However, for those still in the planning process, there are some destinations where the pound will go further than others.
As part of its Holiday Money Index 2019 the Post Office recently revealed that the top place to visit for a favourable exchange rate it Scandinavia.
The report also highlighted Norway, Sweden and Iceland as good countries for British holidaymakers.
“At a time when Norway attracts UK visitors to see the Northern Lights, sterling has strengthened by 10.1 percent year-on-year against the Norwegian krone,” said the Post Office.
“The UK pound is also 6.4 percent stronger against the Swedish kronor and has risen 5.4 percent against the Icelandic krona.”