Country Information




Currency

Euro (EUR; symbol Euro) = 100 cents. Notes are in denominations of Euro500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of Euro2 and 1, and 50, 20, 10, 5, 2 and 1 cents.


Currency Exchange

Foreign currencies and traveller's cheques can be exchanged at banks, bureaux de change, post offices, airports, railway stations, ports and major hotels at the official exchange rates.


Credit/Debit Cards and ATMs

These are widely accepted in most shops, petrol stations, mid- to upmarket restaurants and hotels. All major credit cards are accepted, but it is advisable to carry cash as well. Cheques are very rarely used.


Traveller's Cheques

To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros, Pounds Sterling or US Dollars. Visitors are advised to have their traveller's cheques exchanged at bureaux de change (called Wechselstuben) as banks often refuse to change them and they are not accepted as payment in stores.


Currency Restrictions

There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding Euro10,000 or equivalent must be declared if travelling from or to a country outside the European Union.


Banking Hours

Generally Mon-Fri 0830-1300 and 1400-1600, Thurs 0830-1300 and 1430-1730 in main cities. Main branches do not close for lunch. Bureaux de change in airports and main railway stations are open 0600-2200.


Exchange Rate Indicators

1.00 GBP = 1.26 EUR
1.00 USD = 0.76 EUR
1.00 CAD = 0.7 EUR
Currency conversion rates as of 1 September 2014