brown of Post Office Travel Money: “Our new research proves just how important it is for families to check all costs when it comes to choosing a last-minute half term destination. The combination of low resort costs and cheap packages make the Costa del Sol best value overall, but with holiday prices changing all the time, the Algarve and Majorca are still worthy contenders this half term."
Brown advised families making last-minute half-term bookings to think ahead as much as possible by checking resort costs and organising foreign currency before leaving home to avoid airport rates.
See takethefamily's suggestions for the best half-term holidays.