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When we lived in Germany in 2001 and visited family and friends in the Netherlands and Belgium, I kept wallets and money from both countries. I forgot to take them with me the next time I crossed the border. It was painful to be caught penniless and constantly exchange money, so on January 1, the euro currency was introduced.
Euro Currency Bills And Coins
2002 I started in line to remove the shiny coin which included 19 different European coins.
Countries Using The Euro As Their Currency
Traveling in the Eurozone is a breeze when it comes to money. Only one coin must be handled to name an opportunity. The euro is the common currency used by 19 of the 28 EU countries. Member States. But if you go outside the 19 – the Eurozone – you will have to deal with other currencies with different notes, currencies and exchange rates. Euros are also legal tender in Monaco, San Marino and Vatican City.
Neighboring countries of the eurozone, for example Denmark and Switzerland, usually accept the euro, but offer you change in their currency.
Austria Belgium | Cyprus Estonia | Finland France | Germany | Greece | Ireland | Italy | Latvia | Lithuania Luxembourg | Malta | Netherlands | Portugal | Slovakia Slovenia Spain
There are seven euro banks and eight euro currencies. Banknote denominations are 5, 10, 20, 50, 100, 200 and 500 and euro denominations are 1 cent, 2 cent, 5 cent, 10 cent, 20 cent, 50 cent, €1 and 2 euro.
Euro And 50 Euro Cent Coins, 100 Euro Bill, Stock Photo, Picture And Rights Managed Image. Pic. Ibr 1455653
Finland and the Netherlands have removed their 1 and 2 cent coins. They are rounded to the nearest five cents. If you see something priced at €1.99 it doubles to €2 and leaves no change. Meanwhile, in Germany and other Eurozone countries, you will find your wallet stuffed with copper coins.
It’s a good idea to find out what your financial situation is before you leave home. Download this useful page from the European Central Bank. It will also help you understand the security of euro notes, so you can avoid counterfeit bills. Learn the feel, look, tilt method!
You can wait until you touch down in Europe to withdraw money from an ATM or exchange money at the airport. This is the cheapest way to exchange money as you get the current exchange rate. However, if you’re like me, you might want to carry some cash ready when you go abroad. Using your debit card at ATM machines is a simple matter. Many machines recognize foreign cards and offer language options so you don’t have to go through the process of executing commands in a foreign language!
Make sure your debit card is ‘chip and pin’ rather than ‘chip and signature’. You can run into problems with a chip and signature card, especially when you go around automatic payment terminals or when there is no one to help you. Having a four digit PIN is also useful as it is still most commonly used in Europe. Look for signs when using an ATM – eg. Cirrus or Maestro – on the back or front of your card to see if it will be accepted. Find out how much you can withdraw each day. A fee is charged per transaction, so it helps to get as much as you can from a transaction.
Image Of Euro Notes And Coins, European Union, Over Flag Wg409617 Picxy
Visa and MasterCard are the most widely accepted credit cards in Europe. You can leave some American Express and Discover cards (say what?) at home! It is not yet known throughout Europe. Do you have a PIN on your credit card? Credit card transactions in Europe often require this, so check before you leave home.
Also avoid using your credit card to withdraw money as the fees can hurt! Use your ATM card instead. Depending on the country, credit cards are widely accepted in Scandinavia, the Benelux, the UK and Ireland, but in other countries, you may need to carry cash if you’re venturing off the tourist areas and exploring off the beaten track.
Before you leave for your trip, talk to your bank about international fees and charges so there are no surprises waiting for you when you get home and open your bank statements. It is also a good idea to let them know when and where you are traveling as this will prevent the bank from unnecessarily blocking your card due to suspicious activity.
At times it may seem like we are moving towards a cashless society, but there are times when only cash is accepted. We were recently caught on a skiing trip in Germany where only resorts and cafes take cash. Then there are empty petrol pumps where you can only pay by card. In local markets, some vendors accept cards with mobile payments, while others only accept cash. So, a combination of cash and cards is perfect for your travels.
All European Currency Coins And Bills From 5 To 100 Euros
Always have some change handy. You need parking, entrance fees, donations (think churches and museums) and most importantly bathroom stops! Free bathroom visits are rare in Europe. Expect to pay anything between 20 cents and €1. On the plus side, you get clean amenities!
Just like you don’t put all your apples in one basket, don’t keep all your cash and cards together in one place. Unfortunately, petty thieves prey on tourists, so keep your belongings safe. You also get a hack-proof wallet with PacSafe that keeps your stuff safe from hands.
Be aware of your exchange rates, but don’t hunt for the best rate. It will pay you any way you go. Factor in the ease and accept that you will pay the price. Now that your money is sorted, all you have to do is relax and enjoy your stay!
Angela is a traveler, writer and translator from the Netherlands. Although he has listed many places to visit in the world, he realizes that the list of places to visit goes on and on! You can learn more about Angela on the Scribing Hand website.
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