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Families have to face the most expensive summer holidays abroad for decades due to the fall of the pound.
Last night, the money market was 1.11 euro or 1.24 US dollar.
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Since the launch of the single currency in 1999, the pound has not fallen against the euro since the middle of summer. And its value against the dollar is lower than that of the end of July, for the first time in 50 years.
Fears of an exit from the European Union without agreement with Britain fuel the decline.
James Daley, from the Fairer Finance consumer group, told the Daily Mail, "It really hurts when you go abroad and the holidays cost a lot more.
"The fall of the pound was one of the very real consequences of Brexit.
"British holidaymakers have suffered from the uncertainty that has engendered for over three years now and there is no chance of improving it very quickly."
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The British will have lower rates in many exchange offices, especially at airports.
Some only offer 0.8 euro per pound, which means £ 500 for just 400 euros.
Four years ago, £ 500 would buy around 700 euros.
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