Money - Europe

Last Updated: 23rd Apr 2013

More Tour and Travel Advice for Europe

The Euro Zone

The Euro (€) is the most widely accepted currency in the world and is the official currency of 13 European Union countries as well as being accepted in many other countries where it is used unofficially.

The countries where the Euro is the official currency are:

Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Slovenia, Spain

The United Kingdom

The official currency of the United Kingdom is the Pound Stirling (£) and although some pay phones may accept Euro, the Pound is the only accepted currency in through out United Kingdom (England, Scotland and Wales and Northern Ireland). The Republic of Ireland uses the Euro.

Scandinavia

Although the Euro is very widely accepted, this however is generally not the case in Sweden , Denmark and Norway where the local currency for each individual country is generally the only accepted form of cash.

Other Countries

Most central and eastern European countries have their on currencies. Places of business in countries such as Poland and the Czech Republic along with Egypt, Russia and Switzerland accept the Euro alongside their official currency with change usually being given in the local currency.

ATM’s and Cash Machines

ATM’s and Cash Machines are readily available throughout Europe. There will almost certainly be a charge for making cash withdraws from foreign cash machines and its best to check with your bank at home to find out what these are.

It is also common for the lines of communication between banks in Europe and your home country to go down. Usually its best to carry at least 50€ (as well as some local currency if you are in a country that does not accept the Euro) as a backup in case you cannot get access to a cash machine.

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