The holiday destinations offering Brits the best value for money in 2018 have been revealed - and it's Argentina and Brazil where the pound goes furthest. Currency exchange experts FairFX looked at the countries where the pound has been performing well and where it is expected to continue to do well next year. And its research has revealed that sterling goes a staggering 196 per cent further in Argentina that it did compared to five years ago. Currency exchange experts FairFX has revealed its top travel destinations for 2018 based on value for money and topping the list is Argentina, pictured  FairFX research has also revealed that Brazil, pictured, also offers value for money with the pound now going 31 per cent further there  FairFX says that 2018 could be the perfect time to snap up Argentine pesos and head to the country to visit the stunning waterfalls and glaciers as Brit travellers will get £662.24 more for £1,000 exchanged than they did in 2012. While another bargain travel destination is Argentina's South American neighbour Brazil, with those heading for a view of Christ the Redeemer seeing their pound going 31 per cent further than in 2012. RELATED ARTICLES Previous 1 2 Next How the practice of 'codesharing' among airlines can affect... Step away from the party poppers! What festive items you can... How the Elizabeth line will slash journey times across... From the country that received just NINE write-ups to the... From Christmas markets in Vienna to floating markets in... From a Second World War sentry post to a bohemian prairie... Share this article Share 69 shares Meanwhile in Mexico, FairFX has found that Brits benefit from a 24 per cent improvement in the pound to peso rate in the past five years. Other places making it on to the exchange expert's list include Papua New Guinea, which it says is more affordable than ever with the pound going 28 per cent further than in 2012. A table showing FairFX's top 10 travel destinations for 2018 based on value for money for Brits  Traveller favourite Australia also makes the list with the pound up 12 per cent against the Australian dollar. Or if https://www.lonelyplanet.com/sri-lanka prefer to stay closer to home, FairFX say Brits could head to Norway - even though it has a reputation for being expensive. This is because the pound is up 24 per cent compared to the krone, with travellers getting £190.78 extra for £1,000 exchanged compared to five years ago. In Papua New Guinea, pictured, the pound goes 28 per cent further compared to five years ago If Brits prefer to stay closer to home, FairFX say Brits could head to Norway, where FairFX says that the pound is up 24 per cent compared to the krone over five years  The research comes as FairFX also found that this year, the pound has also been faring well against currencies in Nicargaua and Costa Rica. Outside of South America, several Asian destinations now also offer travellers significantly better value than this time last year, with Sri Lanka, Laos, Indonesia and Hong Kong all making the top 10. https://www.lostinsrilanka.com -Taylor, CEO of FairFX, said: 'If the Brexit trade talks have some positive momentum in 2018, then we may see sterling improve against the euro, making the Eurozone better value than this year for Brits planning holidays. 'However, if Brexit negotiations impact on sterling creating another rocky year, travellers may have to look further afield at destinations where countries have performed better in the long run, taking the opportunity to capitalise on currency improvements to test out long-haul and off-the-beaten track destinations.' A table showing the top ten value-for-money travel destinations for Brits in 2017