Good news if you are going on holiday to Europe
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The pound against the euro has strengthen in recent months meaning must needed relief for British holidaymakers going to Europe.
As you can see from the graph the value of the pound has risen from £1=1.125 Euros at the beginning of April 2010 to £1=1.24 Euros at the end of July 2010.
The skill of reading and describing data is becoming more important in OCR GCSE Economics. Students are expected to use the figures from the graph and then describe what is happening. Some data can be tricky to read. In September we will look at data on a weekly basis in order to get you all prepared for this important part of the exam.
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