Country Information




Currency

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


Currency Exchange

Foreign currencies and traveller's cheques can be exchanged at all banks, savings banks and exchange counters at airports and railway stations at the official exchange rates.


Credit/Debit Cards and ATMs

Major credit cards are accepted in large cities. However, some smaller hotels may require bills to be paid in cash.


Traveller's Cheques

These are widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in a major currency (Euros, US Dollars, Pounds Sterling).


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

Mon, Tues, Wed and Fri 0800-1230 and 1330-1500; Thurs 0800-1230 and 1330-1730. Different opening hours may be kept in the various federal provinces. The exchange counters at airports and at railway stations are generally open from the first to the last flight or train, which usually means 0800-2200 including weekends.


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