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Survey highlights currency confusion

Thursday, 25 June 20153 min read

One in 10 UK travellers have headed off on their summer holidays with the wrong currency in their wallets, according to a survey.

Holidaymakers are being caught out by assuming all European countries will accept euros.

A survey by insurance company Holidaysafe found the number of people being caught out rises to 58% when it comes to trips to Turkey, where the official currency is Turkish Lira.

Another destination often mistaken for a euro-zone is Croatia, where the currency is the Croatian Kuna.

"Taking the wrong currency abroad is a common mistake, but many found that it was easier to buy the currency when they reached the destination, or that they could get a better rate," said Amber Howard, brand manager of Holidaysafe.co.uk.

"Always make sure you check the currency of the country you are going to before you start buying currency to take away with you.

"Cash can prove to be extremely useful when going abroad, especially if you are travelling to Greece with the current threat of the ‘Grexit’."

The research was conducted by Holidaysafe.co.uk among 6,084 customers of which 547 consumers responded.