If you're heading somewhere in Europe on your summer holiday this year, we've got a word of warning for you: stock up on your Euros now.
Because according to currency experts, the value of the pound is at its strongest right now, but it may not last - meaning you'll miss out on more cash to spend on bottles of rosé by the pool.
Nick Parsons, senior writer at foreign exchange firm Ofx, recently spoke at a conference on Brexit, where he warned: "The pound is about as good as it gets. Forward buy some of your currency needs."
As you can probably imagine, it's all to do with Brexit. Bloody Brexit. The uncertainty surrounding the details of our exit from the European Union has had a major impact on the value of the pound - remember from when it dropped dramatically following the referendum result in June 2016?
A lower value pound obviously means you get less foreign currency for your money, making holidays a lot more expensive.
In the almost-two-years since Brexit was announced, the pound has crept up in value and is currently in a (relatively) good place. You can currently get around €1.14 and $1.40 per pound in euros and US dollars respectively, which is the closest it's been to the exchange rate pre-referendum (when the pound was worth around €1.30).
But the experts aren't convinced this healthy patch will last. "The economic background is going to be challenging for the UK economy and the travel industry. The pace of growth we're going to see over the next few years will be dismal," the Telegraph reports Parsons commented.
And we certainly don't want things to go back to the way they were last summer, when the pound was only worth a single euro and - in some places - even less.
So if you want to get the most out of your money, it might be worth clueing yourself up on the exchange rate and keeping an eye on it. If you see it rise above €1.14 - pounce, because it's not guaranteed to last.
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