Even though the majority of travelers from the US to Europe are keen to spend, the fact that the dollar these days is worth around 50 cents in Great Britain is a bit of a dampener. There are always a few things that tourists can do to get maximum mileage out of their hard-earned money. For example, you should give a wide berth to the currency exchange companies found near airports, hotels, and tourist spots.
These businesses are not only not up-to-date with the latest exchange rates, they also charge a fee for offering you local currency; a better alternative is to convert from American banks if you are using their credit cards or ATM cards.