Connect with us
Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

NEWS

Euro having a laugh: a quarter of Brits take the wrong currency on holiday

Euro having a laugh: a quarter of Brits take the wrong currency on holiday

Almost a quarter of Brits have taken the wrong currency on holiday, according to new research that reveals holidaymakers still struggle with which countries use the euro.

The study, commissioned by airport parking operator and retailer Airport Parking and Hotels (APH), found 23% of people have been left with the wrong money in their pocket for their destination, despite the euro entering circulation in January 2002.

When asked which countries they believe use the euro, just 26% correctly picked the popular tourist destination of Malta, despite the currency being used there since 2008.

Other holiday hotspots also fail to escape the British cash confusion, with 68% incorrectly believing Cyprus doesn’t use the euro, and 47% thinking Portugal has its own currency.

Top 5 Eurozone countries people think have their own currency
1. Slovakia (87%)
2. Slovenia (86%)
3. Lithuania (86%)
4. Latvia (85%)
5. Estonia (84%)
Non-euro countries people most commonly think use the euro:
1. Denmark (32%)
2. Poland (31%)
3. Hungary (22%)
4. Sweden (22%)
5. Czech Rep. (22%)
6. Switzerland (16%)
7. Iceland (14%)
8. Norway (13%)
9. Turkey (9%)
10. Bosnia & Herzegovina (8%)

Beverley Barden, head of marketing at APH, said: “This survey highlights the understandable confusion around the euro and which countries use it.

“Before you travel this summer our simple advice would be to check our euro guide to make sure you have the correct currency.”

APH has created a guide on its website to explain which countries use the euro – either as their only currency or among others.

Read the guide here:http://www.aph.com/community/holidays/list-of-european-countries-which-use-the-euro-currency/

For more information visit www.aph.com.

Continue Reading