Everything you need to know about currency when travelling in Europe
The euro (€) is the official currency in 20 of the 27 European Union countries. However, there are still many countries that use their own currency.
Important Tips for Travelling to Europe: A Financial Guide
Travelling to Europe can be very exciting, however it is very important to navigate your finances with a variety of currencies during your trip. Whether you are going on vacation or a business trip, it is essential to manage your money. Here are some tips to keep in mind to ensure your trip goes smoothly.
Are credit and debit cards accepted across Europe?
In most European countries, credit and debit cards are widely accepted, especially in popular tourist destinations. It is important to note, however, that smaller shops like cafes typically prefer cash. It is always a good idea to carry small amounts of local currency on hand for these occasions. The two most accepted cards internationally are Visa and MasterCard, which makes it important to notify your bank of your travel plans to avoid cards being flagged.
Should I exchange currency before or after leaving for my trip?
Exchanging currency before you leave for your trip is a great idea. It is important to do research on where the best exchange rates are, as airports typically offer less favorable rates than ATM’s or banks. The best rates will of course be found at Continental Currency Exchange. As well, debit and credit cards may charge additional fees for international purchases. Make sure you know exactly where all your money is going. If you are in Ontario, visit any of Continental Currency Exchange’s 19 branches for the most favorable exchange rate. We will guarantee to beat the bank!
What currencies are used in different European countries
The euro (€) is the official currency in 20 of the 27 European Union countries. However, there are still many countries that use their own currency. It is essential to research the currencies of the specific countries you plan to visit. Here is a quick rundown:
Euro (€): Used in countries like France, Germany, Italy, Spain, and the Netherlands.
British Pound (£): Used in the United Kingdom.
Swiss Franc (CHF): Used in Switzerland and Liechtenstein.
Norwegian Krone (NOK): Used in Norway.
Danish Krone (DKK): Used in Denmark.
Swedish Krona (SEK): Used in Sweden.
Polish Zloty (PLN): Used in Poland.
Every currency has its own exchange rate, so ensure to check the rates before you travel!
Final Thoughts
These important financial trips for travel in Europe emphasize that preparation is key before travelling abroad. Understanding local customs regarding currency and card payments, familiarizing yourself with the several currencies, and planning these exchanges wisely will allow you to have a very enjoyable trip. For the best exchange rates and convenience, consider using a trusted currency exchange service like Continental Currency Exchange. Safe travels!