Currency in Italy

Currency in Italy

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Last updated:
20.03.2020
 

What is the present currency of Italy?

Are you already planning all the details regarding your unforgettable tour of Italy? If you were looking for more information about currency in Italy, you’ve come on the right page. As in the majority of European Union countries, the Euro (EUR) serves as the official currency in Italy. If you are wondering what was Italy’s money before the Euro, the Italian Lira was used as official currency across the land till January 1st, 1999. Today there are banknotes in denominations of 5, 10, 20, 50, 100, 200, and 500 Euros available as well as coins that go from 1, 2, 5, 10, 20, and 50 cents to 1 and 2 Euros.

 

How to exchange currency in Italy?

You can easily exchange cash in one of the official currency exchange offices or local banks. We would like to pay your attention that you may be charged an extra commission for the operation. Small tip: don’t rush to get some cash right at the airport upon arrival as the exchange rates are often worse than if you buy Euros in the city center.