A heavy cloud of uncertainty still hangs over the United Kingdom weeks after the vote to leave the European Union.
Prime Minister David Cameron resigned, Theresa May became the new British leader, S&P downgraded the UK's credit rating, and the pound plummeted to a 31-year low.
The months following Brexit look bleak for the British. But as the UK closes the door to the EU, it has unintentionally opened another to Canadian travellers.
The pound sterling is sitting just above $1.70 CAD and, while this might not seem like a steep drop, it could be enough to persuade more Canadians to visit the UK.
After all, the pound has long hovered just below or above $2 CAD, causing Canadians to think twice before booking London getaways. No tourists want to feel like they're paying double for everything -- from hotels and transportation to meals and entertainment, so many have simply chosen to vacation elsewhere.
Yes, Brexit might be hanging over the UK like a permanent raincloud, but -- from a financial standpoint -- it's shedding much needed sunshine on Canadians' holiday hopes.
Some economists even predict the pound will be on par with the U.S. dollar by the end of the year if Britain doesn't develop an exit strategy soon, according to MarketWatch.
Canadians, however, shouldn't await the pound's slide to parity with bated breath. Instead, they should take advantage of the waning currency by exchanging money sooner rather than later.
Individuals planning vacations in the near future -- fall or winter -- might also want to book and pay for hotels, transportation, and tours today in case the pound recovers.
Exchanging money now and booking in advance could save tourists thousands of dollars -- especially individuals and families heading to London, which is notorious for its expensive accommodation and dining.
Flights to the UK, however, are highest in the summer, making October and November the best bets for Canadians hoping to take advantage of the lower pound without paying exorbitant airfares.
Major airlines haven't reacted to the Brexit outcome yet. A return trip from Vancouver to London on Air Canada in August costs just over $1,000 with taxes. As expected, the same trip costs more than $100 less in November. However, if the pound continues to drop, Canadians should keep an eagle eye on airline travel deals because major carriers will want to take advantage of the lower sterling.
Brexit has, of course, stoked tensions and confusion over passport and travel regulations within Europe. Residents of EU member states can currently pass freely into other EU countries. How the rules will change for British citizens in the wake of Brexit remains to be seen.
Although EU leaders have made one opinion clear: the UK does not deserve to enjoy the benefits of membership in the European Union if it does not contribute to it.
So the British might soon have to pass through passport control in EU countries and citizens of EU countries might have to do the same in the UK. Travel visas, though, seem like an unlikely stretch.
But how will any changes to border control regulations impact Canadians travelling through the UK? If citizens of EU countries start having to line-up at passport control in the UK, Canadian tourists are likely to encounter longer passport and immigration wait times. But that seems like a minimal price to pay.
Follow HuffPost Canada Blogs on Facebook
ALSO ON HUFFPOST:
Best time to travel: April, May, September, October Average price: $700 to $900 Why you want to go: Even if the Euro scares you more than the U.S. dollar does, Spain is still considered a budget-friendly country with low accommodation costs. "Spain has something for every traveller's needs whether it be a relaxing beach vacation in Malaga, exploring the Alhambra Palace in Granada or visiting the famed Sagrada Familia in Barcelona. Spain is also famous for their tapas and you can get tapas and drink for $5," says Rishi Modi of travel deal site Next Departure.
Best time to travel: April, May, September, October Average price: $700 to $900 Why you want to go: For Canadians, Lisbon is one of the cheaper European cities to fly into. "It's a lively city with delicious seafood and cheap drinks. Take advantage of its inexpensive public transit to visit the historic Sintra, go to a winery in Porto and enjoy the Mediterranean weather on a beach in Faro."
Best time to travel: December to March Average price: $900 to $1,200 Why you want to go: Getting to Thailand can be pricey depending on the time you go, but once you're there, everything can fit into your budget. "Food from street vendors and markets costs you $4 to $5 and accommodations can run you as low as $20 a night [depending where you stay]. Thailand has tons of attractions to offer travellers, from trekking in the jungles of Chiang Mai to relaxing on tropical islands like Ko Samui."
Best time to travel: October to May Average price: $900 to $1,200 Why you want to go: Marrakech was named Tripadvisor's number one destination in 2015, according to travellers. "Explore the ancient palaces, shop in the markets of Marrakech and stay overnight in the Sahara desert. Food is inexpensive in local restaurants and street stalls, while accommodations are reasonably priced."
Best time to travel: Depending if you go north or south, you want to avoid cold or rainy seasons. Late December is usually the best. Average price: $900 to $1,100 Why you want to go: If you're an urban explorer or nature lover, Vietnam offers both. "Vietnam is another South Asian destination that continues to be budget-friendly with beautiful sights, including cruising along Halong Bay and visiting the rice terraces. Food is remarkably cheap — a meal and beer can cost under $3."
Best time to travel: April, May, September, October Average price: $900 to $1,100 Why you want to go: If you want to go to Europe and still have spending money, Modi suggests avoiding popular destinations like France and Italy and opting for Eastern Europe instead. "From Hungary to Romania to Bulgaria, these Eastern European countries are rich in diverse culture and its modern and historical architecture."
Best time to travel: April, May, September, October Average price: $700 to $900 Why you want to go: "Peru is known for its geographic diversity, from exploring the vast Amazon jungle to hiking the Inca Trail to relaxing on the beach coast," he says. But Peru’s most famous attraction is the ancient site of Machu Picchu — a must-see if you decide to go to this South American country.
Best time to travel: April, May, September, October Average price: $1,000 to $1,200 Why you want to go: Indonesia has thousands of islands and Bali is one of the most luxurious and popular ones. "Food and hotels are extremely cheap, where you can enjoy tasty meals from $1 to $2 and spend as little as $20 per night on accommodations." However, if you do plan on renting out a villa or eating on Seminyak's main tourist strip, it can feel like dining and living in a major Canadian city.
Best time to travel: January to March; September to November Average price: $600 to $1,000 Why you want to go: If you haven't been to Cuba, you probably know several Canadians who have — the Caribbean island is one of the most popular beach destinations for Canucks. "All-inclusive packages are affordable and offer a bang for your buck. If you’re really flexible, you can often find last-minute cheap deals on flights and all-inclusive packages."
Best time to travel: January to April; September to December Average price: $350 to $650 Why you want to go: We're not saying you should head to pricey destinations like Hawaii or Las Vegas, but some U.S. spots have taken advantage of our falling currency. "Myrtle Beach, Kissimmee, and Scottsdale are starting to offer deep discounts — around 20 to 30 per cent off accommodations, free meal vouchers and discounts off activities. Also, expect major airline carriers alongside the low-cost carriers stateside such as Allegiant and Sprint to offer discounts and seat sales as well." And when you look at your budget as a whole, many U.S. destinations tend to be cheaper than leaving the continent.
Follow Claire Newell on Twitter: www.twitter.com/clairenewell