London - British holidaymakers spend almost £1-billion worth of foreign currency at airports every year so they do not have to bring it home, according to a study.
Researchers also discovered that unless they have more than £52 (about R900) worth of currency left they do not think it is worthwhile changing it back to sterling.
The study of 2 229 adults by financial company the Money Advice Service found that Britons fritter away £941-million worth of foreign currency at airports.
The average Briton spends £80 a day while on holiday.
Forty-two percent admit that they get “carried away”, while 34 percent say they always run out of money when abroad.
Only 49 percent look for the best rate when changing currency, with nine percent getting money changed at the airport, where rates can be lower, the study found.
Daily Mail