Brexit, especially with regard to the prospect of a no deal exit from the EU, has often been shrouded in negativity. Potential for the UK’s departure from the political-geographical state, with no set detail or plan of how to go forward, has previously sent the pound to euro exchange rate plummeting. Meanwhile, it has been revealed millions of passports could be at risk of becoming invalid should a no deal occur. Britons also appear to have been dissuaded from traveling to EU member states as the uncertainty rumbles on.
Yet finance experts have revealed there are some advantages to Brexit, whether this be in deal or no deal form.
Ian Strafford-Taylor, CEO of currency expert, FairFX said it could provide holidaymakers with chance to “explore” travel destinations they might not previously have contemplated.
He told Express.co.uk: “As far as travel money is concerned, Brexit provides a good opportunity for holidaymakers to explore destinations outside of the eurozone because the pound may be performing stronger against other currencies.”
He added: "With multiple options still on the table the UK still faces a lot of uncertainty over exactly how it will leave the EU.
“Uncertainty is, without a doubt, one of the biggest causes of volatility for currency.
