Exchange rate feels low after the highs of over $2 but if you take an average over the past 10 years the rate is $1.71, today we are at $1.585, yes its below average but not by a massive amount, the Government don't want it much higher so they won't do anything to help holidaymakers get higher rates, they are more interested in lower rates to help our export industry. IMO $1.60 ish is about as good as we will get for near future but hope I am wrong.