Topic: Brits taking US cruises 'to benefit from currency trends'

British travellers who will be stopping off in the US during a cruise this year could see the benefit of recent currency trends.

According to International Currency Exchange (Ice), people from the UK heading to the States this summer will get almost 30 per cent more spending money than last year.

The company used a budget of £500 as an example, pointing out that this amount will equate to around $741.20 this summer, $161.44 more than the $579.76 it would have bought in 2009.

Joanna Williams, head of marketing for Ice, said: "The massive improvement in the strength of the pound against the US dollar couldn't have come at a better time for UK families heading stateside.

"It will make a huge difference to their spending power. $161.44 is entry to Disney and Universal Studios with money left over or a good lunch for four in New York."

Travellers taking cruises in Europe will also see the benefit of recent exchange rate trends, with the pound strengthening by 2.97 per cent against the euro over the past year.

Yes, I think this is absolute nonsense too. Their maths would suggest the exchange rate last year was $1.15 to £1 - it wasn't. It has never fallen much below $1.40 to £1 in recent years.

I wouldn't trust this currency exchange mob - their maths is clearly dodgy

Rate was almost $1.60 this time last year if I remember correctly. I got $1.45 two weeks ago although it's nudged up a smidgeon now I'm back home again..
Def. interesting maths.

I thought I was dreaming when I first read this. Who are they trying to kid?

I keep my currency exchange charts, I renew them according to the rate of exchange and they definitely do not support the figures put forward by this "group"

Might I suggest that they have got their buying and selling statistics muddled up because not a lot more would explain it.

Unless of course they are trying to promote their exchange or trips to the USA and using very dubious means. .....Neil