These are the holiday destinations where sterling buys more as 2017 ends

Sterling has strengthened considerably over the past year, after hitting rock bottom in October 2016, boosting the amount Britons can spend on holiday.

The pound has risen in value by more than one per cent against 29 popular foreign currencies for holidays, according to analysis by travel money firm No1 Currency.

Of major holiday destinations the best performance has come against the Turkish lira, which has fallen by more than 17 per cent since the start of 2016 against the pound after political unrest and concerns over economics policy.

However, sterling is still down by 3.5 per cent in 2017 against the euro, the currency in many of the most popular holiday destinations for Britons.

The purchasing power of the pound abroad remains far below levels seen directly before the EU referendum: the Bank of England’s trade-weighted sterling measure shows the currency remains more than 10 per cent lower than 23 June 2016.

Nevertheless, as some of the risks from the Brexit process have passed, sterling has staged a partial recovery from the depths seen at the end of last year.

Here are the currencies against which the pound has performed best during 2017.

	Currency	Currency per Pound (2016) (Dec 19th)	Currency per Pound (2017) (Dec 19th)	Percentage increase
1	Turkish Lira	4.37	5.13	17.39%
2	Costa Rican Colon	675.47	757.67	12.16%
3	Sri Lankan Rupee	185.07	205.12	10.83%
4	Indonesian Rupiah	16622	18176.89	9.49%
5	Kenyan Shilling	126.62	138.03	9.01%
6	Cambodian Riel	4990.81	5432.49	8.84%
7	Vietnamese Dong	27965.41	30421.06	8.78%
8	Philippine Peso	62.07	67.5	8.74%
9	Hong Kong Dollar	9.64	10.47	8.60%
10	Caribbean Dollar	3.35	3.61	7.76%
11	Barbadian Dollar	2.48	2.67	7.66%
12	American Dollar	1.24	1.33	7.25%
13	Cuban Peso	1.24	1.33	7.25%
14	Bahamian Dollar	1.24	1.33	7.25%
15	NZ Dollar	1.78	1.9	6.74%
16	Colombian Peso	3738.43	3988.14	6.67%
17	Brazilian Real	4.19	4.4	5.01%
18	Jamaican Dollar	159.79	167.19	4.63%
19	Fijian Dollar	2.63	2.75	4.56%
20	Peruvian Sol	4.21	4.39	4.27%
21	Norwegian Krone	10.74	11.19	4.18%
22	Japanese Yen	144.81	150.76	4.10%
23	Swiss Franc	1.26	1.31	3.96%
24	Canadian Dollar	1.66	1.72	3.61%
25	Chinese Renminbi	8.63	8.84	2.43%
26	Australian Dollar	1.7	1.74	2.35%
27	Russian Rouble	76.79	78.4	2.09%
28	Indian Rupee	84.73	85.76	1.21%
29	Mexican Peso	25.3	25.54	0.94%
30	Egyptian Pound	23.71	23.92	0.88%